Amer Sports Sees Unusually Large Options Volume (NYSE:AS)

Amer Sports, Inc. (NYSE:AS) was the target of some unusual options trading on Monday. Stock traders purchased 16,666 put options on the stock. This is an increase of 218% compared to the average volume of 5,236 put options.

Institutional Investors Weigh In On Amer Sports

Several large investors have recently made changes to their positions in the company. Quarry LP purchased a new position in Amer Sports during the 1st quarter valued at approximately $34,000. 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. Smartleaf Asset Management LLC raised its position in Amer Sports by 174.3% during the second quarter. Smartleaf Asset Management LLC now owns 1,591 shares of the company’s stock valued at $63,000 after purchasing an additional 1,011 shares during the period. Colonial Trust Advisors purchased a new stake in Amer Sports during the first quarter valued at approximately $93,000. Finally, GAMMA Investing LLC lifted its stake in shares of Amer Sports by 17.4% in the 2nd quarter. GAMMA Investing LLC now owns 2,614 shares of the company’s stock valued at $101,000 after purchasing an additional 387 shares during the last quarter. 40.25% of the stock is owned by institutional investors.

Amer Sports Trading Up 0.1%

Shares of Amer Sports stock opened at $34.50 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.61 and a current ratio of 1.60. Amer Sports has a fifty-two week low of $15.90 and a fifty-two week high of $42.36. The company has a fifty day moving average of $37.58 and a 200 day moving average of $33.67. The company has a market capitalization of $19.11 billion, a P/E ratio of 84.15, a P/E/G ratio of 1.10 and a beta of 3.30.

Amer Sports (NYSE:AS) last posted its quarterly earnings results on Tuesday, August 19th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Amer Sports had a return on equity of 6.87% and a net margin of 3.93%.The firm’s revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.05 EPS. Amer Sports has set its FY 2025 guidance at 0.770-0.820 EPS. Q3 2025 guidance at 0.200-0.220 EPS. On average, sell-side analysts anticipate that Amer Sports will post 0.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on the company. HSBC set a $50.00 target price on Amer Sports and gave the stock a “buy” rating in a report on Tuesday, August 26th. Bank of America lifted their price objective on Amer Sports from $45.00 to $46.00 and gave the stock a “buy” rating in a report on Friday, September 19th. Nomura Securities lowered Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. The Goldman Sachs Group raised their price target on shares of Amer Sports from $44.00 to $45.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. Finally, Robert W. Baird lifted their price target on shares of Amer Sports from $45.00 to $46.00 and gave the stock an “outperform” rating in a research note on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.49.

Amer Sports Company Profile

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.