Amer Sports, Inc. (NYSE:AS) Receives $43.39 Average Price Target from Brokerages

Amer Sports, Inc. (NYSE:AS) has earned an average recommendation of “Moderate Buy” from the twenty research firms that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, fifteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $43.3938.

Several equities analysts have recently issued reports on AS shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Amer Sports in a report on Wednesday, October 8th. UBS Group raised their target price on Amer Sports from $50.00 to $52.00 and gave the stock a “buy” rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. boosted their price target on Amer Sports from $46.00 to $53.00 and gave the company an “overweight” rating in a report on Friday, September 19th. Wall Street Zen lowered Amer Sports from a “buy” rating to a “hold” rating in a research report on Sunday, October 26th. Finally, Zacks Research raised shares of Amer Sports from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Quarry LP purchased a new stake in shares of Amer Sports during the 1st quarter worth about $34,000. SBI Securities Co. Ltd. raised its holdings in Amer Sports by 146.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 897 shares of the company’s stock worth $35,000 after purchasing an additional 533 shares during the period. Financial Consulate Inc. acquired a new position in Amer Sports in the 3rd quarter worth about $40,000. PNC Financial Services Group Inc. boosted its position in Amer Sports by 241.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock worth $42,000 after purchasing an additional 848 shares in the last quarter. Finally, Pacer Advisors Inc. acquired a new stake in Amer Sports in the third quarter valued at approximately $44,000. Institutional investors and hedge funds own 40.25% of the company’s stock.

Amer Sports Stock Up 0.1%

Shares of AS stock opened at $30.45 on Wednesday. The stock’s fifty day moving average price is $33.21 and its 200 day moving average price is $35.24. Amer Sports has a 1-year low of $18.56 and a 1-year high of $42.36. The company has a market cap of $16.87 billion, a price-to-earnings ratio of 74.28, a price-to-earnings-growth ratio of 0.97 and a beta of 2.97. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.60 and a quick ratio of 0.61.

Amer Sports (NYSE:AS) last issued its quarterly earnings results on Tuesday, August 19th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.18 billion. Amer Sports had a return on equity of 6.87% and a net margin of 3.93%.The company’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.05 earnings per share. Amer Sports has set its FY 2025 guidance at 0.770-0.820 EPS. Q3 2025 guidance at 0.200-0.220 EPS. On average, research analysts expect that Amer Sports will post 0.46 earnings per share for the current fiscal year.

Amer Sports Company Profile

Amer Sports, Inc designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.