Amer Sports Inc (AS): Street Finally Waking Up

Currently, there are 546.36M common shares owned by the public and among those 106.55M shares have been available to trade.

The company’s stock has a 5-day price change of -7.66% and 37.55% over the past three months. AS shares are trading 3.11% year to date (YTD), with the 12-month market performance up to 91.94% higher. It has a 12-month low price of $10.11 and touched a high of $34.00 over the same period. AS has an average intraday trading volume of 3.05 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.64%, -3.18%, and 49.45% respectively.

Institutional ownership of Amer Sports Inc (NYSE: AS) shares accounts for 17.54% of the company’s 546.36M shares outstanding.

It has a market capitalization of $15.75B and a beta (3y monthly) value of 2.89. The stock’s trailing 12-month PE ratio is 201.05, while the earnings-per-share (ttm) stands at $0.14. The company has a PEG of 5.74 and a Quick Ratio of 0.76 with the debt-to-equity ratio at 0.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.40% over the week and 4.73% over the month.

Analysts forecast that Amer Sports Inc (AS) will achieve an EPS of 0.16 for the current quarter, 0.01 for the next quarter and 0.95 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.15 while analysts give the company a high EPS estimate of 0.15. Comparatively, EPS for the current quarter was 0.08 a year ago. Earnings per share for the fiscal year are expected to increase by 46.46%, and 36.14% over the next financial year.

Looking at the support for the AS, a number of firms have released research notes about the stock. Bernstein stated their Outperform rating for the stock in a research note on February 13, 2025, with the firm’s price target at $38. HSBC Securities coverage for the Amer Sports Inc (AS) stock in a research note released on December 16, 2024 offered a Hold rating with a price target of $30. Wells Fargo on their part issued Overweight rating on February 26, 2024.

Most Popular

Related Posts