Amer Sports (NYSE:AS) Releases FY25 Earnings Guidance

Amer Sports (NYSE:AS) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.64-$0.69 for the period, compared to the consensus 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.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Morgan Stanley upped their target price on shares of Amer Sports from $19.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 21st. UBS Group increased their price objective on shares of Amer Sports from $27.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Hsbc Global Res downgraded shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 16th. Citigroup increased their price objective on shares of Amer Sports from $24.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company increased their price objective on shares of Amer Sports from $25.00 to $28.00 and gave the company an “equal weight” rating in a research report on Wednesday. Four investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $29.43.

Amer Sports Stock Performance

AS traded up $2.17 during trading on Wednesday, hitting $31.00. The company’s stock had a trading volume of 1,500,306 shares, compared to its average volume of 2,965,231. The company has a quick ratio of 0.77, a current ratio of 1.62 and a debt-to-equity ratio of 0.58. Amer Sports has a one year low of $10.11 and a one year high of $34.00. The firm has a market cap of $16.93 billion and a PE ratio of -221.38. The business’s 50 day simple moving average is $30.00 and its 200-day simple moving average is $22.42.

Amer Sports (NYSE:AS) last released its quarterly earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share for the quarter, hitting the consensus estimate of $0.17. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.60 billion. Amer Sports had a negative net margin of 0.74% and a positive return on equity of 3.15%. The firm’s revenue was up 23.2% compared to the same quarter last year. As a group, sell-side analysts predict that Amer Sports will post 0.46 EPS for the current fiscal year.

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.