Amer Sports (NYSE:AS) Issues FY 2025 Earnings Guidance

Amer Sports (NYSE:AS) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 0.640-0.690 for the period, compared to the consensus EPS estimate of 0.670. The company issued revenue guidance of $5.9 billion-$6.0 billion, compared to the consensus revenue estimate of $5.9 billion. Amer Sports also updated its FY25 guidance to $0.64-$0.69 EPS.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AS. Morgan Stanley raised their target price on shares of Amer Sports from $19.00 to $27.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 21st. UBS Group boosted their price objective on Amer Sports from $27.00 to $37.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. HSBC downgraded Amer Sports from a “buy” rating to a “hold” rating and set a $30.00 target price for the company. in a research report on Monday, December 16th. Wells Fargo & Company boosted their price target on Amer Sports from $20.00 to $25.00 and gave the stock an “equal weight” rating in a report on Friday, December 20th. Finally, Sanford C. Bernstein assumed coverage on shares of Amer Sports in a report on Thursday, February 13th. They issued an “outperform” rating and a $38.00 price objective for the company. Four analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Amer Sports has a consensus rating of “Moderate Buy” and a consensus price target of $28.64.

Amer Sports Trading Down 0.8 %

Amer Sports stock traded down $0.24 during trading hours on Tuesday, reaching $28.36. 2,010,856 shares of the company’s stock were exchanged, compared to its average volume of 2,868,121. The firm’s 50 day simple moving average is $30.00 and its 200 day simple moving average is $22.30. Amer Sports has a twelve month low of $10.11 and a twelve month high of $34.00. The company has a quick ratio of 0.77, a current ratio of 1.62 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $15.49 billion and a PE ratio of -202.22.

Amer Sports (NYSE:AS) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.60 billion. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. Amer Sports’s revenue for the quarter was up 23.2% on a year-over-year basis. Research analysts predict that Amer Sports will post 0.46 earnings per share for the current year.

About Amer Sports

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.