Brokerages Set Amer Sports, Inc. (NYSE:AS) Target Price at $47.12

Amer Sports, Inc. (NYSE:AS) has been assigned a consensus rating of “Buy” from the nineteen research firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $47.1235.

Several equities analysts recently commented on the stock. UBS Group restated a “buy” rating on shares of Amer Sports in a research note on Friday, March 13th. Weiss Ratings restated a “hold (c)” rating on shares of Amer Sports in a research note on Friday, March 27th. Evercore upped their price target on shares of Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. Piper Sandler restated an “overweight” rating on shares of Amer Sports in a research note on Friday, February 20th. Finally, Truist Financial set a $49.00 price target on shares of Amer Sports in a research note on Wednesday, February 25th.

Amer Sports Price Performance

Shares of AS opened at $35.21 on Friday. The firm has a market capitalization of $19.50 billion, a PE ratio of 46.95, a PEG ratio of 1.40 and a beta of 2.81. The company’s 50-day moving average is $35.75 and its 200-day moving average is $35.38. Amer Sports has a fifty-two week low of $21.06 and a fifty-two week high of $42.76. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76.

Amer Sports (NYSE:AS) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The company’s revenue was up 28.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.17 earnings per share. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. Equities analysts forecast that Amer Sports will post 0.46 EPS for the current year.

Insider Activity

In related news, CEO Stuart Haselden sold 6,511 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $33.28, for a total value of $216,686.08. Following the transaction, the chief executive officer directly owned 5,448 shares in the company, valued at approximately $181,309.44. This represents a 54.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Andrew E. Page sold 2,052 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $33.28, for a total transaction of $68,290.56. Following the completion of the transaction, the chief financial officer owned 4,083 shares in the company, valued at $135,882.24. This trade represents a 33.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,020 shares of company stock worth $300,186 over the last 90 days.

Hedge Funds Weigh In On Amer Sports

Several institutional investors and hedge funds have recently modified their holdings of the business. Federation des caisses Desjardins du Quebec grew its stake in Amer Sports by 10.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,466 shares of the company’s stock worth $167,000 after buying an additional 405 shares in the last quarter. Choreo LLC grew its stake in Amer Sports by 4.9% during the fourth quarter. Choreo LLC now owns 9,387 shares of the company’s stock worth $354,000 after buying an additional 437 shares in the last quarter. Mackenzie Financial Corp grew its stake in Amer Sports by 1.1% during the third quarter. Mackenzie Financial Corp now owns 48,745 shares of the company’s stock worth $1,694,000 after buying an additional 540 shares in the last quarter. Moore Capital Management LP grew its stake in Amer Sports by 3.6% during the fourth quarter. Moore Capital Management LP now owns 18,572 shares of the company’s stock worth $694,000 after buying an additional 651 shares in the last quarter. Finally, Handelsbanken Fonder AB grew its stake in Amer Sports by 2.0% during the third quarter. Handelsbanken Fonder AB now owns 35,300 shares of the company’s stock worth $1,227,000 after buying an additional 700 shares in the last quarter. 40.25% of the stock is currently owned by institutional investors and hedge funds.

Amer Sports Company Profile

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).