Amer Sports (NYSE:AS) Issues 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.

Analysts Set New Price Targets

A number of analysts have issued reports on AS shares. HSBC downgraded shares of Amer Sports from a “buy” rating to a “hold” rating and set a $30.00 price target on the stock. in a report on Monday, December 16th. TD Cowen boosted their target price on Amer Sports from $29.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Evercore ISI raised their price target on Amer Sports from $26.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Robert W. Baird upped their price objective on Amer Sports from $24.00 to $30.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, The Goldman Sachs Group raised their target price on shares of Amer Sports from $28.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, January 8th. Four investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $28.64.

Amer Sports Stock Down 7.6 %

Shares of NYSE AS opened at $26.44 on Tuesday. The company has a market cap of $14.45 billion and a P/E ratio of -188.06. The firm has a 50-day simple moving average of $29.98 and a two-hundred day simple moving average of $22.18. Amer Sports has a 1 year low of $10.11 and a 1 year high of $34.00. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.62 and a quick ratio of 0.77.

Amer Sports (NYSE:AS) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.59 billion. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. Amer Sports’s quarterly revenue was up 23.2% compared to the same quarter last year. Research analysts anticipate that Amer Sports will post 0.46 earnings per share for the current 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.