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

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 0.670-0.720 for the period, compared to the consensus EPS estimate of 0.690. The company issued revenue guidance of $6.0 billion-$6.1 billion, compared to the consensus revenue estimate of $5.9 billion. Amer Sports also updated its Q2 2025 guidance to 0.000-0.020 EPS.

Amer Sports Stock Performance

AS stock traded up $0.51 during mid-day trading on Thursday, reaching $37.51. 6,653,127 shares of the stock traded hands, compared to its average volume of 2,776,290. The company has a quick ratio of 0.77, a current ratio of 1.62 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 business has a 50-day moving average of $26.44 and a two-hundred day moving average of $27.21. The firm has a market capitalization of $20.77 billion, a PE ratio of -267.91, a P/E/G ratio of 0.72 and a beta of 2.76.

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AS shares. JPMorgan Chase & Co. increased their target price on shares of Amer Sports from $33.00 to $34.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. Morgan Stanley increased their price target on shares of Amer Sports from $28.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Wells Fargo & Company increased their price target on shares of Amer Sports from $25.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Wednesday. TD Securities increased their price target on shares of Amer Sports from $30.00 to $41.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, UBS Group increased their price target on shares of Amer Sports from $37.00 to $50.00 and gave the stock a "buy" rating in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $36.67.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Amer Sports stock. AQR Capital Management LLC purchased a new stake in shares of Amer Sports, Inc. (NYSE:AS - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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.