The stock of Amer Sports Inc (NYSE:AS) last traded at $23.21, up 4.31% from the previous session.
AS stock price is now -13.90% away from the 50-day moving average and 7.29% away from the 200-day moving average. The market capitalization of the company currently stands at $12.85B.
With the price target enhanced from $34 to $40, JP Morgan maintained Overweight rating for Amer Sports Inc (NYSE: AS). On February 13, 2025, Bernstein recently initiated its ‘Outperform’ rating on the stock quoting a target price of $38, while ‘HSBC Securities’ rates the stock as ‘Hold’
In other news, Haselden Stuart, Officer bought 11,652 shares of the company’s stock on Apr 17 ’25. The stock was bought for $258,196 at an average price of $22.16. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 16 ’25, Officer Dudy Joseph W bought 4,904 shares of the business’s stock. A total of $109,645 was incurred on buying the stock at an average price of $22.36. A total of 80.50% of the company’s stock is owned by insiders.
During the past 12 months, Amer Sports Inc has had a low of $10.11 and a high of $34.00. As of last week, the company has a debt-to-equity ratio of 0.30, a current ratio of 1.54, and a quick ratio of 0.76. According to the stock market information, the enterprise value for the company is $14001649664, which is based on a 164.26 price-to-earnings ratio, a 4.75 price-to-earnings-growth ratio, and a beta of 2.81. The fifty day moving average price for AS is $27.106 and a two-hundred day moving average price translates $21.57735 for the stock.
The latest earnings results from Amer Sports Inc (NYSE: AS) was released for 2024-12-31. The net profit margin was 1.41% and return on equity was 3.00% for AS. The company reported revenue of $1.65 billion for the quarter, compared to $1.34 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.32 percent.
