Analysts Set Amer Sports, Inc. (NYSE:AS) PT at $47.12

Shares of Amer Sports, Inc. (NYSE:AS) have earned an average recommendation of “Buy” from the nineteen analysts that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $47.1235.

A number of equities research analysts have recently commented on AS shares. Weiss Ratings upgraded shares of Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, April 27th. Evercore lifted their price target on shares of Amer Sports from $50.00 to $51.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Piper Sandler restated an “overweight” rating on shares of Amer Sports in a report on Friday, February 20th. UBS Group restated a “buy” rating on shares of Amer Sports in a report on Friday, March 13th. Finally, Zacks Research downgraded shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th.

Amer Sports Stock Performance

Shares of NYSE AS opened at $35.97 on Wednesday. The company has a market cap of $19.92 billion, a PE ratio of 47.96, a price-to-earnings-growth ratio of 1.43 and a beta of 2.16. Amer Sports has a 12 month low of $26.90 and a 12 month high of $42.76. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76. The company has a 50-day simple moving average of $34.72 and a 200-day simple moving average of $35.70.

Amer Sports (NYSE:AS) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.99 billion. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The company’s quarterly revenue was up 28.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.17 earnings per share. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. On average, equities analysts anticipate that Amer Sports will post 1.16 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Stuart Haselden sold 11,438 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total value of $414,741.88. Following the completion of the sale, the chief executive officer directly owned 15,275 shares in the company, valued at approximately $553,871.50. The trade was a 42.82% decrease in their ownership of the stock. The transaction 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. Also, CFO Andrew E. Page sold 6,005 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total transaction of $217,741.30. Following the completion of the sale, the chief financial officer owned 11,828 shares of the company’s stock, valued at approximately $428,883.28. The trade was a 33.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 27,125 shares of company stock valued at $956,673.

Institutional Investors Weigh In On Amer Sports

Institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. lifted its position in Amer Sports by 135.3% during the first quarter. PNC Financial Services Group Inc. now owns 3,090 shares of the company’s stock valued at $102,000 after buying an additional 1,777 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Amer Sports by 37.8% during the first quarter. Dimensional Fund Advisors LP now owns 64,561 shares of the company’s stock valued at $2,125,000 after buying an additional 17,705 shares in the last quarter. C WorldWide Group Holding A S acquired a new position in Amer Sports during the first quarter valued at approximately $6,924,000. Allspring Global Investments Holdings LLC acquired a new position in Amer Sports during the first quarter valued at approximately $26,491,000. Finally, True Light Capital Pte. Ltd. lifted its position in Amer Sports by 39.8% during the first quarter. True Light Capital Pte. Ltd. now owns 457,150 shares of the company’s stock valued at $15,049,000 after buying an additional 130,150 shares in the last quarter. 40.25% of the stock is currently owned by hedge funds and other institutional investors.

Amer Sports Company Profile

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).