Stocks · Consumer Cyclical · Specialty Retail
Academy Sports and Outdoors, Inc. ASO
$48.73 +1.84% Close, Oct 2, 2026 · NASDAQ · Market cap $3.02B
Inexpensive vs sector
Next earnings report: Dec 8, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- The diluted share count fell 6.1% in a year, mainly through buybacks.
- Revenue over the last four quarters was $6.19B, up 3.7% from a year earlier.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth50Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 49%
- EPS growth (TTM, YoY)Top 37%
- FCF growth (TTM, YoY)Top 38%
- Revenue growth, 3-year CAGRBottom 31%
- Revenue growth accelerationBottom 47%
Quality57Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 30%
- Gross marginBottom 50%
- Operating marginTop 37%
- Cash conversion (OCF / net income)Bottom 34%
- Accruals (lower is better)Bottom 25%
- Net debt / EBITDA (lower is better)Top 44%
- Interest coverTop 20%
Value93Exceptional
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 6%
- Free-cash-flow yieldTop 22%
- EBITDA / enterprise valueTop 10%
- Sales / enterprise valueTop 29%
- P/E vs own 5-year history (lower is better)Top 48%
Momentum43Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 33%
- 6-month returnBottom 27%
- 1-year return vs S&P 500Top 49%
- Distance from 52-week highTop 39%
- Trend checklist (0–4)Bottom 47%
Revisions34Weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 40%
- Consecutive EPS beatsBottom 48%
- Share of analysts rating BuyBottom 49%
- Upside to consensus price targetBottom 34%
Stability44Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 37%
- Maximum drawdown, 3 yearsTop 49%
- Beta vs S&P 500 (lower is better)Bottom 39%
- Net debt / EBITDA (lower is better)Top 44%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 3.8% | 3.7% | ↓ |
| EPS growth (YoY) | 5.6% | 13.6% | ↑ |
| Gross margin | 34.0% | 35.8% | ↑ |
| Operating margin | 8.2% | 9.6% | ↑ |
| FCF margin | 4.0% | 5.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 3.7% | 3.8% | ↓ | Bottom 49% |
| EPS growth (TTM, YoY) | 13.6% | 5.6% | ↑ | Top 37% |
| Gross margin | 35.8% | 34.0% | ↑ | Bottom 50% |
| Operating margin | 9.6% | 8.2% | ↑ | Top 37% |
| Net margin | 6.4% | 6.2% | ↑ | — |
| Free-cash-flow margin | 5.3% | 4.0% | ↑ | — |
| Return on invested capital | 10.4% | — | Top 30% | |
| Revenue growth, 3-year CAGR | -1.8% | — | Bottom 31% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.38×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +16.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.31×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 16.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.20%
- Net buyback yield (TTM)
- 9.02%
- Shareholder yield
- 10.22%
- Share count change, 1 year
- -6.1%
- Share count change, 3-year CAGR
- -6.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Aug 1, 2026 (filed Sep 9, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +4.5%
- Average 2-day reaction, last 8
- +0.7%
- Positive 20 days after report
- 4 of 7
Analysts
- Consensus price target
- $58.89
- Target vs current price
- +20.8%
- Analysts with a rating
- 22
- Share rating Buy or Strong Buy
- 50%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 9, 2026 | +11.6% | +14.4% | +12.8% | — | — |
| Jun 9, 2026 | +2.0% | -2.5% | -4.7% | -14.0% | -15.6% |
| Mar 17, 2026 | -3.0% | -11.7% | -6.8% | +3.6% | -11.7% |
| Dec 9, 2025 | +7.5% | +8.6% | +12.1% | +16.5% | +23.3% |
| Sep 2, 2025 | -8.5% | -7.6% | -5.8% | -5.3% | -15.7% |
| Jun 10, 2025 | -12.2% | +0.5% | +5.2% | +13.1% | +12.8% |
| Mar 20, 2025 | +7.7% | -0.3% | +3.0% | -23.0% | -8.5% |
| Dec 10, 2024 | -24.6% | +4.3% | +9.1% | +16.8% | +0.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 9, 2026 | $2.31 | $2.07 | +11.6% | $1.65B |
| Jun 9, 2026 | $0.93 | $0.91 | +2.0% | $1.44B |
| Mar 17, 2026 | $1.97 | $2.03 | -3.0% | $1.72B |
| Dec 9, 2025 | $1.14 | $1.06 | +7.5% | $1.38B |
| Sep 2, 2025 | $1.94 | $2.12 | -8.5% | $1.60B |
| Jun 10, 2025 | $0.76 | $0.87 | -12.2% | $1.35B |
| Mar 20, 2025 | $1.96 | $1.82 | +7.7% | $1.68B |
| Dec 10, 2024 | $0.98 | $1.30 | -24.6% | $1.34B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 8.1× | 8.3× | 48th | Top 6% |
| P/E (forward) | 7.3× | — | — | — |
| EV / EBITDA | 6.5× | — | — | Top 10% |
| EV / Sales | 0.76× | — | — | Top 29% |
| Free-cash-flow yield | 10.95% | — | — | Top 22% |
| Earnings yield | 12.31% | — | — | Top 6% |
P/E over the past five years
Range 5.5× – 9.8× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -6.8%
- Earnings per share growth (TTM)
- +13.6%
- Change in P/E multiple
- -9.1%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✓ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 18
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +1.9%
- 200-day average slope (20 days)
- +0.1%
- Distance from 50-day average
- +1.9%
- Distance from 200-day average
- -7.1%
- RSI (14)
- 51.6
- Relative volume
- 0.69×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 47.6%
- Volatility vs own 5-year history
- 69th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.14
- Correlation with S&P 500
- 0.40
- Current drawdown from 1-year high
- -20.4%
- Maximum drawdown, 3 years
- -54.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 1, 2024 | Apr 8, 2025 | -54.6% | 276 days | Not yet recovered |
| Nov 19, 2021 | May 24, 2022 | -44.9% | 127 days | 75 days (Sep 12, 2022) |
| Apr 24, 2023 | Oct 13, 2023 | -36.6% | 120 days | 82 days (Feb 12, 2024) |
| Jun 25, 2021 | Aug 9, 2021 | -19.9% | 30 days | 13 days (Aug 26, 2021) |
| Sep 12, 2022 | Nov 3, 2022 | -17.8% | 38 days | 13 days (Nov 22, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.02B
- P/E (TTM)
- 8.1
- EPS, diluted (TTM)
- $6.00
- Revenue (TTM)
- $6.19B
- Dividend yield
- 1.19%
- 52-week range
- $41.29 – $62.45
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $6.77B | $6.40B | $6.16B | $5.93B | $6.05B |
| Gross profit | $2.35B | $2.21B | $2.11B | $2.01B | $2.11B |
| Operating income | $907.9M | $846.5M | $677.9M | $538.6M | $512.2M |
| Net income | $671.4M | $628.0M | $519.2M | $418.4M | $376.8M |
| EPS (diluted) | $7.12 | $7.49 | $6.70 | $5.73 | $5.54 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.34B | $1.68B | $1.35B | $1.60B | $1.38B | $1.72B | $1.44B | $1.65B |
| Net income | $65.8M | $133.6M | $46.1M | $125.4M | $71.6M | $133.7M | $52.7M | $137.9M |
| EPS (diluted) | $0.92 | $1.83 | $0.68 | $1.85 | $1.05 | $1.98 | $0.80 | $2.17 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $673.3M | $552.0M | $535.8M | $528.1M | $434.8M |
| Capital expenditure | -$76.0M | -$108.8M | -$208.3M | -$199.6M | -$212.7M |
| Free cash flow | $597.2M | $443.2M | $327.5M | $328.5M | $222.1M |
| Dividends paid | $0 | -$24.6M | -$27.2M | -$31.5M | -$34.7M |
| Net share buybacks | -$411.4M | -$489.5M | -$202.8M | -$364.9M | -$189.4M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $298.2M
- Total assets
- $5.51B
- Total liabilities
- $3.33B
- Total debt
- $1.97B
- Net debt
- $1.67B
- Shareholders’ equity
- $2.18B
As of Aug 1, 2026 (filed Sep 9, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 16, 2026 | $0.15 | Oct 14, 2026 |
| Jun 18, 2026 | $0.15 | Jul 16, 2026 |
| Mar 20, 2026 | $0.15 | Apr 10, 2026 |
| Dec 18, 2025 | $0.13 | Jan 15, 2026 |
| Sep 11, 2025 | $0.13 | Oct 9, 2025 |
| Jun 18, 2025 | $0.13 | Jul 17, 2025 |
| Mar 25, 2025 | $0.13 | Apr 17, 2025 |
| Dec 18, 2024 | $0.11 | Jan 15, 2025 |
Short interest
- Shares sold short
- 8,197,155
- Days to cover
- 3.13
- Change vs previous report
- -13.2%
FINRA short interest, settlement date Sep 15, 2026.