Wedbush Issues Negative Estimate for ASO Earnings

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) – Equities research analysts at Wedbush cut their Q4 2025 earnings per share (EPS) estimates for Academy Sports and Outdoors in a note issued to investors on Wednesday, December 11th. Wedbush analyst S. Basham now anticipates that the company will earn $1.81 per share for the quarter, down from their previous estimate of $1.89. Wedbush currently has a “Outperform” rating and a $65.00 price objective on the stock. The consensus estimate for Academy Sports and Outdoors’ current full-year earnings is $5.92 per share. Wedbush also issued estimates for Academy Sports and Outdoors’ Q1 2026 earnings at $1.09 EPS, Q2 2026 earnings at $2.12 EPS and Q4 2026 earnings at $2.05 EPS.

ASO has been the topic of a number of other research reports. Robert W. Baird dropped their price objective on Academy Sports and Outdoors from $68.00 to $65.00 and set an “outperform” rating on the stock in a report on Wednesday. Morgan Stanley reaffirmed an “equal weight” rating and issued a $60.00 price objective on shares of Academy Sports and Outdoors in a research note on Wednesday, September 11th. Evercore ISI downgraded shares of Academy Sports and Outdoors from an “outperform” rating to an “in-line” rating and lowered their target price for the stock from $65.00 to $60.00 in a research report on Thursday, October 3rd. Jefferies Financial Group reduced their price target on Academy Sports and Outdoors from $68.00 to $64.00 and set a “buy” rating for the company in a research report on Wednesday, September 11th. Finally, Truist Financial increased their price objective on Academy Sports and Outdoors from $50.00 to $51.00 and gave the company a “hold” rating in a report on Wednesday. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $61.07.

Academy Sports and Outdoors Stock Up 1.9 %

ASO stock opened at $54.31 on Friday. The company has a 50 day moving average of $51.41 and a two-hundred day moving average of $53.48. The company has a market cap of $3.77 billion, a price-to-earnings ratio of 8.92, a PEG ratio of 1.06 and a beta of 1.31. Academy Sports and Outdoors has a 12-month low of $44.73 and a 12-month high of $75.73. The company has a quick ratio of 0.41, a current ratio of 1.57 and a debt-to-equity ratio of 0.25.

Academy Sports and Outdoors (NASDAQ:ASO) last released its earnings results on Tuesday, December 10th. The company reported $0.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.30). Academy Sports and Outdoors had a net margin of 7.49% and a return on equity of 23.32%. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the previous year, the company earned $1.38 EPS. Academy Sports and Outdoors’s revenue for the quarter was down 3.9% on a year-over-year basis.

Academy Sports and Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, December 18th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Wednesday, December 18th. Academy Sports and Outdoors’s dividend payout ratio is 7.22%.

Insiders Place Their Bets

In other news, Director Jeffrey C. Tweedy sold 1,200 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $62.00, for a total value of $74,400.00. Following the sale, the director now owns 8,906 shares in the company, valued at approximately $552,172. The trade was a 11.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.19% of the company’s stock.

Hedge Funds Weigh In On Academy Sports and Outdoors

Institutional investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. increased its holdings in Academy Sports and Outdoors by 0.6% during the 3rd quarter. Franklin Resources Inc. now owns 95,822 shares of the company’s stock valued at $5,139,000 after purchasing an additional 576 shares in the last quarter. Wilmington Savings Fund Society FSB raised its stake in shares of Academy Sports and Outdoors by 94.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 8,300 shares of the company’s stock worth $484,000 after acquiring an additional 4,038 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Academy Sports and Outdoors during the third quarter worth approximately $306,000. TD Private Client Wealth LLC acquired a new position in shares of Academy Sports and Outdoors during the third quarter worth approximately $40,000. Finally, Geode Capital Management LLC increased its holdings in shares of Academy Sports and Outdoors by 2.6% in the third quarter. Geode Capital Management LLC now owns 2,023,192 shares of the company’s stock valued at $118,092,000 after purchasing an additional 50,715 shares in the last quarter.

About Academy Sports and Outdoors

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.