Amer Sports (AS) to Release Earnings on Tuesday

Amer Sports (NYSE:AS) will likely be releasing its Q1 2025 earnings data before the market opens on Tuesday, May 20th. Analysts expect Amer Sports to post earnings of $0.15 per share and revenue of $1.38 billion for the quarter.

Amer Sports (NYSE:AS) last announced its earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share for the quarter, hitting the consensus estimate of $0.17. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.60 billion. Amer Sports’s revenue was up 23.2% on a year-over-year basis. On average, analysts expect Amer Sports to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Amer Sports Stock Up 1.0%

NYSE AS opened at $31.16 on Monday. The business has a fifty day moving average price of $25.78 and a 200 day moving average price of $26.85. Amer Sports has a one year low of $10.11 and a one year high of $34.00. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.77 and a current ratio of 1.62. The company has a market cap of $17.26 billion, a P/E ratio of -222.56, a P/E/G ratio of 0.72 and a beta of 2.76.

Wall Street Analysts Forecast Growth

AS has been the subject of several recent research reports. The Goldman Sachs Group reduced their price objective on Amer Sports from $33.00 to $28.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. UBS Group raised their target price on Amer Sports from $37.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Morgan Stanley raised their target price on Amer Sports from $19.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 21st. JPMorgan Chase & Co. raised their target price on Amer Sports from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Finally, Sanford C. Bernstein began coverage on Amer Sports in a research note on Thursday, February 13th. They issued an “outperform” rating and a $38.00 target price for the company. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Amer Sports has a consensus rating of “Moderate Buy” and a consensus price target of $31.55.

Hedge Funds Weigh In On Amer Sports

An institutional investor recently bought a new position in Amer Sports stock. AQR Capital Management LLC purchased a new position in shares of Amer Sports, Inc. (NYSE:AS) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 21,125 shares of the company’s stock, valued at approximately $565,000. 40.25% of the stock is currently owned by institutional investors and hedge funds.

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.