Amer Sports (NYSE:AS) Issues Quarterly Earnings Results

Amer Sports (NYSE:AS) issued its earnings results on Tuesday. The company reported $0.17 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.17, Zacks reports. Amer Sports had a negative net margin of 0.74% and a positive return on equity of 3.15%. Amer Sports updated its FY 2025 guidance to 0.640-0.690 EPS and its Q2 2025 guidance to 0.140-0.150 EPS.

Amer Sports Stock Performance

AS opened at $28.55 on Tuesday. The business has a 50 day moving average price of $29.98 and a two-hundred day moving average price of $22.18. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.62 and a quick ratio of 0.77. The company has a market capitalization of $15.60 billion and a price-to-earnings ratio of -203.93. Amer Sports has a 1-year low of $10.11 and a 1-year high of $34.00.

Wall Street Analysts Forecast Growth

AS has been the topic of several research reports. Sanford C. Bernstein started coverage on shares of Amer Sports in a research note on Thursday, February 13th. They set an “outperform” rating and a $38.00 price objective on the stock. Citigroup raised their target price on Amer Sports from $24.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Hsbc Global Res lowered shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 16th. TD Cowen increased their price objective on shares of Amer Sports from $29.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Finally, Evercore ISI boosted their target price on shares of Amer Sports from $26.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Four investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $28.64.

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.