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 -7.57% and 7.43% over the past three months. AS shares are trading -4.33% year to date (YTD), with the 12-month market performance up to 77.62% 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 3.09 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 -8.26%, -10.59%, and 34.07% 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 $14.82B and a beta (3y monthly) value of 2.84. The stock’s trailing 12-month PE ratio is 187.19, while the earnings-per-share (ttm) stands at $0.14. The company has a PEG of 5.29 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 6.12% over the week and 5.64% over the month.
Earnings per share for the fiscal year are expected to increase by 46.89%, and 36.46% over the next financial year.
Looking at the support for the AS, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on March 03, 2025, with the firm’s price target at $34-$40. Bernstein coverage for the Amer Sports Inc (AS) stock in a research note released on February 13, 2025 offered a Outperform rating with a price target of $38. HSBC Securities was of a view on December 16, 2024 that the stock is Hold, while Wells Fargo gave the stock Equal Weight rating on October 14, 2024, issuing a price target of $17- $19. Bernstein on their part issued Mkt Perform rating on April 08, 2024.
