Loading...
ASO logo

Academy Sports and Outdoors, Inc.NasdaqGS:ASO Stock Report

Market Cap US$3.2b
Share Price
US$51.01
US$61.42
17.0% undervalued intrinsic discount
1Y17.1%
7D-1.4%
1D
Portfolio Value
View

Academy Sports and Outdoors, Inc.

NasdaqGS:ASO Stock Report

Market Cap: US$3.2b

Academy Sports and Outdoors (ASO) Stock Overview

Through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. More details

ASO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance1/6
Financial Health5/6
Dividends2/6

ASO Community Fair Values

Create Narrative

See what 34 others think this stock is worth. Follow their fair value or set your own to get alerts.

Academy Sports and Outdoors, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Academy Sports and Outdoors
Historical stock prices
Current Share PriceUS$51.01
52 Week HighUS$62.45
52 Week LowUS$41.29
Beta1.03
1 Month Change2.08%
3 Month Change-9.46%
1 Year Change17.13%
3 Year Change5.00%
5 Year Change32.73%
Change since IPO292.69%

Recent News & Updates

Seeking Alpha Jun 07

Academy Sports: A 16-Week Momentum Reversal Changes The Thesis (Earnings Preview)

Summary Academy Sports and Outdoors 16‑week momentum reversal and improving comps signal a shift from decline to recovery, setting up a potential narrative reset as Q1 FY26 approaches. Margin expansion toward 34.5–35% and renewed sales strength—supported by loyalty, online growth, and the Jordan launch—strengthen the case for a durable turnaround. With FY26 EPS near $6.29 and a forward P/E of 8.3, ASO trades at a steep discount to DKS; guidance upside and margin confirmation could drive meaningful re‑rating. Read the full article on Seeking Alpha
Narrative Update Jun 04

ASO: Store Expansion And 2026 Comp Recovery Expected To Shape Returns

Analysts have nudged the fair value estimate for Academy Sports and Outdoors up from $49.00 to $50.00, reflecting updated views on store expansion potential, demand trends across income groups, and recent shifts in Street price targets. Analyst Commentary Street research on Academy Sports and Outdoors has been active, with a mix of supportive and cautious updates.

Recent updates

Seeking Alpha Jun 07

Academy Sports: A 16-Week Momentum Reversal Changes The Thesis (Earnings Preview)

Summary Academy Sports and Outdoors 16‑week momentum reversal and improving comps signal a shift from decline to recovery, setting up a potential narrative reset as Q1 FY26 approaches. Margin expansion toward 34.5–35% and renewed sales strength—supported by loyalty, online growth, and the Jordan launch—strengthen the case for a durable turnaround. With FY26 EPS near $6.29 and a forward P/E of 8.3, ASO trades at a steep discount to DKS; guidance upside and margin confirmation could drive meaningful re‑rating. Read the full article on Seeking Alpha
Narrative Update Jun 04

ASO: Store Expansion And 2026 Comp Recovery Expected To Shape Returns

Analysts have nudged the fair value estimate for Academy Sports and Outdoors up from $49.00 to $50.00, reflecting updated views on store expansion potential, demand trends across income groups, and recent shifts in Street price targets. Analyst Commentary Street research on Academy Sports and Outdoors has been active, with a mix of supportive and cautious updates.
Narrative Update May 14

ASO: Store Expansion And Buybacks Will Shape Bullish Long Term Outlook

The analyst fair value estimate for Academy Sports and Outdoors has moved modestly higher to $61.42 from $60.28, as analysts point to continued store expansion plans, supportive demographic trends, and recent upward revisions to several Street price targets, despite some mixed target changes across firms. Analyst Commentary Recent Street research on Academy Sports and Outdoors reflects a mix of optimism and caution, with several firms adjusting price targets in both directions while generally focusing on store growth, customer mix, and valuation.
Narrative Update Apr 22

ASO: Future Store Openings And Household Demand Trends Will Shape Balanced Outlook

Analysts have nudged the fair value estimate for Academy Sports and Outdoors higher by about $0.33 to roughly $60.28. This reflects a mix of updated assumptions on discount rates, margins, and future P/E multiples informed by recent shifts in Street price targets across major firms.
Narrative Update Apr 07

ASO: Delayed Comparable Sales Recovery Into 2026 May Limit Upside Potential

Analysts now see a modestly lower overall price target range for Academy Sports and Outdoors, with several firms trimming targets by $4 to $10 and others lifting them by $2 to $6. This reflects mixed views on demand across income brackets and the timing of a potential recovery in comparable sales into 2026.
Narrative Update Mar 23

ASO: Mixed Execution And Income Tier Risks May Temper Store Expansion Benefits

Analysts have reduced the fair value estimate for Academy Sports and Outdoors by $1 to $49. This change reflects updated views on revenue growth, profit margins, discount rates, and future P/E multiples after a mix of recent price target increases and reductions across the Street.
Narrative Update Mar 07

ASO: Expanding Store Count And Tighter Margins Will Ultimately Reveal Overvaluation

Narrative Update Analysts have raised their consolidated price target for Academy Sports and Outdoors to $60, an increase of $5, citing updated assumptions around revenue growth, margins, and a modestly lower discount rate, along with slightly adjusted forward P/E expectations. Analyst Commentary Recent Street research around Academy Sports and Outdoors has centred on updated price targets tied to refreshed assumptions on revenue, margins, and valuation multiples.
Narrative Update Feb 20

ASO: Future Store Openings And P/E Expectations Will Shape Balanced Outlook

Narrative Update: Analyst Price Target Change for Academy Sports and Outdoors The updated analyst price target for Academy Sports and Outdoors reflects a modest adjustment of roughly $0.20. Analysts point to recent target increases from firms like Morgan Stanley and Truist as support for their refined assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E.
Narrative Update Feb 06

ASO: Expansion Plans And P/E Expectations Will Shape Fairly Balanced Outlook

Analysts have raised their price expectations for Academy Sports and Outdoors by about $1.07 per share, citing slightly higher fair value estimates, a somewhat lower discount rate, stable profit margins and a higher assumed future P/E multiple, supported by recent price target increases from major firms. Analyst Commentary Recent Street research on Academy Sports and Outdoors points to a modestly higher view of fair value, supported by updated price targets and refined assumptions on margins, discount rates and future P/E levels.
Narrative Update Jan 23

ASO: Ongoing Expansion And Cautious Assumptions Will Eventually Expose Overvaluation Risk

Narrative Update Analysts have raised their price targets on Academy Sports and Outdoors by a combined $5, citing updated views on discount rates, revenue growth, profit margins and future P/E assumptions that they state support the current fair value of $50.00. Analyst Commentary Recent research updates point to a more careful tone around Academy Sports and Outdoors, even as some price targets move higher on paper.
Narrative Update Jan 09

ASO: Ongoing Store Expansion Will Eventually Expose Overvaluation Risk

Analysts have maintained their fair value target for Academy Sports and Outdoors at $50.00, noting only minor adjustments to assumptions around discount rate, revenue growth, profit margin and future P/E that do not materially change their overall view. What's in the News Revised fiscal 2025 guidance now calls for net sales between US$6,025m and US$6,200m, GAAP net income between US$365m and US$400m, and diluted GAAP EPS between US$5.35 and US$5.85, compared with prior ranges of US$6,000m to US$6,265m in net sales, US$360m to US$410m in GAAP net income, and US$5.30 to US$6.00 in diluted GAAP EPS (Corporate guidance).
Narrative Update Dec 25

ASO: Regional Expansion And Private Labels Will Balance Competition And Macro Risks

Analysts have raised their fair value estimate for Academy Sports and Outdoors from $43.00 to $50.00 per share, citing the company’s potential to grow from a regional to a national presence, its higher-margin private label mix, and a favorable long-term industry backdrop, while still accounting for competitive and macro risks. Analyst Commentary Recent Street research reflects a more balanced stance on Academy Sports and Outdoors, with cautious voices highlighting that the current valuation already embeds much of the anticipated regional to national expansion and margin upside.
Analysis Article Dec 12

Further Upside For Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Shares Could Introduce Price Risks After 28% Bounce

Academy Sports and Outdoors, Inc. ( NASDAQ:ASO ) shareholders would be excited to see that the share price has had a...
Narrative Update Dec 11

ASO: Expansion Plans And Private Label Strategy Will Navigate Competitive Headwinds

Analysts have modestly raised their price target on Academy Sports and Outdoors, lifting fair value by about $1.60 to roughly $59.10 as they balance the company’s long term expansion potential and margin accretive private label strategy against intensifying competition and macroeconomic risks. Analyst Commentary Bullish analysts view the current valuation as a reasonable entry point relative to Academy Sports and Outdoors long term growth algorithm, with the new target price implying moderate upside as the company executes on its expansion and merchandising strategies.
Analysis Article Oct 28

Is There An Opportunity With Academy Sports and Outdoors, Inc.'s (NASDAQ:ASO) 28% Undervaluation?

Key Insights The projected fair value for Academy Sports and Outdoors is US$68.65 based on 2 Stage Free Cash Flow to...
Narrative Update Sep 04

E-commerce Acceleration And Suburban Store Expansion Will Spark Retail Transformation

Academy Sports and Outdoors benefited from improved same-store sales, a broadened product assortment, and effective tariff management, while ongoing caution about H2 earnings kept the consensus analyst price target unchanged at $57.50. Analyst Commentary Positive same-store sales comps achieved for the first time since 2021, signaling improved operational execution.
Analysis Article Jul 23

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Soars 28% But It's A Story Of Risk Vs Reward

Academy Sports and Outdoors, Inc. ( NASDAQ:ASO ) shares have continued their recent momentum with a 28% gain in the...
Analysis Article Jun 23

Academy Sports and Outdoors (NASDAQ:ASO) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 13

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Shares Fly 27% But Investors Aren't Buying For Growth

Academy Sports and Outdoors, Inc. ( NASDAQ:ASO ) shareholders are no doubt pleased to see that the share price has...
Analysis Article May 03

Academy Sports and Outdoors (NASDAQ:ASO) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Apr 10

When Should You Buy Academy Sports and Outdoors, Inc. (NASDAQ:ASO)?

While Academy Sports and Outdoors, Inc. ( NASDAQ:ASO ) might not have the largest market cap around , it saw a decent...
Seeking Alpha Mar 26

Academy Sports And Outdoors: FY25 Outlook Is Full Of Uncertainty (Rating Downgrade)

Summary I am downgrading Academy Sports and Outdoors (ASO) to a hold rating due to a weakened macro backdrop and potential margin pressure. ASO's 4Q24 results showed concerning signs: gross margin declined 110 bps, and EBIT margin dropped to 9.6%, despite a decrease in SG&A dollars. Consumer spending has slowed, impacting ASO's discretionary product sales, and management's aggressive store expansion could further pressure margins. Despite positives like the Jordan launch and private label momentum, I recommend holding until there's more clarity on margin performance and SSSG. Read the full article on Seeking Alpha
Analysis Article Mar 13

Academy Sports and Outdoors (NASDAQ:ASO) Has Announced That It Will Be Increasing Its Dividend To $0.13

Academy Sports and Outdoors, Inc. ( NASDAQ:ASO ) has announced that it will be increasing its periodic dividend on the...
Analysis Article Mar 04

Academy Sports and Outdoors, Inc.'s (NASDAQ:ASO) Share Price Is Matching Sentiment Around Its Earnings

Academy Sports and Outdoors, Inc.'s ( NASDAQ:ASO ) price-to-earnings (or "P/E") ratio of 7.4x might make it look like a...
Seeking Alpha Jan 28

Academy Sports and Outdoors: A Value Play Ready To Regain Momentum

Summary Academy Sports and Outdoors is expanding aggressively, planning to open 160-180 new stores over five years, leveraging favorable demographics in high-growth markets. Despite 11 quarters of negative same-store sales, ASO has consistently generated positive free cash flow, highlighting operational efficiency. TTM FCF yield is 11%. For fiscal year 2025, I expect ASO to deliver same-store sales growth in the low-single digits. This coupled with new store openings should push the overall sales growth to mid-single digits. ASO's valuation is compelling, trading at a significant discount (7.7x 2026 P/E) compared to its closest peer, Dick’s Sporting Goods (15.7x). I rate ASO as a Buy with a target price of $85, driven by robust growth prospects, superior store economics, and a strong value proposition. Read the full article on Seeking Alpha
Analysis Article Jan 27

Are Investors Undervaluing Academy Sports and Outdoors, Inc. (NASDAQ:ASO) By 34%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Academy Sports and Outdoors fair value estimate is US$85.32...
Seeking Alpha Jan 21

Academy Sports and Outdoors: An Undervalued Small Cap With A Moat

Summary Academy Sports and Outdoors is a small-cap retailer with a wide economic moat and excellent value offering to customers. The company operates 290 stores across 18 states, offering a broad range of sports and outdoor products which outpaces the comparative offerings of rivals. Despite a tough Q3, Academy maintains strong financials with impressive margins, robust cash flow, and a conservative balance sheet. Key risks include cyclical demand and competition, but Academy's efficient operations and growth strategy position it well for long-term success. Shares are undervalued by up to 53%: Strong Buy initiated. Read the full article on Seeking Alpha
Analysis Article Jan 09

Academy Sports and Outdoors (NASDAQ:ASO) Is Looking To Continue Growing Its Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Dec 22

Academy Sports and Outdoors (NASDAQ:ASO) Takes On Some Risk With Its Use Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Dec 13

Academy Sports and Outdoors: Rating Upgrade On Positive SSSG Outlook

Summary I upgraded my rating for Academy Sports and Outdoors from hold to buy, citing improving same-store sales growth and a major growth driver in FY25. Despite weak recent quarterly performance, I believe ASO's SSSG is showing an improving trend. The current valuation of ASO appears attractive, and I estimated a potential upside of 13%. Read the full article on Seeking Alpha
Analysis Article Dec 04

At US$49.96, Is Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Worth Looking At Closely?

Academy Sports and Outdoors, Inc. ( NASDAQ:ASO ), might not be a large cap stock, but it saw a decent share price...
Analysis Article Nov 16

Academy Sports and Outdoors, Inc.'s (NASDAQ:ASO) Share Price Is Matching Sentiment Around Its Earnings

Academy Sports and Outdoors, Inc.'s ( NASDAQ:ASO ) price-to-earnings (or "P/E") ratio of 6.9x might make it look like a...
Seeking Alpha Oct 15

Academy Sports And Outdoors: Aggressive Expansion Strategy As A Revenue Driver

Summary Academy Sports and Outdoors' aggressive expansion plan and omnichannel development could drive significant growth, potentially making the company undervalued by 31%. The company's long-term strategy includes opening 160-180 new stores by 2027, enhancing omnichannel capabilities, and optimizing existing store productivity. Despite recent sales challenges, Academy's strong fundamentals and financial position support the feasibility of its growth plan, targeting $10 billion in revenue. The company's focus on value-based differentiation and customer loyalty programs positions it well to capture market share and drive sustainable growth. Read the full article on Seeking Alpha
Analysis Article Oct 11

Are Investors Undervaluing Academy Sports and Outdoors, Inc. (NASDAQ:ASO) By 36%?

Key Insights Academy Sports and Outdoors' estimated fair value is US$82.43 based on 2 Stage Free Cash Flow to Equity...
User avatar
New Narrative Sep 24

Loyalty Programs And Digital Expansion Set To Spark Remarkable Sales Surge

Launch of the myAcademy Rewards loyalty program and store expansions, including Ohio, aim at driving sales through enhanced customer retention and market penetration.
Analysis Article Sep 23

These 4 Measures Indicate That Academy Sports and Outdoors (NASDAQ:ASO) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

ASOUS Specialty RetailUS Market
7D-1.4%4.6%0.8%
1Y17.1%8.9%24.2%

Return vs Industry: ASO exceeded the US Specialty Retail industry which returned 6.4% over the past year.

Return vs Market: ASO underperformed the US Market which returned 21.5% over the past year.

Price Volatility

Is ASO's price volatile compared to industry and market?
ASO volatility
ASO Average Weekly Movement6.1%
Specialty Retail Industry Average Movement7.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: ASO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ASO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193822,000Steve Lawrencewww.academy.com

Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company’s outdoors division comprises camping products, such as coolers and drinkware, camping accessories and equipment, and watersports 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. Its sports and recreation division offers fitness equipment, fitness accessories, and nutrition supplies; team and specialty sports equipment, including baseball, football, basketball, soccer, golf, racket sports, volleyball, backpacks, and sports bags; recreation products, which includes patio furniture, outdoor cooking, trampolines, and play sets, as well as wheeled goods that include bicycles, skateboards, and other ride-on toys; and electronics, watches, and sunglasses, as well as front-end products, such as consumables, batteries, etc. The company’s apparel division provides outdoor and seasonal apparel, denim, work apparel, graphic t-shirts, accessories, and outerwear; boys and girls outdoor, and athletic apparel and swimwear; sporting and fitness apparel; and professional and collegiate team licensed apparel and accessories.

Academy Sports and Outdoors, Inc. Fundamentals Summary

How do Academy Sports and Outdoors's earnings and revenue compare to its market cap?
ASO fundamental statistics
Market capUS$3.25b
Earnings (TTM)US$383.39m
Revenue (TTM)US$6.14b
8.3x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASO income statement (TTM)
RevenueUS$6.14b
Cost of RevenueUS$4.02b
Gross ProfitUS$2.13b
Other ExpensesUS$1.74b
EarningsUS$383.39m

Last Reported Earnings

May 02, 2026

Next Earnings Date

n/a

Earnings per share (EPS)6.18
Gross Margin34.60%
Net Profit Margin6.24%
Debt/Equity Ratio22.8%

How did ASO perform over the long term?

See historical performance and comparison

Dividends

1.2%
Current Dividend Yield
10%
Payout Ratio

Does ASO pay a reliable dividends?

See ASO dividend history and benchmarks
When do you need to buy ASO by to receive an upcoming dividend?
Academy Sports and Outdoors dividend dates
Ex Dividend DateJun 18 2026
Dividend Pay DateJul 16 2026
Days until Ex dividend4 days
Days until Dividend pay date32 days

Does ASO pay a reliable dividends?

See ASO dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 11:39
End of Day Share Price 2026/06/12 00:00
Earnings2026/05/02
Annual Earnings2026/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Academy Sports and Outdoors, Inc. is covered by 22 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adrienne Yih-TennantBarclays
Lorraine Corrine HutchinsonBofA Global Research
Anna GlaessgenB. Riley Securities, Inc.