Amer Sports Inc (NYSE: AS) is -8.44% lower on its value in year-to-date trading and has touched a low of $10.11 and a high of $34.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AS stock was last observed hovering at around $26.92 in the last trading session, with the day’s loss setting it -1.32%.
Currently trading at $25.60, the stock is -12.78% and -14.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.01 million and changing -4.90% at the moment leaves the stock 28.69% off its SMA200. AS registered 68.87% gain for a year compared to 6-month gain of 81.17%.
The stock witnessed a -21.40% loss in the last 1 month and extending the period to 3 months gives it a 0.04%, and is -14.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.95% over the week and 5.68% over the month.
Amer Sports Inc (AS) has around 11400 employees, a market worth around $14.17B and $5.17B in sales. Current P/E ratio is 179.15 and Fwd P/E is 27.17. Profit margin for the company is 1.41%. Distance from 52-week low is 153.21% and -24.71% from its 52-week high. The company has generated returns on investments over the last 12 months (1.14%).
with sales reaching $1.38B over the same period.The EPS is expected to grow by 46.89% this year, but quarterly earnings will post 14.92% year-over-year. Quarterly sales are estimated to grow 16.80% in year-over-year returns.
Amer Sports Inc (AS) Top Institutional Holders
The shares outstanding are 546.36M, and float is at 106.55M with Short Float at 5.93%.
The top institutional shareholder in the company is FOUNTAINVEST CHINA CAPITAL PARTNERS GP3 LTD. with over 69.1 million shares valued at $868.58 million. The investor’s holdings represent 13.6763% of the AS Shares outstanding. As of 2024-06-30, the second largest holder is BROWN ADVISORY INC with 5.29 million shares valued at $66.52 million to account for 1.0474 of the shares outstanding. The other top investors are CANDLESTICK CAPITAL MANAGEMENT LP which holds 4.07 million shares representing 0.8057% and valued at over $51.17 million, while HOOD RIVER CAPITAL MANAGEMENT LLC holds 0.7713 of the shares totaling 3.9 million with a market value of $48.98 million.
Amer Sports Inc (AS) Insider Activity
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