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

Shares of Amer Sports, Inc. (NYSE:AS) have received a consensus rating of “Buy” from the nineteen ratings firms that are currently covering the firm, MarketBeat 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 twelve-month price target among brokerages that have issued ratings on the stock in the last year is $47.1235.

Several equities analysts recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of Amer Sports from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Nomura set a $39.80 target price on Amer Sports and gave the company a “buy” rating in a research report on Tuesday, November 18th. UBS Group reiterated a “buy” rating on shares of Amer Sports in a report on Friday. Piper Sandler reissued an “overweight” rating on shares of Amer Sports in a research report on Friday, February 20th. Finally, Barclays initiated coverage on Amer Sports in a research note on Tuesday, December 9th. They set an “overweight” rating and a $49.00 price objective for the company.

Institutional Trading of Amer Sports

Hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC bought a new stake in shares of Amer Sports in the 4th quarter valued at about $27,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Amer Sports by 484.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock worth $29,000 after acquiring an additional 703 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in Amer Sports by 146.4% during the second quarter. SBI Securities Co. Ltd. now owns 897 shares of the company’s stock valued at $35,000 after acquiring an additional 533 shares during the last quarter. Financial Consulate Inc. purchased a new stake in Amer Sports during the third quarter valued at approximately $40,000. Finally, PNC Financial Services Group Inc. boosted its stake in Amer Sports by 241.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock valued at $42,000 after acquiring an additional 848 shares in the last quarter. 40.25% of the stock is owned by hedge funds and other institutional investors.

Amer Sports Stock Up 3.8%

NYSE:AS opened at $33.56 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76. Amer Sports has a 1-year low of $20.21 and a 1-year high of $42.76. The company has a 50-day moving average of $37.46 and a 200 day moving average of $35.89. The firm has a market cap of $18.58 billion, a PE ratio of 44.74, a price-to-earnings-growth ratio of 1.29 and a beta of 2.80.

Amer Sports (NYSE:AS) last posted its earnings results on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter last year, the firm posted $0.17 EPS. The company’s revenue for the quarter was up 28.5% on a year-over-year basis. 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. As a group, research analysts anticipate 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).