Academy Sports and Outdoors (NASDAQ:ASO) Price Target Raised to $65.00 at Guggenheim

Academy Sports and Outdoors (NASDAQ:ASO) had its price target raised by Guggenheim from $60.00 to $65.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Academy Sports and Outdoors from $52.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Truist Financial lowered their price objective on shares of Academy Sports and Outdoors from $59.00 to $52.00 and set a “hold” rating for the company in a research report on Tuesday, March 17th. Bank of America upped their price objective on shares of Academy Sports and Outdoors from $55.00 to $58.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 10th. Telsey Advisory Group reiterated an “outperform” rating and set a $65.00 price objective on shares of Academy Sports and Outdoors in a research report on Tuesday, March 17th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Academy Sports and Outdoors in a research report on Monday, December 29th. Five analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $58.43.

Academy Sports and Outdoors Stock Performance

Shares of Academy Sports and Outdoors stock opened at $56.20 on Wednesday. The company has a 50 day moving average of $57.31 and a 200-day moving average of $53.14. Academy Sports and Outdoors has a 1-year low of $33.34 and a 1-year high of $62.44. The company has a current ratio of 1.89, a quick ratio of 0.44 and a debt-to-equity ratio of 0.22. The company has a market cap of $3.62 billion, a PE ratio of 10.11, a price-to-earnings-growth ratio of 0.89 and a beta of 1.21.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings results on Tuesday, March 17th. The company reported $1.97 earnings per share for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.08). The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.76 billion. Academy Sports and Outdoors had a return on equity of 17.88% and a net margin of 6.22%.The business’s revenue was up 2.5% on a year-over-year basis. During the same period last year, the company posted $1.96 EPS. As a group, equities research analysts forecast that Academy Sports and Outdoors will post 5.59 earnings per share for the current fiscal year.

Academy Sports and Outdoors Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 20th will be given a $0.15 dividend. This is an increase from Academy Sports and Outdoors’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, March 20th. This represents a $0.60 annualized dividend and a yield of 1.1%. Academy Sports and Outdoors’s dividend payout ratio is currently 10.79%.

Hedge Funds Weigh In On Academy Sports and Outdoors

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC boosted its stake in shares of Academy Sports and Outdoors by 139.8% in the 4th quarter. Salomon & Ludwin LLC now owns 482 shares of the company’s stock valued at $26,000 after purchasing an additional 281 shares during the last quarter. Huntington National Bank boosted its stake in shares of Academy Sports and Outdoors by 47.3% in the 3rd quarter. Huntington National Bank now owns 1,015 shares of the company’s stock valued at $51,000 after purchasing an additional 326 shares during the last quarter. Bayforest Capital Ltd bought a new stake in shares of Academy Sports and Outdoors in the 4th quarter valued at $51,000. Nisa Investment Advisors LLC boosted its stake in shares of Academy Sports and Outdoors by 32.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,025 shares of the company’s stock valued at $51,000 after purchasing an additional 252 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Academy Sports and Outdoors by 117.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,113 shares of the company’s stock valued at $56,000 after purchasing an additional 602 shares during the last quarter.

Academy Sports and Outdoors News Summary

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

• Positive Sentiment: Company issued a preliminary Q1 fiscal 2026 sales update and held an Analyst Day outlining growth initiatives and comps improvement — management’s upbeat guidance helped support investor confidence. Preliminary Q1 Sales Update
• Positive Sentiment: Company reiterated a positive guidance update ahead of Analyst Day; media coverage highlights management’s constructive messaging on sales momentum. Positive Guidance Update
• Positive Sentiment: Guggenheim raised its price target to $65 and kept a Buy rating, implying ~16% upside from current levels — a bullish analyst signal that can support the stock. Guggenheim PT Raise
• Neutral Sentiment: Academy hosted its 2026 Analyst Day and published slides and transcripts detailing strategy, margins and store/omnichannel plans — useful for longer-term thesis but mixed near-term impact. Analyst Day Slideshow
• Neutral Sentiment: Full Analyst/Investor Day transcript provides management commentary on comps, inventory and margin levers — important detail for investors but not an immediate price catalyst by itself. Analyst Day Transcript
• Neutral Sentiment: Company presented at the J.P. Morgan Retail Round Up Forum — added visibility to institutional investors; content is informative but unlikely to move the stock materially on its own. J.P. Morgan Presentation Transcript
• Negative Sentiment: Barclays raised its PT to $55 but keeps an Equal Weight rating — the PT sits slightly below current market price, signaling limited near-term upside and contributing to selling pressure. Barclays PT Raise
• Negative Sentiment: Wells Fargo nudged its PT to $56 with an Equal Weight rating — another cautious stance that implies the stock is fairly valued versus the recent rally. Wells Fargo PT Raise

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.