Amer Sports Inc [AS] stock prices are down -0.90% to $30.78 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The AS shares have gain 6.58% over the last week, with a monthly amount glided 11.16%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Amer Sports Inc [NYSE: AS] stock has seen the most recent analyst activity on December 16, 2024, when HSBC Securities downgraded its rating to a Hold but kept the price target unchanged to $30 for it. Previously, Wells Fargo downgraded its rating to Equal Weight on October 14, 2024, and elevated its price target to $19. On April 08, 2024, downgrade downgraded it’s rating to Mkt Perform. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $19 on February 26, 2024. UBS initiated its recommendation with a Buy and recommended $23 as its price target on February 26, 2024. TD Cowen started tracking with a Outperform rating for this stock on February 26, 2024, and assigned it a price target of $18. In a note dated February 26, 2024, Robert W. Baird initiated an Outperform rating and provided a target price of $20 on this stock.
The stock price of Amer Sports Inc [AS] has been fluctuating between $10.11 and $31.32 over the past year. Currently, Wall Street analysts expect the stock to reach $25.25 within the next 12 months. Amer Sports Inc [NYSE: AS] shares were valued at $30.78 at the most recent close of the market. An investor can expect a potential drop of -17.97% based on the average AS price forecast.
Analyzing the AS fundamentals
The Amer Sports Inc [NYSE:AS] reported sales of 4.85B for trailing twelve months, representing a surge of 18.10%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.68.
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 30.34 points at the first support level, and at 29.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.41, and for the 2nd resistance point, it is at 32.04.
Ratios To Look Out For
It’s worth pointing out that Amer Sports Inc [NYSE:AS]’s Current Ratio is 1.62. On the other hand, the Quick Ratio is 0.77, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 3.47, the price to book ratio is 3.79.
