Amer Sports (NYSE:AS) Issues FY25 Earnings Guidance

Amer Sports (NYSE:AS) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.64-$0.69 for the period, compared to the consensus estimate of $0.69. The company issued revenue guidance of $5.86-$5.96 billion, compared to the consensus revenue estimate of $5.90 billion. Amer Sports also updated its FY 2025 guidance to 0.640-0.690 EPS.

Analyst Ratings Changes

AS has been the topic of several analyst reports. Evercore ISI boosted their target price on Amer Sports from $26.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. HSBC cut shares of Amer Sports from a “buy” rating to a “hold” rating and set a $30.00 price target on the stock. in a research note on Monday, December 16th. Citigroup raised their price objective on shares of Amer Sports from $24.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Robert W. Baird increased their price target on shares of Amer Sports from $24.00 to $30.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Finally, Wells Fargo & Company boosted their price objective on shares of Amer Sports from $20.00 to $25.00 and gave the stock an “equal weight” rating in a report on Friday, December 20th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $28.64.

Amer Sports Stock Down 7.6 %

AS stock opened at $26.44 on Tuesday. The business’s 50-day moving average price is $29.98 and its 200-day moving average price is $22.18. The stock has a market cap of $14.45 billion and a P/E ratio of -188.06. The company has a quick ratio of 0.77, a current ratio of 1.62 and a debt-to-equity ratio of 0.58. Amer Sports has a twelve month low of $10.11 and a twelve month high of $34.00.

Amer Sports (NYSE:AS) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.59 billion. Amer Sports had a negative net margin of 0.74% and a positive return on equity of 3.15%. The business’s quarterly revenue was up 23.2% compared to the same quarter last year. On average, equities research analysts forecast 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.