Amer Sports (NYSE:AS) Issues FY 2025 Earnings Guidance

Amer Sports (NYSE:AS) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.640-0.690 for the period, compared to the consensus earnings per share estimate of 0.670. The company issued revenue guidance of $5.9 billion-$6.0 billion, compared to the consensus revenue estimate of $5.9 billion. Amer Sports also updated its FY25 guidance to $0.64-$0.69 EPS.

Analyst Upgrades and Downgrades

AS has been the topic of a number of research analyst reports. HSBC cut Amer Sports from a “buy” rating to a “hold” rating and set a $30.00 target price on the stock. in a research note on Monday, December 16th. JPMorgan Chase & Co. increased their price objective on Amer Sports from $19.00 to $26.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. UBS Group boosted their target price on Amer Sports from $27.00 to $37.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. TD Cowen increased their price target on shares of Amer Sports from $29.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Finally, Citigroup boosted their price objective on shares of Amer Sports from $24.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Four analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Amer Sports presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.86.

Amer Sports Price Performance

AS stock opened at $28.91 on Wednesday. The stock has a market capitalization of $15.80 billion and a price-to-earnings ratio of -206.49. The firm’s 50-day moving average price is $30.00 and its two-hundred day moving average price is $22.42. The company has a current ratio of 1.62, a quick ratio of 0.77 and a debt-to-equity ratio of 0.58. Amer Sports has a 12-month low of $10.11 and a 12-month high of $34.00.

Amer Sports (NYSE:AS) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.17. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.60 billion. The business’s quarterly revenue was up 23.2% on a year-over-year basis. As a group, equities analysts predict that Amer Sports will post 0.46 earnings per share for the current year.

About Amer Sports

Amer Sports, Inc designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.