Amer Sports (NYSE:AS) Issues FY 2025 Earnings Guidance

Amer Sports (NYSE:AS) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.640-0.690 for the period, compared to the consensus earnings per share estimate of 0.670. The company issued revenue guidance of $5.9 billion-$6.0 billion, compared to the consensus revenue estimate of $5.9 billion. Amer Sports also updated its FY25 guidance to $0.64-$0.69 EPS.

Analyst Ratings Changes

A number of analysts recently weighed in on AS shares. JPMorgan Chase & Co. raised their price target on shares of Amer Sports from $19.00 to $26.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Evercore ISI lifted their price objective on Amer Sports from $26.00 to $30.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. TD Cowen increased their target price on Amer Sports from $29.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Robert W. Baird boosted their target price on Amer Sports from $24.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Finally, Citigroup upped their price target on Amer Sports from $24.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $28.64.

Amer Sports Stock Down 0.8 %

AS traded down $0.24 during trading on Tuesday, reaching $28.36. 2,010,856 shares of the stock were exchanged, compared to its average volume of 2,868,121. The stock’s 50 day moving average price is $30.00 and its two-hundred day moving average price is $22.30. Amer Sports has a twelve month low of $10.11 and a twelve month high of $34.00. The stock has a market cap of $15.49 billion and a P/E ratio of -202.22. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.77 and a current ratio of 1.62.

Amer Sports (NYSE:AS) last posted its earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share for the quarter, hitting 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 business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.60 billion. Amer Sports’s revenue was up 23.2% compared to the same quarter last year. Equities analysts expect that Amer Sports will post 0.46 EPS for the current year.

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.