Amer Sports (NYSE:AS – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.000-0.020 for the period, compared to the consensus estimate of 0.020. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Amer Sports also updated its FY 2025 guidance to 0.670-0.720 EPS.
Analyst Ratings Changes
Several research firms have issued reports on AS. The Goldman Sachs Group decreased their price objective on shares of Amer Sports from $33.00 to $28.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Sanford C. Bernstein started coverage on Amer Sports in a research report on Thursday, February 13th. They issued an “outperform” rating and a $38.00 target price for the company. Citigroup dropped their price target on Amer Sports from $36.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, April 28th. UBS Group boosted their price objective on Amer Sports from $37.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Finally, Wells Fargo & Company raised their target price on shares of Amer Sports from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 14th. Four analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $31.55.
Check Out Our Latest Analysis on Amer Sports
Amer Sports Stock Performance
Amer Sports (NYSE:AS – Get Free Report) last issued its earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.17. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.60 billion. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. The business’s revenue was up 23.2% compared to the same quarter last year. On average, research analysts predict that Amer Sports will post 0.46 earnings per share for the current year.
Hedge Funds Weigh In On Amer Sports
An institutional investor recently raised its position in Amer Sports stock. Goldman Sachs Group Inc. grew its stake in shares of Amer Sports, Inc. (NYSE:AS – Free Report) by 44.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,173,674 shares of the company’s stock after purchasing an additional 358,536 shares during the quarter. Goldman Sachs Group Inc. owned 0.21% of Amer Sports worth $31,372,000 at the end of the most recent quarter. Institutional investors and hedge funds own 40.25% of the company’s stock.
About Amer Sports
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.
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