Amer Sports Inc (NYSE:AS)’s traded shares stood at 0.91 million during the latest session, with the company’s beta value hitting 2.77. At the last check today, the stock’s price was $22.78, to imply a decrease of -5.56% or -$1.34 in intraday trading. The AS share’s 52-week high remains $34.00, putting it -49.25% down since that peak but still an impressive 55.62% since price per share fell to its 52-week low of $10.11. The company has a valuation of $12.62B, with an average of 5.79 million shares in intraday trading volume over the past 10 days and average of 3.74 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Amer Sports Inc (AS), translating to a mean rating of 1.61. Of 5 analyst(s) looking at the stock, 0 analyst(s) give AS a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.15.
Amer Sports Inc (NYSE:AS) trade information
After registering a -5.56% downside in the latest session, Amer Sports Inc (AS) has traded red over the past five days. The 5-day price performance for the stock is -7.29%, and -15.57% over 30 days. With these gigs, the year-to-date price performance is -18.53%. Short interest in Amer Sports Inc (NYSE:AS) saw shorts transact 13.1 million shares and set a 2.98 days time to cover.
The extremes give us $25 and $37 for target low and target high price respectively. As such, AS has been trading -62.42% off suggested target high and -9.75% from its likely low.
Amer Sports Inc (AS) estimates and forecasts
The rating firms project that company’s revenue will grow 14.83% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 1.38B. Meanwhile, for the current quarter, a total of 9 analyst(s) estimate revenue growth to 1.15B.Earnings reports from the last fiscal year show that sales brought in 1.18B and 993.8M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 16.86% before jumping 16.11% in the following quarter.
AS Dividends
Amer Sports Inc has its next earnings report out on 2025-Feb-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Amer Sports Inc (NYSE:AS)’s Major holders
Amer Sports Inc insiders hold 66.96% of total outstanding shares, with institutional holders owning 30.63% of the shares at 92.70% float percentage. In total, 30.63% institutions holds shares in the company, led by FOUNTAINVEST CHINA CAPITAL PARTNERS GP3 LTD.. As of 2024-06-30, the company held over 69.1 million shares (or 13.6763% of shares), all amounting to roughly $868.58 million.
The next major institution holding the largest number of shares is BROWN ADVISORY INC with 5.29 million shares, or about 1.0474% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $66.52 million.
We also have Fidelity Securities Fund-Fidelity Blue Chip Growth Fund and Fidelity Contrafund as the top two Mutual Funds with the largest holdings of the Amer Sports Inc (AS) shares. Going by data provided on Feb 28, 2025 , Fidelity Securities Fund-Fidelity Blue Chip Growth Fund holds roughly 4.7 shares. This is just over 0.85% of the total shares, with a market valuation of $106.38 million. Data from the same date shows that the other fund manager holds a little less at 4.18, or 0.76% of the shares, all valued at about 94.63 million.
