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

Amer Sports (NYSE:AS) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on AS. UBS Group increased their price objective on Amer Sports from $27.00 to $37.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Robert W. Baird increased their price target on Amer Sports from $24.00 to $30.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. TD Cowen boosted their price objective on Amer Sports from $29.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Evercore ISI increased their target price on shares of Amer Sports from $26.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Finally, HSBC lowered 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 report on Monday, December 16th. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $28.86.

Amer Sports Stock Up 1.1 %

Shares of NYSE:AS opened at $28.91 on Wednesday. The firm has a fifty day moving average price of $30.00 and a two-hundred day moving average price of $22.42. The company has a market cap of $15.80 billion and a price-to-earnings ratio of -206.49. 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 one year low of $10.11 and a one year high of $34.00.

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

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.