Amer Sports Inc (NYSE: AS) is -5.04% 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 $27.47 in the last trading session, with the day’s loss setting it -0.92%.
Currently trading at $26.55, the stock is -5.40% and -10.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.62 million and changing -3.35% at the moment leaves the stock 27.64% off its SMA200. AS registered 58.98% gain for a year compared to 6-month gain of 75.83%. The firm has a 50-day simple moving average (SMA 50) of $29.6222 and a 200-day simple moving average (SMA200) of $20.8008.
The stock witnessed a -7.04% loss in the last 1 month and extending the period to 3 months gives it a -7.75%, and is -8.10% 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 3.20% over the week and 4.76% over the month.
Amer Sports Inc (AS) has around 13400 employees, a market worth around $14.70B and $5.17B in sales. Current P/E ratio is 187.90 and Fwd P/E is 28.20. Profit margin for the company is 1.41%. Distance from 52-week low is 162.61% and -21.91% from its 52-week high. The company has generated returns on investments over the last 12 months (1.17%).
with sales reaching $1.38B over the same period.The EPS is expected to grow by 46.78% this year, but quarterly earnings will post 14.91% year-over-year. Quarterly sales are estimated to grow 16.80% in year-over-year returns.
Amer Sports Inc (AS) Top Institutional Holders
261.0 institutions hold shares in Amer Sports Inc (AS), with institutional investors hold 93.06% of the company’s shares. The shares outstanding are 553.63M, and float is at 108.01M with Short Float at 12.13%. Institutions hold 30.75% of the Float.
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 FMR LLC which holds 4.4 million shares representing 0.8708% and valued at over $55.3 million, while CANDLESTICK CAPITAL MANAGEMENT LP holds 0.8057 of the shares totaling 4.07 million with a market value of $51.17 million.
Amer Sports Inc (AS) Insider Activity
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