Amer Sports Inc. (AS) concluded trading on Wednesday at a closing price of $17.62, with 3.46 million shares of worth about $60.89 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.04% during that period and on October 30, 2024 the price saw a loss of about -3.29%. Currently the company’s common shares owned by public are about 505.25M shares, out of which, 68.22M shares are available for trading.
Stock saw a price change of 0.00% in past 5 days and over the past one month there was a price change of 7.18%. Over the period of past 52 weeks, stock dropped to lowest price of $10.11 but also hit the highest price of $19.73 during that period. The average intraday trading volume for Amer Sports Inc. shares is 1.74 million. The stock is currently trading -3.64% below its 20-day simple moving average (SMA20), while that difference is up 9.53% for SMA50 and it goes to 20.46% higher than SMA200.
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Amer Sports Inc. (NYSE: AS) currently have 505.25M outstanding shares and institutions hold larger chunk of about 8.93% of that.
The stock has a current market capitalization of $8.90B. It has posted earnings per share of -$0.26 in the same period. It has Quick Ratio of 0.81 while making debt-to-equity ratio of 0.62. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AS, volatility over the week remained 3.56% while standing at 4.35% over the month.
Analysts are in expectations that Amer Sports Inc. (AS) stock would likely to be making an EPS of 0.1 in the current quarter, while forecast for next quarter EPS is 0.2 and it is 0.69 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.08 which is 0.12 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 226.20% while it is estimated to increase by 55.69% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on October 14, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $17 and $19 to it. On February 26, 2024, Wells Fargo Initiated their recommendations, while on February 26, 2024, UBS Initiated their ratings for the stock with a price target of $23. Stock get an Outperform rating from TD Cowen on February 26, 2024.
