Amer Sports, Inc. (NYSE:AS) Receives $47.12 Average Target Price from Analysts

Amer Sports, Inc. (NYSE:ASGet Free Report) has been assigned a consensus rating of “Buy” from the nineteen brokerages that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $47.1235.

Several research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft set a $49.00 price objective on Amer Sports in a research report on Thursday, January 8th. Piper Sandler restated an “overweight” rating on shares of Amer Sports in a research report on Friday, February 20th. Wells Fargo & Company upped 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. Barclays started coverage on shares of Amer Sports in a report on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price target for the company. Finally, Truist Financial set a $49.00 price objective on shares of Amer Sports in a research note on Wednesday, February 25th.

Get Our Latest Report on Amer Sports

Amer Sports Price Performance

Shares of AS opened at $32.67 on Tuesday. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.25. The stock’s 50 day moving average is $37.13 and its two-hundred day moving average is $35.81. Amer Sports has a twelve month low of $20.21 and a twelve month high of $42.76. The firm has a market capitalization of $18.10 billion, a PE ratio of 43.57, a P/E/G ratio of 1.33 and a beta of 2.80.

Amer Sports (NYSE:ASGet Free Report) last issued its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.99 billion. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The company’s revenue for the quarter was up 28.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.17 EPS. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. Research analysts anticipate that Amer Sports will post 0.46 earnings per share for the current year.

Institutional Investors Weigh In On Amer Sports

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. grew its holdings in shares of Amer Sports by 1,030.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock worth $30,000 after acquiring an additional 742 shares during the period. Invesco Ltd. increased its stake in Amer Sports by 19.6% in the 4th quarter. Invesco Ltd. now owns 232,193 shares of the company’s stock valued at $8,672,000 after purchasing an additional 37,988 shares in the last quarter. Owlhouse Capital LP purchased a new position in Amer Sports in the 4th quarter valued at approximately $4,799,000. Vident Advisory LLC raised its holdings in 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 during the last quarter. Finally, XTX Topco Ltd acquired a new position in Amer Sports during the fourth quarter worth $694,000. 40.25% of the stock is currently owned by institutional investors and hedge funds.

Amer Sports Company Profile

(Get Free Report)

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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Analyst Recommendations for Amer Sports (NYSE:AS)

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