Amer Sports (NYSE:AS - Get Free Report) is expected to post its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect Amer Sports to post earnings of $0.17 per share and revenue of $1.59 billion for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Amer Sports Stock Down 2.6 %
NYSE AS traded down $0.76 on Friday, reaching $28.58. The stock had a trading volume of 4,577,991 shares, compared to its average volume of 2,791,576. The business has a 50 day moving average price of $29.96 and a 200 day moving average price of $21.90. The company has a current ratio of 1.62, a quick ratio of 0.77 and a debt-to-equity ratio of 0.58. Amer Sports has a 1 year low of $10.11 and a 1 year high of $34.00. The company has a market capitalization of $15.61 billion and a price-to-earnings ratio of -204.10.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. Morgan Stanley boosted their target price on Amer Sports from $19.00 to $27.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 21st. UBS Group boosted their price target on Amer Sports from $27.00 to $37.00 and gave the stock a "buy" rating in a research report on Tuesday, December 17th. Citigroup boosted their price target on Amer Sports from $24.00 to $36.00 and gave the stock a "buy" rating in a research report on Wednesday, January 8th. The Goldman Sachs Group boosted their price target on Amer Sports from $28.00 to $31.00 and gave the stock a "buy" rating in a research report on Wednesday, January 8th. Finally, Evercore ISI boosted their price target on Amer Sports from $26.00 to $30.00 and gave the stock an "outperform" rating in a research report on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $28.64.
Check Out Our Latest Analysis on AS
Amer Sports Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Amer Sports, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amer Sports wasn't on the list.
While Amer Sports currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
