Amer Sports, Inc. (NYSE:AS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Amer Sports, Inc. (NYSE:AS) has been assigned an average rating of “Moderate Buy” from the seventeen research firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $45.92.

A number of analysts recently commented on AS shares. Barclays lifted their target price on shares of Amer Sports from $49.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. BMO Capital Markets started coverage on shares of Amer Sports in a research note on Tuesday, September 8th. They set an “outperform” rating and a $38.00 price objective on the stock. BTIG Research assumed coverage on Amer Sports in a research report on Thursday, September 10th. They set a “buy” rating and a $42.00 price target on the stock. Robert W. Baird set a $51.00 target price on shares of Amer Sports in a research note on Wednesday, May 20th. Finally, Morgan Stanley assumed coverage on Amer Sports in a report on Thursday. They issued an “equal weight” rating and a $31.00 price objective on the stock.

Amer Sports Stock Performance

Shares of Amer Sports stock opened at $27.58 on Tuesday. Amer Sports has a one year low of $27.21 and a one year high of $42.76. The company has a 50-day simple moving average of $33.05 and a two-hundred day simple moving average of $34.17. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.80 and a current ratio of 1.76. The company has a market capitalization of $15.27 billion, a PE ratio of 29.03, a P/E/G ratio of 0.90 and a beta of 1.99.

Amer Sports (NYSE:AS) last announced its earnings results on Tuesday, August 18th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.11. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. Amer Sports had a net margin of 7.35% and a return on equity of 11.18%. Amer Sports’s revenue was up 32.1% compared to the same quarter last year. During the same period last year, the firm earned $0.03 earnings per share. Amer Sports has set its FY 2026 guidance at 1.270-1.300 EPS and its Q3 2026 guidance at 0.310-0.330 EPS. Research analysts expect that Amer Sports will post 1.29 EPS for the current fiscal year.

Insider Activity at Amer Sports

In related news, CFO Andrew Page sold 2,022 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $28.63, for a total transaction of $57,889.86. Following the completion of the sale, the chief financial officer directly owned 6,575 shares in the company, valued at approximately $188,242.25. The trade was a 23.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Institutional Trading of Amer Sports

A number of hedge funds have recently bought and sold shares of AS. Junto Capital Management LP increased its holdings in shares of Amer Sports by 583.8% in the second quarter. Junto Capital Management LP now owns 3,099,673 shares of the company’s stock valued at $104,893,000 after purchasing an additional 2,646,364 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in Amer Sports by 25.8% in the second quarter. Sequoia Financial Advisors LLC now owns 62,581 shares of the company’s stock valued at $2,118,000 after buying an additional 12,833 shares during the last quarter. Tidal Investments LLC lifted its holdings in shares of Amer Sports by 45.9% in the 2nd quarter. Tidal Investments LLC now owns 12,369 shares of the company’s stock worth $419,000 after acquiring an additional 3,890 shares during the last quarter. C WorldWide Group Holding A S lifted its stake in Amer Sports by 41.0% during the second quarter. C WorldWide Group Holding A S now owns 296,653 shares of the company’s stock worth $10,039,000 after purchasing an additional 86,327 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in Amer Sports during the 2nd quarter valued at about $99,000. Institutional investors and hedge funds own 40.25% of the company’s stock.

Amer Sports Company Profile

Amer Sports, Inc (NYSE: AS) is a global sporting goods company that designs, manufactures and markets equipment, apparel, footwear and accessories for outdoor, action sports and team sports. Its products are sold through wholesale partners, company-operated stores and digital channels across North America, Europe, Asia and other international markets.

The company’s brand portfolio includes Arc’teryx, which focuses on premium outdoor apparel and equipment; Salomon, known for mountain sports footwear and equipment; Wilson, which serves tennis, pickleball, baseball, basketball and other team sports; Atomic, which specializes in skiing products; and Peak Performance and Armada, which offer outdoor and winter sports apparel and equipment.

Amer Sports traces its origins to 1950 in Finland, where it was established as Amer-Yhtymä before developing into a diversified sporting goods group.