Amer Sports’ (AS) Buy Rating Reiterated at BTIG Research

BTIG Research reissued their buy rating on shares of Amer Sports (NYSE:AS) in a research report sent to investors on Friday,Benzinga reports. They currently have a $42.00 price target on the stock.

AS has been the subject of several other research reports. Piper Sandler reiterated an “overweight” rating on shares of Amer Sports in a research note on Wednesday, August 19th. JPMorgan Chase & Co. boosted their target price on Amer Sports from $59.00 to $64.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Truist Financial reduced their target price on Amer Sports from $50.00 to $42.00 and set a “buy” rating for the company in a report on Wednesday, August 19th. UBS Group reaffirmed a “buy” rating on shares of Amer Sports in a research report on Thursday. Finally, Weiss Ratings lowered Amer Sports from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Amer Sports has an average rating of “Moderate Buy” and an average target price of $45.06.

Amer Sports Trading Down 0.1%

NYSE AS opened at $26.71 on Friday. The firm has a market capitalization of $14.80 billion, a P/E ratio of 28.12, a PEG ratio of 0.85 and a beta of 1.99. The business has a fifty day simple moving average of $32.45 and a 200 day simple moving average of $33.85. Amer Sports has a 12 month low of $26.10 and a 12 month high of $42.76. The company has a current ratio of 1.76, a quick ratio of 0.80 and a debt-to-equity ratio of 0.11.

Amer Sports (NYSE:AS) last issued its quarterly earnings data on Monday, August 17th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.11. Amer Sports had a return on equity of 11.18% and a net margin of 7.35%.The business had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same period last year, the business earned $0.03 EPS. The business’s revenue was up 32.1% on a year-over-year basis. On average, analysts predict that Amer Sports will post 1.3 EPS for the current fiscal year.

Insider Transactions at Amer Sports

In other news, CFO Andrew E. Page sold 2,022 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $28.63, for a total transaction of $57,889.86. Following the completion of the transaction, the chief financial officer directly owned 6,575 shares of the company’s stock, valued at $188,242.25. This represents a 23.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Wen-Chang Chen sold 117,461 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $26.60, for a total transaction of $3,124,462.60. Following the sale, the insider owned 434,855 shares of the company’s stock, valued at approximately $11,567,143. The trade was a 21.27% decrease in their position. The disclosure for this sale is available in the SEC filing.

Hedge Funds Weigh In On Amer Sports

Several institutional investors have recently bought and sold shares of AS. EverSource Wealth Advisors LLC lifted its position in shares of Amer Sports by 84.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 761 shares of the company’s stock valued at $25,000 after buying an additional 348 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Amer Sports by 1,030.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 814 shares of the company’s stock worth $30,000 after acquiring an additional 742 shares during the period. Global Retirement Partners LLC increased its holdings in Amer Sports by 5,600.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,824 shares of the company’s stock worth $68,000 after acquiring an additional 1,792 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Amer Sports in the 2nd quarter worth about $99,000. Finally, PNC Financial Services Group Inc. raised its stake in Amer Sports by 135.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,090 shares of the company’s stock valued at $102,000 after acquiring an additional 1,777 shares during the period. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Key Amer Sports News

Here are the key news stories impacting Amer Sports this week:

• Positive Sentiment: Amer Sports raised its third-quarter 2026 guidance, indicating stronger-than-expected momentum across Arc’teryx, Salomon and its other premium brands. The company also updated its long-term financial objectives, providing investors with greater visibility into its growth strategy. Amer Sports raises Q3 2026 outlook
• Positive Sentiment: BTIG Research reaffirmed its “buy” rating and set a $42 price target, implying considerable potential appreciation from current levels. BTIG Research rating
• Positive Sentiment: Amer Sports is targeting $3 billion in annual Salomon sales by 2028. Investors may view this as evidence that Salomon can become a major long-term growth engine alongside Arc’teryx. Amer Sports targets $3 billion in Salomon sales
• Positive Sentiment: UBS said the improved third-quarter outlook supports its fiscal 2026 estimates. Commentary also highlighted Amer Sports’ roughly 60% gross margins, diversified brand portfolio and net-cash position as financial strengths. UBS commentary on Amer Sports guidance
• Neutral Sentiment: Wells Fargo lowered its price target from $45 to $40 but maintained an “overweight” rating. The target reduction may reflect more cautious valuation assumptions, while the rating indicates continued confidence in the company’s fundamentals. Wells Fargo Amer Sports price target
• Negative Sentiment: Insider Wen-Chang Chen sold 117,461 shares worth approximately $3.1 million, reducing his direct ownership by 21.27%. Although he retained a substantial stake, the sale may weigh on sentiment while the stock trades near its annual low. Amer Sports insider sale
• Negative Sentiment: Investors remain exposed to trade-policy volatility and potential tariffs, which could pressure costs, margins and international demand despite the company’s strong brand momentum. Amer Sports 2026 outlook

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.