Academy Sports and Outdoors (NASDAQ:ASO) Price Target Raised to $54.00

Academy Sports and Outdoors (NASDAQ:ASO) had its price objective hoisted by Truist Financial from $52.00 to $54.00 in a report released on Thursday morning,Benzinga reports. The firm currently has a hold rating on the stock.

A number of other analysts have also recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Weiss Ratings lowered shares of Academy Sports and Outdoors from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, September 3rd. The Goldman Sachs Group reduced their price target on shares of Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating on the stock in a research report on Wednesday, June 10th. Wells Fargo & Company upgraded shares of Academy Sports and Outdoors from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets set a $42.00 price target on Academy Sports and Outdoors and gave the company a “market perform” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $58.29.

Academy Sports and Outdoors Price Performance

Shares of Academy Sports and Outdoors stock opened at $55.36 on Thursday. Academy Sports and Outdoors has a twelve month low of $41.29 and a twelve month high of $62.44. The stock has a market capitalization of $3.41 billion, a P/E ratio of 9.23, a PEG ratio of 0.80 and a beta of 1.02. The company has a current ratio of 1.74, a quick ratio of 0.36 and a debt-to-equity ratio of 0.23. The business’s fifty day moving average price is $47.11 and its 200 day moving average price is $51.65.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings results on Wednesday, September 9th. The company reported $2.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.24. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.65 billion. Academy Sports and Outdoors had a return on equity of 18.36% and a net margin of 6.39%.The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.94 earnings per share. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. As a group, research analysts anticipate that Academy Sports and Outdoors will post 6.14 earnings per share for the current year.

Academy Sports and Outdoors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 16th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, September 16th. Academy Sports and Outdoors’s dividend payout ratio (DPR) is presently 10.00%.

Institutional Investors Weigh In On Academy Sports and Outdoors

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Academy Sports and Outdoors during the 2nd quarter worth approximately $468,146,000. California State Teachers Retirement System raised its position in shares of Academy Sports and Outdoors by 4,364.9% in the 2nd quarter. California State Teachers Retirement System now owns 3,485,499 shares of the company’s stock valued at $164,272,000 after purchasing an additional 3,407,435 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Academy Sports and Outdoors during the 2nd quarter valued at approximately $61,207,000. Boston Partners boosted its stake in shares of Academy Sports and Outdoors by 85.5% during the 3rd quarter. Boston Partners now owns 1,302,141 shares of the company’s stock valued at $65,416,000 after buying an additional 600,335 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Academy Sports and Outdoors during the 2nd quarter valued at approximately $27,742,000.

Academy Sports and Outdoors News Roundup

Here are the key news stories impacting Academy Sports and Outdoors this week:

• Positive Sentiment: Academy reported quarterly EPS of $2.31, exceeding the $2.07 analyst consensus, while revenue of approximately $1.65 billion matched expectations and rose 3% year over year. The earnings beat helped drive the stock higher. Academy Sports shares gap up following better-than-expected earnings
• Positive Sentiment: Management raised its fiscal 2026 EPS outlook, reinforcing investor confidence that earnings can continue growing despite a challenging consumer and tariff environment. Academy boosts fiscal 2026 EPS outlook
• Positive Sentiment: The retailer is expanding its premium running assortment by launching five Hoka shoe styles in 15 stores across four states and online in early October. The initiative could attract higher-value customers and strengthen Academy’s footwear business. Academy launches Hoka performance running shoes
• Neutral Sentiment: Analyst reactions were mixed but generally cautious. UBS raised its price target to $58 while retaining a neutral rating, and BMO upgraded the stock to hold. Truist also raised its target to $54 but maintained a hold rating, leaving limited implied upside from the current level.
• Neutral Sentiment: Commentary noted that comparable-sales growth remains slow, partly because of macroeconomic pressure and weaker performance relative to some peers, tempering the otherwise positive earnings reaction. Academy Sports market commentary

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors, Inc is a sporting goods and outdoor recreation retailer based in Katy, Texas. The company operates stores and an e-commerce platform serving customers across the southern, southeastern and midwestern United States.

Its merchandise includes sporting goods and equipment, outdoor and adventure products, hunting and fishing gear, athletic and casual footwear, apparel, and related accessories. Academy serves a broad customer base through a value-oriented assortment of national brands and private-label products.

The company traces its history to 1938, when it was founded in San Antonio, Texas, as a small tire shop.