Amer Sports (NYSE:AS) Updates Q2 2025 Earnings Guidance

Amer Sports (NYSE:AS - Get Free Report) issued an update on its second quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.000-0.020 for the period, compared to the consensus earnings per share estimate of 0.020. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Amer Sports also updated its FY 2025 guidance to 0.670-0.720 EPS.

Amer Sports Trading Down 1.0%

AS stock traded down $0.38 during midday trading on Friday, hitting $37.12. The company had a trading volume of 2,969,817 shares, compared to its average volume of 2,790,506. 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 52 week low of $10.11 and a 52 week high of $38.42. The stock's 50 day moving average price is $26.62 and its 200 day moving average price is $27.40. The stock has a market cap of $20.56 billion, a price-to-earnings ratio of -265.09, a PEG ratio of 0.72 and a beta of 2.76.

Amer Sports (NYSE:AS - Get Free Report) last announced its earnings results on Tuesday, May 20th. The company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.12. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.38 billion. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. The firm's revenue for the quarter was up 24.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.08 earnings per share. As a group, equities research analysts expect that Amer Sports will post 0.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wall Street Zen upgraded Amer Sports from a "hold" rating to a "buy" rating in a report on Saturday. UBS Group reissued a "buy" rating and issued a $50.00 target price (up from $37.00) on shares of Amer Sports in a research note on Wednesday. JPMorgan Chase & Co. increased their target price on Amer Sports from $33.00 to $34.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. Wells Fargo & Company set a $35.00 target price on Amer Sports and gave the stock an "equal weight" rating in a research note on Wednesday. Finally, Sanford C. Bernstein initiated coverage on Amer Sports in a research report on Thursday, February 13th. They set an "outperform" rating and a $38.00 price objective on the stock. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $36.67.

Hedge Funds Weigh In On Amer Sports

A hedge fund recently bought a new stake in Amer Sports stock. AQR Capital Management LLC bought a new position in Amer Sports, Inc. (NYSE:AS - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 21,125 shares of the company's stock, valued at approximately $565,000. Institutional investors and hedge funds own 40.25% of the company's stock.

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.