In Tuesday’s Wall Street session, Amer Sports Inc (NYSE:AS) shares traded at $37.46, up 1.77% from the previous session.
AS stock price is now 33.66% away from the 50-day moving average and 53.71% away from the 200-day moving average. The market capitalization of the company currently stands at $20.75B.
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 309,600 shares of the company’s stock on May 22 ’25. The stock was bought for $11,436,624 at an average price of $36.94. An SEC document containing details of the transaction can be found on the SEC’s website. On May 12 ’25, Officer Karlsson Jutta C bought 83,028 shares of the business’s stock. A total of $2,490,967 was incurred on buying the stock at an average price of $30.00. A total of 80.00% 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 $38.51. As of last week, the company has a debt-to-equity ratio of 0.29, a current ratio of 1.66, and a quick ratio of 0.80.
The net profit margin was 3.70% and return on equity was 4.38% for AS. The company reported revenue of $1.47 billion for the quarter, compared to $1.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.48 percent.
