Amer Sports (NYSE:AS) Updates FY25 Earnings Guidance

Amer Sports (NYSE:ASGet Free Report) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $0.64-$0.69 for the period, compared to the consensus EPS estimate of $0.69. The company issued revenue guidance of $5.86-$5.96 billion, compared to the consensus revenue estimate of $5.90 billion. Amer Sports also updated its FY 2025 guidance to 0.640-0.690 EPS.

Amer Sports Stock Performance

AS traded up $0.55 on Tuesday, reaching $29.15. 3,329,739 shares of the stock were exchanged, compared to its average volume of 2,906,544. The company’s 50-day moving average price is $30.00 and its 200 day moving average price is $22.30. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.62 and a quick ratio of 0.77. The firm has a market capitalization of $15.93 billion and a PE ratio of -208.31. Amer Sports has a fifty-two week low of $10.11 and a fifty-two week high of $34.00.

Amer Sports (NYSE:ASGet Free Report) last issued its earnings results on Tuesday, February 25th. The company reported $0.17 EPS for the quarter, meeting analysts’ consensus estimates of $0.17. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.60 billion. The company’s quarterly revenue was up 23.2% on a year-over-year basis. As a group, sell-side analysts forecast that Amer Sports will post 0.46 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on AS shares. Sanford C. Bernstein initiated coverage on Amer Sports in a research report on Thursday, February 13th. They set an “outperform” rating and a $38.00 price target on the stock. Citigroup raised their target price on Amer Sports from $24.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Morgan Stanley boosted their price target on Amer Sports from $19.00 to $27.00 and gave the company an “equal weight” rating in a report on Tuesday, January 21st. The Goldman Sachs Group raised their price objective on shares of Amer Sports from $28.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. Finally, Evercore ISI boosted their target price on shares of Amer Sports from $26.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $28.64.

View Our Latest Stock Analysis on AS

Amer Sports Company Profile

(Get Free Report)

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.

Further Reading

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