Wedbush Equities Analysts Lower Earnings Estimates for ASO

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) – Equities research analysts at Wedbush cut their Q4 2025 earnings per share estimates for shares of Academy Sports and Outdoors in a research note issued on Wednesday, December 11th. Wedbush analyst S. Basham now forecasts that the company will post earnings per share of $1.81 for the quarter, down from their prior forecast of $1.89. Wedbush currently has a “Outperform” rating and a $65.00 target price 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.

Several other research firms also recently issued reports on ASO. Morgan Stanley reaffirmed an “equal weight” rating and set a $60.00 price objective on shares of Academy Sports and Outdoors in a report on Wednesday, September 11th. TD Cowen raised their price target on shares of Academy Sports and Outdoors from $54.00 to $56.00 and gave the company a “hold” rating in a research note on Wednesday, September 11th. Robert W. Baird cut their price objective on Academy Sports and Outdoors from $68.00 to $65.00 and set an “outperform” rating for the company in a research note on Wednesday. Truist Financial raised their target price on Academy Sports and Outdoors from $50.00 to $51.00 and gave the company a “hold” rating in a research report on Wednesday. Finally, Loop Capital reiterated a “buy” rating and set a $77.00 price target on shares of Academy Sports and Outdoors in a research report on Wednesday, September 11th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $61.07.

Academy Sports and Outdoors Price Performance

Academy Sports and Outdoors stock opened at $54.31 on Friday. The stock has a market capitalization of $3.77 billion, a P/E ratio of 8.92, a P/E/G ratio of 1.06 and a beta of 1.31. The company’s fifty day moving average price is $51.41 and its 200 day moving average price is $53.46. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.41 and a current ratio of 1.57. Academy Sports and Outdoors has a 1 year low of $44.73 and a 1 year high of $75.73.

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

Institutional Investors Weigh In On Academy Sports and Outdoors

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cetera Advisors LLC purchased a new stake in shares of Academy Sports and Outdoors in the 1st quarter valued at approximately $262,000. CWM LLC lifted its stake in Academy Sports and Outdoors by 36.9% during the second quarter. CWM LLC now owns 4,284 shares of the company’s stock worth $228,000 after purchasing an additional 1,155 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Academy Sports and Outdoors by 253.1% during the second quarter. SG Americas Securities LLC now owns 14,757 shares of the company’s stock worth $786,000 after buying an additional 10,578 shares during the period. Great Valley Advisor Group Inc. grew its stake in shares of Academy Sports and Outdoors by 3.6% in the second quarter. Great Valley Advisor Group Inc. now owns 7,673 shares of the company’s stock valued at $409,000 after buying an additional 269 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Academy Sports and Outdoors by 94.7% in the 2nd quarter. Blue Trust Inc. now owns 2,149 shares of the company’s stock valued at $114,000 after buying an additional 1,045 shares during the period.

Insider Transactions at Academy Sports and Outdoors

In related news, Director Jeffrey C. Tweedy sold 1,200 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $62.00, for a total value of $74,400.00. Following the transaction, the director now directly owns 8,906 shares in the company, valued at approximately $552,172. This represents a 11.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.19% of the company’s stock.

Academy Sports and Outdoors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders 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 (DPR) is presently 7.22%.

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.