Amer Sports (NYSE:AS) Releases Quarterly Earnings Results

Amer Sports (NYSE:AS) issued its quarterly earnings results on Tuesday. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04, Zacks reports. Amer Sports had a net margin of 5.10% and a return on equity of 8.51%. The company’s revenue was up 28.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.17 earnings per share. Amer Sports updated its FY 2026 guidance to 1.100-1.150 EPS and its Q1 2026 guidance to 0.280-0.300 EPS.

Amer Sports Stock Down 3.4%

Shares of Amer Sports stock opened at $40.52 on Tuesday. Amer Sports has a twelve month low of $20.21 and a twelve month high of $42.76. The stock has a market cap of $22.44 billion, a price-to-earnings ratio of 73.66, a price-to-earnings-growth ratio of 0.82 and a beta of 2.86. The company has a current ratio of 1.51, a quick ratio of 0.70 and a debt-to-equity ratio of 0.24. The company has a fifty day moving average price of $38.15 and a 200 day moving average price of $36.21.

Analysts Set New Price Targets

AS has been the topic of several analyst reports. Truist Financial set a $46.00 price objective on Amer Sports in a report on Wednesday, January 14th. Evercore reissued an “outperform” rating and issued a $50.00 price target on shares of Amer Sports in a research note on Thursday. Zacks Research downgraded shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Citigroup reissued a “buy” rating on shares of Amer Sports in a research report on Thursday, October 30th. Finally, Wells Fargo & Company increased their price target on shares of Amer Sports from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $46.89.

Institutional Investors Weigh In On Amer Sports

A number of large investors have recently modified their holdings of the stock. Invesco Ltd. raised its holdings in shares of Amer Sports by 19.6% during the 4th quarter. Invesco Ltd. now owns 232,193 shares of the company’s stock valued at $8,672,000 after buying an additional 37,988 shares during the period. Owlhouse Capital LP purchased a new stake in shares of Amer Sports during the fourth quarter valued at approximately $4,799,000. Vident Advisory LLC lifted its position in shares of Amer Sports by 14.5% during the fourth quarter. Vident Advisory LLC now owns 798,441 shares of the company’s stock worth $29,822,000 after purchasing an additional 101,343 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Amer Sports in the fourth quarter valued at $694,000. Finally, Zacks Investment Management acquired a new stake in Amer Sports during the 4th quarter valued at $2,151,000. Institutional investors and hedge funds own 40.25% of the company’s stock.

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).