Amer Sports (AS) Projected to Post Earnings on Tuesday

Amer Sports (NYSE:AS - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 20th. Analysts expect Amer Sports to post earnings of $0.15 per share and revenue of $1.38 billion for the quarter.

Amer Sports (NYSE:AS - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The company reported $0.17 EPS for the quarter, hitting analysts' consensus estimates of $0.17. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.60 billion. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. Amer Sports's revenue for the quarter was up 23.2% on a year-over-year basis. On average, analysts expect Amer Sports to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Amer Sports Stock Down 1.5%

Shares of NYSE:AS traded down $0.46 during mid-day trading on Thursday, hitting $30.83. 5,485,403 shares of the company traded hands, compared to its average volume of 2,640,420. The firm has a market cap of $17.08 billion, a P/E ratio of -220.20, a PEG ratio of 0.72 and a beta of 2.76. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.77 and a current ratio of 1.62. Amer Sports has a 52-week low of $10.11 and a 52-week high of $34.00. The firm's 50 day simple moving average is $25.59 and its 200 day simple moving average is $26.54.

Analysts Set New Price Targets

Several brokerages recently commented on AS. Morgan Stanley raised their target price on Amer Sports from $19.00 to $27.00 and gave the company an "equal weight" rating in a report on Tuesday, January 21st. Citigroup dropped their target price on Amer Sports from $36.00 to $30.00 and set a "buy" rating on the stock in a report on Monday, April 28th. JPMorgan Chase & Co. raised their target price on Amer Sports from $33.00 to $34.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. Sanford C. Bernstein began coverage on Amer Sports in a report on Thursday, February 13th. They set an "outperform" rating and a $38.00 target price on the stock. Finally, The Goldman Sachs Group dropped their target price on Amer Sports from $33.00 to $28.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $31.55.

Amer Sports Company Profile

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.