Academy Sports and Outdoors (NASDAQ:ASO) Releases FY 2025 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 5.650-6.150 for the period, compared to the consensus estimate of 5.490. The company issued revenue guidance of $6.0 billion-$6.2 billion, compared to the consensus revenue estimate of $6.1 billion.

Analysts Set New Price Targets

ASO has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Academy Sports and Outdoors in a research report on Monday, December 1st. UBS Group reaffirmed a “neutral” rating and issued a $52.00 target price on shares of Academy Sports and Outdoors in a research report on Sunday, August 31st. Evercore ISI lifted their price target on shares of Academy Sports and Outdoors from $50.00 to $55.00 and gave the company an “in-line” rating in a research report on Tuesday, October 14th. Truist Financial increased their price objective on shares of Academy Sports and Outdoors from $47.00 to $50.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Finally, Guggenheim restated a “buy” rating and set a $60.00 price target on shares of Academy Sports and Outdoors in a research note on Monday, September 8th. Nine analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $58.37.

Academy Sports and Outdoors Stock Down 2.7%

Shares of NASDAQ ASO opened at $48.85 on Tuesday. The stock has a market cap of $3.25 billion, a P/E ratio of 9.15, a PEG ratio of 1.01 and a beta of 1.30. The business’s fifty day simple moving average is $48.56 and its 200-day simple moving average is $48.73. Academy Sports and Outdoors has a 12-month low of $33.34 and a 12-month high of $61.25. The company has a current ratio of 1.64, a quick ratio of 0.33 and a debt-to-equity ratio of 0.23.

Academy Sports and Outdoors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Thursday, December 18th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Thursday, December 18th. This represents a $0.52 annualized dividend and a yield of 1.1%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is 9.74%.

Institutional Investors Weigh In On Academy Sports and Outdoors

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Lazard Asset Management LLC grew its stake in shares of Academy Sports and Outdoors by 12.4% during the second quarter. Lazard Asset Management LLC now owns 3,270 shares of the company’s stock worth $146,000 after purchasing an additional 360 shares in the last quarter. Vident Advisory LLC increased its holdings in shares of Academy Sports and Outdoors by 2.3% in the 3rd quarter. Vident Advisory LLC now owns 17,268 shares of the company’s stock valued at $864,000 after acquiring an additional 381 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Academy Sports and Outdoors by 89.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock worth $62,000 after acquiring an additional 657 shares in the last quarter. Swiss National Bank boosted its holdings in Academy Sports and Outdoors by 0.6% in the third quarter. Swiss National Bank now owns 128,800 shares of the company’s stock valued at $6,443,000 after purchasing an additional 800 shares in the last quarter. Finally, Brevan Howard Capital Management LP increased its stake in Academy Sports and Outdoors by 3.6% in the second quarter. Brevan Howard Capital Management LP now owns 24,209 shares of the company’s stock valued at $1,085,000 after purchasing an additional 851 shares during the last quarter.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.