Amer Sports Inc (NYSE: AS) is -8.55% 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 $25.72 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $25.57, the stock is 9.12% and -1.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.79 million and changing -0.58% at the moment leaves the stock 15.04% off its SMA200. AS registered 76.59% gain for a year compared to 6-month gain of 43.25%.
The stock witnessed a 7.75% loss in the last 1 month and extending the period to 3 months gives it a -19.24%, and is 5.49% up 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 3.83% over the week and 6.46% over the month.
Amer Sports Inc (AS) has around 13400 employees, a market worth around $14.16B and $5.17B in sales. Current P/E ratio is 180.96 and Fwd P/E is 28.56. Profit margin for the company is 1.41%. Distance from 52-week low is 152.92% and -24.79% from its 52-week high. The company has generated returns on investments over the last 12 months (1.17%).
The EPS is expected to grow by 42.41% this year.
Amer Sports Inc (AS) Top Institutional Holders
The shares outstanding are 553.63M, and float is at 108.01M with Short Float at 12.99%.
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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Still, SEC filings show that on Apr 16 ’25, Page Andrew E (Officer) Proposed Sale 6,086 shares at an average price of $22.36 for $0.14 million. The insider now directly holds shares of Amer Sports Inc (AS).
