Amer Sports (NYSE:AS) Releases FY25 Earnings Guidance

Amer Sports (NYSE:AS) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $0.64-$0.69 for the period, compared to the consensus earnings per share 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.

Amer Sports Stock Performance

AS stock traded down $0.70 during trading on Thursday, hitting $29.61. 1,370,198 shares of the company traded hands, compared to its average volume of 3,031,321. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.62 and a quick ratio of 0.77. Amer Sports has a 1 year low of $10.11 and a 1 year high of $34.00. The stock’s 50-day simple moving average is $30.05 and its 200 day simple moving average is $22.48. The company has a market cap of $16.18 billion and a PE ratio of -211.45.

Amer Sports (NYSE:AS) last posted its earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. Amer Sports had a negative net margin of 0.74% and a positive return on equity of 3.15%. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.60 billion. Amer Sports’s revenue for the quarter was up 23.2% on a year-over-year basis. On average, equities analysts expect that Amer Sports will post 0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AS shares. Wells Fargo & Company lifted their price target on Amer Sports from $25.00 to $28.00 and gave the company an “equal weight” rating in a research note on Wednesday. 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 note on Tuesday, January 21st. Sanford C. Bernstein assumed coverage on shares of Amer Sports in a research note on Thursday, February 13th. They issued an “outperform” rating and a $38.00 price target on the stock. UBS Group increased their price objective on shares of Amer Sports from $37.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Hsbc Global Res cut shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 16th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Amer Sports presently has an average rating of “Moderate Buy” and a consensus price target of $31.50.

Amer Sports Company Profile

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.