A share price of Amer Sports Inc. [AS] is currently trading at $15.10, down -0.72%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AS shares have gain 1.68% over the last week, with a monthly amount glided 6.56%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Amer Sports Inc. [NYSE: AS] stock has seen the most recent analyst activity on April 08, 2024, when Bernstein downgraded its rating to a Mkt Perform. Previously, Wells Fargo started tracking the stock with Overweight rating on February 26, 2024, and set its price target to $19. On February 26, 2024, UBS initiated with a Buy rating and assigned a price target of $23 on the stock. TD Cowen started tracking the stock assigning a Outperform rating and suggested a price target of $18 on February 26, 2024. Robert W. Baird initiated its recommendation with a Outperform and recommended $20 as its price target on February 26, 2024. Morgan Stanley started tracking with a Equal-Weight rating for this stock on February 26, 2024, and assigned it a price target of $16. In a note dated February 26, 2024, JP Morgan initiated an Overweight rating and provided a target price of $19 on this stock.
Amer Sports Inc. experienced fluctuations in its stock price throughout the past year between $10.11 and $18.23. Currently, Wall Street analysts expect the stock to reach $19.17 within the next 12 months. Amer Sports Inc. [NYSE: AS] shares were valued at $15.10 at the most recent close of the market. An investor can expect a potential return of 26.95% based on the average AS price forecast.
Analyzing the AS fundamentals
Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.07 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.98 points at the first support level, and at 14.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.24, and for the 2nd resistance point, it is at 15.37.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Amer Sports Inc. [NYSE:AS] is 1.87. In addition, the Quick Ratio stands at 0.81 and the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 1.90.
