Academy Sports and Outdoors - ASO Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Academy Sports and Outdoors in the last year. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ASO shares.
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13 Wall Street research analysts have issued 1 year price targets for Academy Sports and Outdoors' shares. Their ASO share price forecasts range from $49.00 to $72.00. On average, they predict the company's share price to reach $54.69 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price.
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Academy Sports and Outdoors' stock was trading at $43.90 at the beginning of the year. Since then, ASO stock has increased by 8.9% and is now trading at $47.81.
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Academy Sports and Outdoors, Inc. (NASDAQ:ASO) posted its quarterly earnings results on Wednesday, September, 7th. The company reported $2.30 EPS for the quarter, topping the consensus estimate of $2.10 by $0.20. The company had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.70 billion. Academy Sports and Outdoors had a net margin of 9.66% and a trailing twelve-month return on equity of 47.24%. The firm's revenue for the quarter was down 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.34 EPS.

Academy Sports and Outdoors declared a quarterly dividend on Thursday, September 1st. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.075 per share on Thursday, October 13th. This represents a $0.30 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend is Wednesday, September 14th.
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Academy Sports and Outdoors (NASDAQ:ASO) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.72%. The dividend payout ratio is 4.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASO will have a dividend payout ratio of 3.99% next year. This indicates that the company will be able to sustain or increase its dividend.
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Academy Sports and Outdoors issued an update on its FY 2022 earnings guidance on Thursday, September, 8th. The company provided EPS guidance of $6.75-$7.50 for the period, compared to the consensus estimate of $6.95. The company issued revenue guidance of $6.43 billion-$6.63 billion, compared to the consensus revenue estimate of $6.59 billion.

(ASO) raised $250 million in an initial public offering (IPO) on Friday, October 2nd 2020. The company issued 15,600,000 shares at $15.00-$17.00 per share. Credit Suisse, JPMorgan, KKR, BofA Securities, Evercore ISI, Guggenheim Partners, UBS Investment Bank and Wells Fargo Securities acted as the underwriters for the IPO and Stephens, Inc., Capital One Securities, Loop Capital Markets, CastleOak Securities, L.P., Blaylock Van, LLC, Cabrera Capital Markets, Ramirez & Co., Inc. and R. Seelaus & Co., LLC were co-managers.

Academy Sports and Outdoors trades on the NASDAQ under the ticker symbol "ASO."

Academy Sports and Outdoors' stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (15.00%), State Street Corp (3.49%), Goldman Sachs Group Inc. (2.19%), Renaissance Technologies LLC (1.59%), King Luther Capital Management Corp (1.01%) and Northern Trust Corp (1.00%). Insiders that own company stock include 2006 Allstar Blocker LP Kkr, Beryl Raff, Brian T Marley, Heather A Davis, Heather A Davis, Ken C Hicks, Kenneth D Attaway, Kkr Group Partnership LP, Michael P Mullican, Rene G Casares, Samuel J Johnson, Samuel J Johnson, Steven Paul Lawrence, Todd Crockett, William S Ennis and William S Simon.
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Shares of ASO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ASO stock can currently be purchased for approximately $47.81.

Academy Sports and Outdoors (NASDAQ:ASO) has a market capitalization of $4.07 billion and generates $6.77 billion in revenue each year. The company earns $671.38 million in net income (profit) each year or $6.97 on an earnings per share basis.

The company employs 22,000 workers across the globe.

The official website for the company is www.academy.com. The company can be reached via phone at 281-646-5200 or via email at investors@academy.com.