Telsey Advisory Group Reaffirms Outperform Rating for Academy Sports and Outdoors (NASDAQ:ASO)

Telsey Advisory Group reiterated their outperform rating on shares of Academy Sports and Outdoors (NASDAQ:ASO) in a research report released on Thursday morning, Benzinga reports. Telsey Advisory Group currently has a $65.00 target price on the stock. Telsey Advisory Group also issued estimates for Academy Sports and Outdoors’ Q1 2026 earnings at $1.17 EPS, Q2 2026 earnings at $2.08 EPS, Q3 2026 earnings at $1.53 EPS and FY2026 earnings at $6.89 EPS.

ASO has been the subject of a number of other reports. Morgan Stanley lowered their price target on Academy Sports and Outdoors from $65.00 to $60.00 and set an equal weight rating for the company in a research note on Wednesday, June 12th. Loop Capital reissued a buy rating and set a $77.00 price target on shares of Academy Sports and Outdoors in a research report on Monday, July 1st. Wells Fargo & Company decreased their price target on shares of Academy Sports and Outdoors from $55.00 to $46.00 and set an equal weight rating for the company in a report on Monday, August 12th. Wedbush reiterated an outperform rating and set a $65.00 target price on shares of Academy Sports and Outdoors in a report on Thursday. Finally, TD Cowen cut Academy Sports and Outdoors from a buy rating to a hold rating and decreased their target price for the company from $58.00 to $54.00 in a research note on Tuesday, August 13th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Academy Sports and Outdoors has an average rating of Moderate Buy and an average price target of $64.93.

Academy Sports and Outdoors Stock Performance

Shares of Academy Sports and Outdoors stock opened at $53.58 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.62 and a quick ratio of 0.41. The firm has a 50 day simple moving average of $53.16 and a 200 day simple moving average of $58.10. Academy Sports and Outdoors has a fifty-two week low of $42.83 and a fifty-two week high of $75.73. The firm has a market cap of $3.86 billion, a P/E ratio of 8.19, a P/E/G ratio of 0.95 and a beta of 1.34.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings results on Tuesday, June 11th. The company reported $1.08 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.11). The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.38 billion. Academy Sports and Outdoors had a return on equity of 27.18% and a net margin of 8.17%. The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.19 EPS. Sell-side analysts predict that Academy Sports and Outdoors will post 6.25 earnings per share for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Thursday, September 19th will be given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Thursday, September 19th. Academy Sports and Outdoors’s dividend payout ratio (DPR) is currently 6.73%.

Insiders Place Their Bets

In other news, Director Jeffrey C. Tweedy sold 625 shares of the firm’s stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $54.25, for a total value of $33,906.25. Following the completion of the transaction, the director now owns 10,106 shares in the company, valued at approximately $548,250.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.19% of the company’s stock.

Institutional Investors Weigh In On Academy Sports and Outdoors

Several large investors have recently made changes to their positions in the stock. Mitsubishi UFJ Trust & Banking Corp grew its holdings in Academy Sports and Outdoors by 3.1% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,201 shares of the company’s stock worth $548,000 after purchasing an additional 250 shares during the period. Cullen Frost Bankers Inc. boosted its stake in shares of Academy Sports and Outdoors by 4.6% during the 4th quarter. Cullen Frost Bankers Inc. now owns 5,980 shares of the company’s stock worth $395,000 after acquiring an additional 265 shares during the period. Trust Investment Advisors increased its holdings in shares of Academy Sports and Outdoors by 1.8% during the 2nd quarter. Trust Investment Advisors now owns 15,030 shares of the company’s stock worth $800,000 after acquiring an additional 266 shares during the last quarter. Great Valley Advisor Group Inc. raised its stake in Academy Sports and Outdoors by 3.6% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 7,673 shares of the company’s stock valued at $409,000 after acquiring an additional 269 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in Academy Sports and Outdoors by 1.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 28,410 shares of the company’s stock valued at $1,875,000 after purchasing an additional 276 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.