Amer Sports, Inc. (NYSE:AS – Get Free Report) was the recipient of unusually large options trading activity on Thursday. Stock investors purchased 23,016 put options on the company. This represents an increase of 155% compared to the typical volume of 9,040 put options.
Amer Sports Stock Performance
AS stock traded down $0.03 during mid-day trading on Thursday, reaching $28.53. 2,130,399 shares of the stock traded hands, compared to its average volume of 4,767,773. The company has a quick ratio of 0.80, a current ratio of 1.76 and a debt-to-equity ratio of 0.11. Amer Sports has a 52 week low of $28.09 and a 52 week high of $42.76. The business has a 50-day moving average of $34.00 and a two-hundred day moving average of $34.85. The firm has a market capitalization of $15.80 billion, a PE ratio of 30.08, a P/E/G ratio of 0.94 and a beta of 1.99.
Amer Sports (NYSE:AS – Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.11. Amer Sports had a return on equity of 11.18% and a net margin of 7.35%.The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the business posted $0.03 earnings per share. The firm’s revenue was up 32.1% compared to the same quarter last year. Amer Sports has set its FY 2026 guidance at 1.270-1.300 EPS and its Q3 2026 guidance at 0.310-0.330 EPS. As a group, equities analysts predict that Amer Sports will post 1.29 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on Amer Sports
Insider Buying and Selling
In other Amer Sports news, CFO Andrew E. Page sold 2,022 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $28.63, for a total transaction of $57,889.86. Following the transaction, the chief financial officer directly owned 6,575 shares of the company’s stock, valued at $188,242.25. This represents a 23.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Artisan Partners Limited Partnership boosted its position in shares of Amer Sports by 1,306.7% in the fourth quarter. Artisan Partners Limited Partnership now owns 5,214,439 shares of the company’s stock valued at $194,759,000 after acquiring an additional 4,843,742 shares during the period. Scopus Asset Management L.P. bought a new position in Amer Sports during the second quarter worth $108,562,000. Viking Global Investors LP increased its position in Amer Sports by 63.5% during the third quarter. Viking Global Investors LP now owns 6,343,481 shares of the company’s stock worth $220,436,000 after acquiring an additional 2,462,832 shares during the period. Balyasny Asset Management L.P. acquired a new position in Amer Sports during the 2nd quarter valued at $87,287,000. Finally, Squarepoint Ops LLC raised its stake in Amer Sports by 5,847.1% during the 4th quarter. Squarepoint Ops LLC now owns 1,986,102 shares of the company’s stock valued at $74,181,000 after purchasing an additional 1,952,706 shares during the last quarter. 40.25% of the stock is owned by institutional investors.
Amer Sports Company Profile
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).
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