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

Academy Sports and Outdoors (NASDAQ:ASO) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 5.650-6.150 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Academy Sports and Outdoors in a research note on Monday, December 1st. Guggenheim reaffirmed a “buy” rating and issued a $60.00 price target on shares of Academy Sports and Outdoors in a report on Monday, September 8th. Cowen reissued a “hold” rating on shares of Academy Sports and Outdoors in a report on Wednesday, September 3rd. UBS Group restated a “neutral” rating and issued a $52.00 price objective on shares of Academy Sports and Outdoors in a research report on Sunday, August 31st. Finally, JPMorgan Chase & Co. increased their target price on Academy Sports and Outdoors from $54.00 to $56.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Nine research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Academy Sports and Outdoors has a consensus rating of “Hold” and an average price target of $58.37.

Academy Sports and Outdoors Stock Performance

NASDAQ ASO opened at $48.85 on Tuesday. The company has a market cap of $3.25 billion, a PE ratio of 9.15, a price-to-earnings-growth ratio of 1.01 and a beta of 1.30. The stock’s 50 day simple moving average is $48.56 and its 200-day simple moving average is $48.73. Academy Sports and Outdoors has a 1-year low of $33.34 and a 1-year high of $61.25. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.64 and a quick ratio of 0.33.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $1.07 by $0.07. Academy Sports and Outdoors had a return on equity of 18.47% and a net margin of 6.21%.The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Academy Sports and Outdoors has set its FY 2025 guidance at 5.650-6.150 EPS. As a group, equities research analysts anticipate that Academy Sports and Outdoors will post 5.59 EPS for the current fiscal year.

Academy Sports and Outdoors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Thursday, December 18th will be given a dividend of $0.13 per share. The ex-dividend date is Thursday, December 18th. This represents a $0.52 dividend on an annualized basis and a yield of 1.1%. Academy Sports and Outdoors’s payout ratio is presently 9.74%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Boston Partners boosted its holdings 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 worth $65,416,000 after purchasing an additional 600,335 shares during the last quarter. Bank of America Corp DE lifted its position in Academy Sports and Outdoors by 44.0% during the third quarter. Bank of America Corp DE now owns 781,116 shares of the company’s stock worth $39,071,000 after buying an additional 238,778 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Academy Sports and Outdoors by 219.8% during the second quarter. Ameriprise Financial Inc. now owns 501,028 shares of the company’s stock worth $22,452,000 after buying an additional 344,376 shares during the last quarter. Invesco Ltd. grew its holdings in Academy Sports and Outdoors by 0.9% in the 3rd quarter. Invesco Ltd. now owns 365,312 shares of the company’s stock valued at $18,273,000 after buying an additional 3,244 shares in the last quarter. Finally, Voloridge Investment Management LLC increased its stake in shares of Academy Sports and Outdoors by 6,156.4% in the 3rd quarter. Voloridge Investment Management LLC now owns 344,788 shares of the company’s stock worth $17,246,000 after acquiring an additional 339,277 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.