Amer Sports (NYSE:AS) Updates FY 2025 Earnings Guidance

Amer Sports (NYSE:AS) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.640-0.690 for the period, compared to the consensus earnings per share estimate of 0.670. The company issued revenue guidance of $5.9 billion-$6.0 billion, compared to the consensus revenue estimate of $5.9 billion. Amer Sports also updated its FY25 guidance to $0.64-$0.69 EPS.

Analyst Ratings Changes

Several research firms have weighed in on AS. Sanford C. Bernstein began coverage on Amer Sports in a research note on Thursday, February 13th. They set an “outperform” rating and a $38.00 target price on the stock. Citigroup boosted their price target on Amer Sports from $24.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Hsbc Global Res cut Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 16th. Morgan Stanley upped their target price on Amer Sports from $19.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 21st. Finally, UBS Group upped their target price on Amer Sports from $37.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Amer Sports presently has a consensus rating of “Moderate Buy” and an average price target of $31.50.

Amer Sports Stock Performance

Shares of NYSE AS traded down $0.69 during trading hours on Thursday, reaching $29.63. The stock had a trading volume of 1,110,927 shares, compared to its average volume of 3,022,829. The business’s fifty day moving average is $30.05 and its two-hundred day moving average is $22.48. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.62 and a quick ratio of 0.77. The company has a market cap of $16.19 billion and a price-to-earnings ratio of -211.72. Amer Sports has a twelve month low of $10.11 and a twelve month high of $34.00.

Amer Sports (NYSE:AS) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.17. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.60 billion. Amer Sports’s revenue for the quarter was up 23.2% compared to the same quarter last year. As a group, research analysts expect that Amer Sports will post 0.46 EPS for the current year.

About Amer Sports

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.