Amer Sports, Inc. (NYSE:AS) Receives Consensus Rating of “Buy” from Brokerages

Shares of Amer Sports, Inc. (NYSE:AS) have been assigned a consensus recommendation of “Buy” from the nineteen analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, fifteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $47.1235.

Several equities analysts have recently commented on AS shares. Piper Sandler reiterated an “overweight” rating on shares of Amer Sports in a research note on Friday, February 20th. Truist Financial set a $49.00 target price on Amer Sports in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft set a $49.00 target price on Amer Sports in a research note on Thursday, January 8th. Evercore upped their price target on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Finally, Wells Fargo & Company upped their price target on Amer Sports from $40.00 to $45.00 and gave the company an “overweight” rating in a research report on Tuesday, December 16th.

Insider Activity at Amer Sports

In related news, CFO Andrew E. Page sold 2,052 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $33.28, for a total transaction of $68,290.56. Following the sale, the chief financial officer directly owned 4,083 shares of the company’s stock, valued at approximately $135,882.24. This represents a 33.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Stuart Haselden sold 6,511 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $33.28, for a total value of $216,686.08. Following the sale, the chief executive officer directly owned 5,448 shares in the company, valued at approximately $181,309.44. This represents a 54.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 9,020 shares of company stock worth $300,186.

Institutional Investors Weigh In On Amer Sports

Several institutional investors and hedge funds have recently made changes to their positions in the company. Rockefeller Capital Management L.P. raised its position in shares of Amer Sports by 1,030.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock valued at $30,000 after acquiring an additional 742 shares in the last quarter. Invesco Ltd. raised its position in shares of Amer Sports by 19.6% during the 4th quarter. Invesco Ltd. now owns 232,193 shares of the company’s stock valued at $8,672,000 after acquiring an additional 37,988 shares in the last quarter. Owlhouse Capital LP acquired a new stake in shares of Amer Sports during the 4th quarter valued at approximately $4,799,000. Vident Advisory LLC raised its position in shares of Amer Sports by 14.5% during the 4th quarter. Vident Advisory LLC now owns 798,441 shares of the company’s stock valued at $29,822,000 after acquiring an additional 101,343 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Amer Sports during the 4th quarter valued at approximately $694,000. 40.25% of the stock is owned by institutional investors and hedge funds.

Amer Sports Stock Performance

Amer Sports stock opened at $35.19 on Friday. The stock has a market cap of $19.49 billion, a P/E ratio of 46.92, a price-to-earnings-growth ratio of 1.43 and a beta of 2.81. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.25. The stock has a 50 day moving average of $35.80 and a 200-day moving average of $35.36. Amer Sports has a 52 week low of $21.06 and a 52 week high of $42.76.

Amer Sports (NYSE:AS) last released its earnings results on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.27 by $0.04. The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations 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 was up 28.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.17 EPS. 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. On average, analysts expect that Amer Sports will post 0.46 EPS for the current fiscal year.

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).