Amer Sports (NYSE:AS) Releases Earnings Results, Meets Expectations

Amer Sports (NYSE:ASGet Free Report) posted its earnings results on Tuesday. The company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17, Zacks reports. Amer Sports had a negative net margin of 0.74% and a positive return on equity of 3.15%. Amer Sports updated its FY 2025 guidance to 0.640-0.690 EPS and its Q2 2025 guidance to 0.140-0.150 EPS.

Amer Sports Stock Down 0.2 %

NYSE:AS opened at $28.55 on Tuesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.77 and a current ratio of 1.62. The company has a market capitalization of $15.60 billion and a price-to-earnings ratio of -203.93. Amer Sports has a one year low of $10.11 and a one year high of $34.00. The stock has a 50-day simple moving average of $29.98 and a 200 day simple moving average of $22.18.

Analysts Set New Price Targets

Several research firms have issued reports on AS. HSBC downgraded shares of Amer Sports from a “buy” rating to a “hold” rating and set a $30.00 price objective for the company. in a research note on Monday, December 16th. UBS Group upped their price target on shares of Amer Sports from $27.00 to $37.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. Evercore ISI raised their price objective on Amer Sports from $26.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Hsbc Global Res lowered Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 16th. Finally, The Goldman Sachs Group upped their price target on Amer Sports from $28.00 to $31.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $28.64.

Check Out Our Latest Analysis on AS

About Amer Sports

(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.

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