At the time of writing, Amer Sports Inc [AS] stock is trading at $18.71, up 4.99%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AS shares have gain 4.06% over the last week, with a monthly amount glided 8.72%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Amer Sports Inc [NYSE: AS] stock has seen the most recent analyst activity on October 14, 2024, when Wells Fargo downgraded its rating to a Equal Weight and also boosted its price target to $19 from $17. Previously, Bernstein downgraded its rating to Mkt Perform on April 08, 2024. On February 26, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $19 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $23 on February 26, 2024. TD Cowen initiated its recommendation with a Outperform and recommended $18 as its price target on February 26, 2024. Robert W. Baird started tracking with a Outperform rating for this stock on February 26, 2024, and assigned it a price target of $20. In a note dated February 26, 2024, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $16 on this stock.
For the past year, the stock price of Amer Sports Inc fluctuated between $10.11 and $19.73. 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 $18.71 at the most recent close of the market. An investor can expect a potential return of 2.46% based on the average AS price forecast.
Analyzing the AS fundamentals
According to Amer Sports Inc [NYSE:AS], the company’s sales were 4.64B for trailing twelve months, which represents an 15.99% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.54.
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 18.10 points at the first support level, and at 17.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.20, and for the 2nd resistance point, it is at 19.70.
Ratios To Look Out For
It is important to note that Amer Sports Inc [NYSE:AS] has a current ratio of 1.87. As well, the Quick Ratio is 0.81, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 2.03, the price to book ratio is 2.36.
