Brokerages Set Amer Sports, Inc. (NYSE:AS) Price Target at $47.12

Shares of Amer Sports, Inc. (NYSE:AS) have earned an average rating of “Buy” from the nineteen ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, fifteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $47.1235.

Several analysts recently commented on AS shares. UBS Group reaffirmed a “buy” rating on shares of Amer Sports in a report on Friday, March 13th. Piper Sandler reissued an “overweight” rating on shares of Amer Sports in a report on Friday, February 20th. Truist Financial set a $49.00 price objective on Amer Sports in a report on Wednesday, February 25th. Zacks Research lowered Amer Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Finally, Weiss Ratings raised Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, April 27th.

Insider Activity at Amer Sports

In other Amer Sports news, CEO Stuart Haselden sold 11,438 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $36.26, for a total value of $414,741.88. Following the sale, the chief executive officer directly owned 15,275 shares of the company’s stock, valued at approximately $553,871.50. This trade represents a 42.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Andrew E. Page sold 6,005 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total value of $217,741.30. Following the completion of the sale, the chief financial officer directly owned 11,828 shares in the company, valued at approximately $428,883.28. The trade was a 33.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 27,125 shares of company stock worth $956,673.

Institutional Trading of Amer Sports

Several institutional investors have recently bought and sold shares of AS. Sequoia Financial Advisors LLC acquired a new stake in shares of Amer Sports in the third quarter worth approximately $1,477,000. Aspex Management HK Ltd acquired a new stake in shares of Amer Sports in the third quarter worth approximately $206,244,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Amer Sports in the third quarter worth approximately $2,519,000. Massachusetts Financial Services Co. MA acquired a new stake in shares of Amer Sports in the third quarter worth approximately $45,507,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Amer Sports by 9.3% in the third quarter. JPMorgan Chase & Co. now owns 684,783 shares of the company’s stock worth $23,796,000 after acquiring an additional 58,350 shares during the last quarter. 40.25% of the stock is owned by institutional investors and hedge funds.

Amer Sports Stock Down 2.5%

Amer Sports stock opened at $33.63 on Wednesday. The firm has a market cap of $18.63 billion, a price-to-earnings ratio of 44.84, a price-to-earnings-growth ratio of 1.37 and a beta of 2.16. Amer Sports has a 52 week low of $28.92 and a 52 week high of $42.76. The business’s 50-day moving average price is $34.51 and its 200 day moving average price is $35.78. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.25.

Amer Sports (NYSE:AS) last posted its earnings results on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.27 by $0.04. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.Amer Sports’s revenue for the quarter was up 28.5% compared to the same quarter last year. During the same period last year, the company earned $0.17 earnings per share. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. As a group, sell-side analysts anticipate that Amer Sports will post 1.16 earnings per share for the current year.

About Amer Sports

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).