Amer Sports Inc (NYSE: AS) is -16.99% 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 $22.25 in the last trading session, with the day’s gains setting it 0.96%.
Currently trading at $23.21, the stock is -3.52% and -13.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.29 million and changing 4.31% at the moment leaves the stock 7.29% off its SMA200. AS registered 68.55% gain for a year compared to 6-month gain of 22.80%. The firm has a 50-day simple moving average (SMA 50) of $27.106 and a 200-day simple moving average (SMA200) of $21.57735.
The stock witnessed a -21.24% loss in the last 1 month and extending the period to 3 months gives it a -24.59%, and is 2.47% 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 5.40% over the week and 7.37% over the month.
Amer Sports Inc (AS) has around 13400 employees, a market worth around $12.32B and $5.17B in sales. Current P/E ratio is 164.26 and Fwd P/E is 25.11. Profit margin for the company is 1.41%. Distance from 52-week low is 129.57% and -31.74% 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 45.22% this year, but quarterly earnings will post 14.82% year-over-year. Quarterly sales are estimated to grow 16.86% in year-over-year returns.
276.0 institutions hold shares in Amer Sports Inc (AS), with institutional investors hold 94.36% of the company’s shares. The shares outstanding are 553.63M, and float is at 108.01M with Short Float at 12.09%. Institutions hold 31.18% 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
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).
