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NYSE:AS

Amer Sports (AS) Stock Price, News & Analysis

$14.02
-0.11 (-0.78%)
(As of 09/6/2024 ET)
Today's Range
$13.70
$14.33
50-Day Range
$10.48
$14.18
52-Week Range
$10.11
$18.23
Volume
1.32 million shs
Average Volume
1.56 million shs
Market Capitalization
$7.08 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.50

Amer Sports MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.79 Rating Score
Upside/​Downside
32.0% Upside
$18.50 Price Target
Short Interest
Bearish
10.83% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.50mentions of Amer Sports in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
51.16%
From $0.43 to $0.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.09 out of 5 stars

Consumer Discretionary Sector

141st out of 269 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

7th out of 13 stocks

AS stock logo

About Amer Sports Stock (NYSE:AS)

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.

AS Stock Price History

AS Stock News Headlines

Fossil Group Appoints Franco Fogliato As CEO
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Amer Sports: Solid Demand Momentum
Brokerages Set Amer Sports, Inc. (NYSE:AS) PT at $18.36
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Amer Sports: Strong Performance And Guidance
Q2 2024 Amer Sports Inc Earnings Call Transcript
See More Headlines
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Company Calendar

Last Earnings
8/20/2024
Today
9/07/2024
Next Earnings (Estimated)
11/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Apparel, finished products from fabrics & similar materials
Sub-Industry
Apparel
Fax
N/A
Employees
11,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.50
High Stock Price Target
$21.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+32.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.79
Research Coverage
14 Analysts

Profitability

Net Income
$-208,600,000.00
Pretax Margin
-2.09%

Debt

Sales & Book Value

Annual Sales
$4.64 billion
Book Value
$7.94 per share

Miscellaneous

Free Float
N/A
Market Cap
$7.08 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Jie Zheng (Age 56)
    CEO, Interim President & Director and CEO of Salomon
  • Mr. Andrew E. Page (Age 54)
    Chief Financial Officer
  • Mr. Michael Hauge Sørensen (Age 51)
    Chief Operating Officer
  • Mr. Stefan Schubert
    Chief Information Officer & Senior VP of Group IT
  • Ms. Jutta Karlsson LL.M. (Age 61)
    General Counsel
  • Ms. Anu Sirkia
    Vice President of Communications
  • Mr. Sebastian Lund (Age 54)
    Chief Human Resources Officer
  • Mr. Wen-Chang Chen (Age 45)
    Chief Strategy Officer
  • Mr. Joseph Dudy (Age 53)
    President & CEO of Wilson
  • Mr. Douglas Gilbert
    Deputy CFO & Senior VP of Group Finance

AS Stock Analysis - Frequently Asked Questions

How have AS shares performed this year?

Amer Sports' stock was trading at $14.95 on January 1st, 2024. Since then, AS shares have decreased by 6.2% and is now trading at $14.02.
View the best growth stocks for 2024 here
.

How were Amer Sports' earnings last quarter?

Amer Sports, Inc. (NYSE:AS) announced its quarterly earnings data on Tuesday, August, 20th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.11. Amer Sports's quarterly revenue 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 initial public offering (IPO) on Thursday, February 1st 2024. The company issued 105,000,000 shares at a price of $13.00 per share.

When did the company's lock-up period expire?

Amer Sports' lock-up period expired on Tuesday, July 30th. Amer Sports had issued 105,000,000 shares in its initial public offering on February 1st. The total size of the offering was $1,365,000,000 based on an initial share price of $13.00. Since the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are Amer Sports' major shareholders?

Amer Sports' top institutional investors include Hood River Capital Management LLC (0.77%), Point72 Hong Kong Ltd (0.65%), Point72 Asset Management L.P. (0.61%) and Millennium Management LLC (0.12%).

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.

This page (NYSE:AS) was last updated on 9/7/2024 by MarketBeat.com Staff

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