Academy Sports and Outdoors (NASDAQ:ASO) Releases FY 2026 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 6.400-6.800 for the period, compared to the consensus EPS estimate of 6.310. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Academy Sports and Outdoors Price Performance

Academy Sports and Outdoors stock opened at $56.43 on Tuesday. The firm has a market capitalization of $3.64 billion, a PE ratio of 10.15, a P/E/G ratio of 0.80 and a beta of 1.04. Academy Sports and Outdoors has a 52 week low of $41.29 and a 52 week high of $62.44. The firm’s 50-day simple moving average is $54.40 and its 200 day simple moving average is $54.59. The company has a quick ratio of 0.44, a current ratio of 1.89 and a debt-to-equity ratio of 0.22.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its earnings results on Tuesday, June 9th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.02. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. Academy Sports and Outdoors had a net margin of 6.22% and a return on equity of 17.88%. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the firm posted $0.76 EPS. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. On average, equities research analysts predict that Academy Sports and Outdoors will post 5.93 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Thursday, June 18th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, June 18th. Academy Sports and Outdoors’s payout ratio is currently 10.79%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Wells Fargo & Company upped their target price on Academy Sports and Outdoors from $52.00 to $56.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Barclays boosted their price target on Academy Sports and Outdoors from $49.00 to $55.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 8th. Jefferies Financial Group reaffirmed a “buy” rating and set a $61.00 price objective on shares of Academy Sports and Outdoors in a research note on Tuesday, March 17th. UBS Group cut their target price on shares of Academy Sports and Outdoors from $60.00 to $56.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $65.00 price target on shares of Academy Sports and Outdoors in a research note on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, Academy Sports and Outdoors has a consensus rating of “Hold” and an average target price of $59.87.

Insider Activity at Academy Sports and Outdoors

In other news, Director Jeffrey C. Tweedy sold 4,000 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $60.00, for a total transaction of $240,000.00. Following the transaction, the director directly owned 7,835 shares in the company, valued at $470,100. This represents a 33.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.62% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Academy Sports and Outdoors

Hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada grew its position in Academy Sports and Outdoors by 8.5% during the first quarter. Royal Bank of Canada now owns 59,775 shares of the company’s stock valued at $2,726,000 after acquiring an additional 4,665 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Academy Sports and Outdoors by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,472 shares of the company’s stock worth $1,846,000 after purchasing an additional 1,257 shares during the period. United Services Automobile Association acquired a new stake in Academy Sports and Outdoors during the 1st quarter worth approximately $223,000. Strs Ohio purchased a new position in Academy Sports and Outdoors in the first quarter valued at approximately $128,000. Finally, EverSource Wealth Advisors LLC lifted its position in Academy Sports and Outdoors by 89.9% during the second quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock valued at $62,000 after buying an additional 657 shares in the last quarter.

About Academy Sports and Outdoors

Academy Sports and Outdoors is a leading specialty retailer of sporting goods and outdoor gear, operating more than 260 stores across the United States. Headquartered in Katy, Texas, the company offers a broad assortment of merchandise spanning athletic footwear and apparel, team sports equipment, camping and outdoor recreation products, hunting and fishing supplies, and fitness accessories. In addition to its brick-and-mortar footprint, Academy serves customers through its e-commerce platform, offering online ordering, in-store pickup, and home delivery options.

The company’s product portfolio includes seasonal and year-round categories designed to meet the needs of both casual enthusiasts and serious athletes.