Amer Sports Inc (NYSE:AS) has seen 0.44 million shares traded in the recent trading session. The company, currently valued at $12.72B, closed the recent trade at $25.18 per share which meant it lost -$0.33 on the day or -1.29% during that session. The AS stock price is -3.02% off its 52-week high price of $25.94 and 59.85% above the 52-week low of $10.11. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.43 million shares traded. The 3-month trading volume is 2.11 million shares.
The consensus among analysts is that Amer Sports Inc (AS) is Buy stock at the moment, with a recommendation rating of 1.40. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.18.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Amer Sports Inc (NYSE:AS) trade information
Sporting -1.29% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AS stock price touched $25.18 or saw a rise of 2.93%. Year-to-date, Amer Sports Inc shares have moved 87.91%, while the 5-day performance has seen it change 21.82%. Over the past 30 days, the shares of Amer Sports Inc (NYSE:AS) have changed 40.04%. Short interest in the company has seen 6.46 million shares shorted with days to cover at 2.84.
Wall Street analysts have a consensus price target for the stock at $20, which means that the shares’ value could drop -25.9% from the levels at last check today. The projected low price target is $15.0 while the price target rests at a high of $25.0. In that case, then, we find that the latest price level in today’s session is 0.71% off the targeted high while a plunge would see the stock lose 40.43% from the levels at last check today.
Amer Sports Inc (AS) estimates and forecasts
Figures show that Amer Sports Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 67.20% over the past 6 months, with this year growth rate of 228.57%, compared to 1.00% for the industry. Revenue growth from the last financial year stood is estimated to be 17.22%.
11 analysts offering their estimates for the company have set an average revenue estimate of 1.59B for the current quarter. 10 have an estimated revenue figure of 1.37B for the next ending quarter. Year-ago sales stood 1.31B and 1.18B respectively for this quarter and the next, and analysts expect sales will grow by 20.91% for the current quarter and 17.22% for the next.
AS Dividends
Amer Sports Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Amer Sports Inc (NYSE:AS)’s Major holders
Also the top two Mutual Funds that are holding company’s shares are Fidelity Blue Chip Growth Fund and Fidelity Blue Chip Growth K6 Fund. As of Sep 30, 2024, the former fund manager holds about 0.68% shares in the company for having 3.42 shares of worth $86.21 million while later fund manager owns 824.5 shares of worth $20.77 million as of Sep 30, 2024, which makes it owner of about 0.16% of company’s outstanding stock.
