Amer Sports, Inc. (NYSE:AS) Given Average Rating of “Buy” by Brokerages

Amer Sports, Inc. (NYSE:AS) has been given an average rating of “Buy” by the nineteen research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $47.1235.

A number of brokerages have issued reports on AS. Zacks Research lowered Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Wells Fargo & Company increased their price objective on shares of Amer Sports from $40.00 to $45.00 and gave the stock an “overweight” rating in a report on Tuesday, December 16th. Evercore raised their target price on shares of Amer Sports from $50.00 to $51.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Piper Sandler restated an “overweight” rating on shares of Amer Sports in a report on Friday, February 20th. Finally, Barclays initiated coverage on shares of Amer Sports in a research report on Tuesday, December 9th. They set an “overweight” rating and a $49.00 price target for the company.

Amer Sports Trading Down 6.3%

Shares of Amer Sports stock opened at $30.63 on Tuesday. Amer Sports has a fifty-two week low of $20.21 and a fifty-two week high of $42.76. The business’s fifty day moving average is $36.97 and its two-hundred day moving average is $35.73. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. The firm has a market cap of $16.96 billion, a PE ratio of 40.84, a P/E/G ratio of 1.23 and a beta of 2.80.

Amer Sports (NYSE:AS) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.99 billion. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The business’s revenue for the quarter was up 28.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.17 earnings per share. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. Analysts anticipate that Amer Sports will post 0.46 earnings per share for the current year.

Institutional Trading of Amer Sports

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Federation des caisses Desjardins du Quebec raised its position in shares of Amer Sports by 10.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,466 shares of the company’s stock worth $167,000 after buying an additional 405 shares during the period. Choreo LLC grew its position in Amer Sports by 4.9% during the fourth quarter. Choreo LLC now owns 9,387 shares of the company’s stock valued at $354,000 after acquiring an additional 437 shares during the period. SBI Securities Co. Ltd. increased its stake in Amer Sports by 146.4% during the second quarter. SBI Securities Co. Ltd. now owns 897 shares of the company’s stock worth $35,000 after acquiring an additional 533 shares during the last quarter. Mackenzie Financial Corp increased its stake in Amer Sports by 1.1% during the third quarter. Mackenzie Financial Corp now owns 48,745 shares of the company’s stock worth $1,694,000 after acquiring an additional 540 shares during the last quarter. Finally, Moore Capital Management LP raised its holdings in shares of Amer Sports by 3.6% in the 4th quarter. Moore Capital Management LP now owns 18,572 shares of the company’s stock worth $694,000 after purchasing an additional 651 shares during the period. 40.25% of the stock is currently owned by institutional investors and hedge funds.

About Amer Sports

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).