Amer Sports (AS) Stock Price, News & Analysis

Company Overview

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. The Technical Apparel segment offers outdoor apparel, footwear, and accessories which includes climbing gear. The Outdoor Performance segment provides hiking and running footwear, functional apparel, skiing and snowboarding gear, and lifestyle footwear. The Ball & Racquet Sports segment offers sports equipment for tennis, baseball, american football, basketball, golf, and various other professional and recreational sports. This segment provides custom-fitting protective gear and apparel for baseball, softball, football, and lacrosse. It sells its products under the Arc'teryx, PeakPerformance, Salomon, Atomic, Armada, ENVE, Wilson, Louisville Slugger, DeMarini, EvoShield, and ATEC brands. The company distributes its products through retail stores, general sporting goods retailers, specialty stores, independently operated partner stores, and distributors, as well as its e-commerce websites, and retailer-owned and third-party e-commerce websites. The company was formerly known as Amer Sports Management Holding (Cayman) Limited and changed its name to Amer Sports, Inc. in August 2023. Amer Sports, Inc. was founded in 1950 and is based in Helsinki, Finland.

Key Stats

• Today's Range: $27.18 to $28.62
• 50-Day Range: $17.62 to $28.74
• 52-Week Range: $10.11 to $29.43
• Volume: 1.87 million shs
• Average Volume: 1.93 million shs
• Market Capitalization: $15.40 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $25.14
• Consensus Rating: Moderate Buy

Amer Sports Stock Analysis - MarketRank™

Amer Sports scored higher than 39% of companies evaluated by MarketBeat, and ranked 207th out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Amer Sports has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Amer Sports has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 41.30%

Earnings Growth

Earnings for Amer Sports are expected to grow by 41.30% in the coming year, from $0.46 to $0.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Amer Sports is -201.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Amer Sports is -201.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Amer Sports has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.01% of the float of Amer Sports has been sold short.

Short Interest Ratio / Days to Cover

Amer Sports has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Amer Sports has recently increased by 33.13%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Amer Sports does not currently pay a dividend.

Dividend Growth

Amer Sports does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

13.01% of the float of Amer Sports has been sold short.

Short Interest Ratio / Days to Cover

Amer Sports has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Amer Sports has recently increased by 33.13%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.10

News Sentiment

Amer Sports has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 33 news articles for Amer Sports this week, compared to 7 articles on an average week.

Search Interest

Only 9 people have searched for AS on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Amer Sports to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Amer Sports insiders have not sold or bought any company stock.

Percentage Held by Institutions

40.25% of the stock of Amer Sports is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AS Stock Analysis - Frequently Asked Questions

How have AS shares performed this year?

Amer Sports' stock was trading at $14.95 at the beginning of the year. Since then, AS shares have increased by 88.5% and is now trading at $28.18.
View the best growth stocks for 2024 here.

How were Amer Sports' earnings last quarter?

Amer Sports, Inc. (NYSE:AS) issued its quarterly earnings results on Tuesday, August, 20th. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of ($0.06) by $0.11. Amer Sports's revenue for the quarter was up 16.0% compared to the same quarter last year.

When did Amer Sports IPO?

Amer Sports (AS) raised $1.4 billion in an IPO on Thursday, February 1st 2024. The company issued 105,000,000 shares at a price of $13.00 per share.

Who are Amer Sports' major shareholders?

Top institutional investors of Amer Sports include FMR LLC (1.49%), Point72 Asset Management L.P. (0.50%), Point72 Hong Kong Ltd (0.41%) and WCM Investment Management LLC (0.26%).

How do I buy shares of Amer Sports?

Shares of AS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Amer Sports own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Amer Sports investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 8/20/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Apparel, finished products from fabrics & similar materials
• Sub-Industry: Apparel
• Current Symbol: NYSE:AS
• Previous Symbol: NYSE:AS
• CUSIP: N/A
• CIK: 1988894
• Web: www.amersports.com
• Phone: 358-20-712-2500
• Fax: N/A
• Employees: 11,400
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $25.14
• High Stock Price Target: $37.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: -10.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.14)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 61.26
• P/E Growth: 0.96
• Net Income: $-208,600,000.00
• Net Margins: -0.74%
• Pretax Margin: 0.73%
• Return on Equity: 3.15%
• Return on Assets: 1.12%

Debt

• Debt-to-Equity Ratio: 0.58
• Current Ratio: 1.62
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $4.84 billion
• Price / Sales: 3.18
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 546,360,000
• Free Float: N/A
• Market Cap: $15.40 billion
• Optionable: Optionable
• Beta: N/A