Amer Sports (AS) Projected to Post Earnings on Tuesday

Key Points

• Amer Sports is set to release its Q2 2025 earnings on August 19th, with analysts expecting $0.02 per share in earnings and $1.18 billion in revenue for the quarter.
• In its last report, Amer Sports reported a net revenue increase of 24.5% year-over-year, achieving $1.47 billion in revenue and earnings of $0.27 per share, outperforming analyst expectations.
• Goldman Sachs and JPMorgan have recently raised their price targets for Amer Sports shares to $45.00 and $46.00 respectively, indicating a positive outlook among several analysts.

Amer Sports (NYSE:AS - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, August 19th. Analysts expect Amer Sports to post earnings of $0.02 per share and revenue of $1.18 billion for the quarter. Amer Sports has set its Q2 2025 guidance at 0.000-0.020 EPS and its FY 2025 guidance at 0.670-0.720 EPS.

Amer Sports (NYSE:AS - Get Free Report) last released its quarterly earnings data on Tuesday, May 20th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.15 by $0.12. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.38 billion. Amer Sports had a net margin of 3.70% and a return on equity of 7.21%. Amer Sports's quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.08 earnings per share. 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 Trading Up 1.9%

AS stock traded up $0.72 during trading on Friday, hitting $38.64. The company had a trading volume of 2,366,223 shares, compared to its average volume of 3,921,597. The firm has a market capitalization of $21.40 billion, a P/E ratio of 104.42, a PEG ratio of 1.59 and a beta of 3.31. Amer Sports has a 52-week low of $11.31 and a 52-week high of $40.21. The company has a 50 day simple moving average of $37.88 and a 200-day simple moving average of $31.94. The company has a quick ratio of 0.80, a current ratio of 1.66 and a debt-to-equity ratio of 0.24.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its position in Amer Sports by 276.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,364 shares of the company's stock worth $130,000 after acquiring an additional 2,470 shares during the period. Raymond James Financial Inc. acquired a new position in Amer Sports during the 2nd quarter worth $256,000. Federated Hermes Inc. boosted its position in Amer Sports by 1,399.2% during the 2nd quarter. Federated Hermes Inc. now owns 9,295 shares of the company's stock worth $360,000 after acquiring an additional 8,675 shares during the period. California State Teachers Retirement System boosted its position in Amer Sports by 135.1% during the 2nd quarter. California State Teachers Retirement System now owns 9,410 shares of the company's stock worth $365,000 after acquiring an additional 5,407 shares during the period. Finally, Sandia Investment Management LP boosted its position in Amer Sports by 300.0% during the 2nd quarter. Sandia Investment Management LP now owns 10,000 shares of the company's stock worth $388,000 after acquiring an additional 7,500 shares during the period. 40.25% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AS. Piper Sandler assumed coverage on shares of Amer Sports in a research note on Thursday, June 26th. They issued an "overweight" rating and a $45.00 target price for the company. Wells Fargo & Company set a $35.00 price target on shares of Amer Sports and gave the stock an "equal weight" rating in a research report on Wednesday, May 21st. UBS Group reissued a "buy" rating and set a $50.00 price target (up from $37.00) on shares of Amer Sports in a research report on Wednesday, May 21st. The Goldman Sachs Group raised their price target on shares of Amer Sports from $44.00 to $45.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Finally, Citigroup reissued a "buy" rating and set a $42.00 price target (up from $30.00) on shares of Amer Sports in a research report on Wednesday, May 21st. Five investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Amer Sports currently has an average rating of "Moderate Buy" and an average target price of $38.74.

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.