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

Key Points

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Amer Sports (NYSE:AS - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.770-0.820 for the period, compared to the consensus EPS estimate of 0.772. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.1 billion. Amer Sports also updated its Q3 2025 guidance to 0.200-0.220 EPS.

Amer Sports Price Performance

Shares of AS traded up $4.30 during mid-day trading on Friday, reaching $41.50. 9,367,222 shares of the company's stock were exchanged, compared to its average volume of 4,178,347. The company has a quick ratio of 0.80, a current ratio of 1.60 and a debt-to-equity ratio of 0.24. The company has a 50-day simple moving average of $37.95 and a two-hundred day simple moving average of $32.18. Amer Sports has a 52-week low of $13.16 and a 52-week high of $41.56. The company has a market cap of $22.98 billion, a price-to-earnings ratio of 101.22, a PEG ratio of 1.39 and a beta of 3.31.

Amer Sports (NYSE:AS - Get Free Report) last released its earnings results on Tuesday, August 19th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.04. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.18 billion. Amer Sports had a net margin of 3.93% and a return on equity of 6.87%. The firm's quarterly revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.05 EPS. Amer Sports has set its FY 2025 guidance at 0.770-0.820 EPS. Q3 2025 guidance at 0.200-0.220 EPS. On average, sell-side analysts predict that Amer Sports will post 0.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AS has been the topic of a number of recent research reports. KGI Securities set a $44.30 target price on shares of Amer Sports and gave the company an "outperform" rating in a report on Wednesday, June 25th. TD Securities lifted their price objective on Amer Sports from $30.00 to $41.00 and gave the company a "buy" rating in a research report on Wednesday, May 21st. Robert W. Baird lifted their price objective on Amer Sports from $44.00 to $45.00 and gave the company an "outperform" rating in a research report on Wednesday. UBS Group lifted their price objective on Amer Sports from $50.00 to $52.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, Citigroup reaffirmed a "buy" rating and issued a $42.00 price objective (up previously from $30.00) on shares of Amer Sports in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $40.29.

Institutional Trading of Amer Sports

A number of institutional investors have recently modified their holdings of AS. Scopus Asset Management L.P. purchased a new stake in shares of Amer Sports during the 2nd quarter worth about $108,562,000. Balyasny Asset Management L.P. purchased a new stake in shares of Amer Sports during the 2nd quarter worth about $87,287,000. BNP Paribas Financial Markets grew its holdings in shares of Amer Sports by 244.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,533,612 shares of the company's stock worth $98,203,000 after purchasing an additional 1,798,170 shares during the period. Viking Global Investors LP grew its holdings in shares of Amer Sports by 64.8% during the 2nd quarter. Viking Global Investors LP now owns 3,880,649 shares of the company's stock worth $150,414,000 after purchasing an additional 1,526,314 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of Amer Sports by 15,325.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,387,213 shares of the company's stock worth $53,768,000 after purchasing an additional 1,378,220 shares during the period. Hedge funds and other institutional investors own 40.25% of the company's stock.

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.