Amer Sports, Inc. (AS)

NYSE: AS · Real-Time Price · USD
28.18
+0.68 (2.47%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.47%
Market Cap 14.25B
Revenue (ttm) 4.84B
Net Income (ttm) -35.80M
Shares Out 505.56M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 49.82
Dividend n/a
Ex-Dividend Date n/a
Volume 1,354,558
Open 27.34
Previous Close 27.50
Day's Range 27.18 - 28.62
52-Week Range 10.11 - 29.43
Beta n/a
Analysts Buy
Price Target 24.14 (-14.34%)
Earnings Date Feb 2, 2025

About AS

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. The Technical Apparel segment offers outdoor apparel, footwear, and accessories which includes climbing gear. The Outdoor Performance segment provides hiking and running footwear, functional apparel, skiing and snowboarding gear, and lifestyl... [Read more]

Industry Leisure
IPO Date Feb 1, 2024
Employees 11,400
Stock Exchange NYSE
Ticker Symbol AS
Full Company Profile

Financial Performance

In 2023, Amer Sports's revenue was $4.37 billion, an increase of 23.10% compared to the previous year's $3.55 billion. Losses were -$208.60 million, -17.45% less than in 2022.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for AS stock is "Buy." The 12-month stock price forecast is $24.14, which is a decrease of -14.34% from the latest price.

Price Target
$24.14
(-14.34% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Amer Sports, Inc. Announces Pricing of its Upsized Public Offering of 40,800,000 Ordinary Shares

HELSINKI, Finland--(BUSINESS WIRE)--Amer Sports, Inc. (NYSE: AS) (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today the pricing of its upsized public offering of 40,8...

16 days ago - Business Wire

Amer Sports, Inc. Announces Launch of a Public Offering of 34,000,000 Ordinary Shares

HELSINKI, Finland--(BUSINESS WIRE)--Amer Sports, Inc. (NYSE: AS) (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today the launch of a public offering of 34,000,000 ordi...

18 days ago - Business Wire

Amer Sports Q3 Earnings: Beat And Raise Again (Maintain Hold)

Amer Sports' Q3 2024 results exceeded expectations with 17% revenue growth, driven by Technical Apparel and a turnaround in the Ball & Racquet segment. The company raised its FY 2024 guidance, project...

4 weeks ago - Seeking Alpha

Amer Sports (AS) Q3 2024 Earnings Call Transcript

Amer Sports Inc. (NYSE:AS) Q3 2024 Earnings Conference Call November 19, 2024 8:00 AM ET Company Participants James Zheng - Chief Executive Officer Andrew Page - Chief Financial Officer Stuart Haseld...

4 weeks ago - Seeking Alpha

Amer Sports Reports Third Quarter 2024 Financial Results, Company Raises Full Year Guidance

HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) announced its financial results for the third quarter of 2024. CEO James Zheng commented, “Third quarter was ver...

4 weeks ago - Business Wire

Amer Sports, Inc. to Report Third Quarter 2024 Financial Results on November 19, 2024

HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its third quarter 2024 financial results before th...

2 months ago - Business Wire

Trade Tracker: Bill Baruch buys the EEM and Amer Sports

Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to explain why he's buying the EEM and Amer Sports

Other symbols: EEM
2 months ago - CNBC Television

Amer Sports Provides Business Update

HELSINKI , Oct. 9, 2024 /PRNewswire/ -- Amer Sports, Inc. ("Amer Sports"), a global group of iconic sports and outdoor brands, announced today that its CEO James Zheng, along with other members of the...

2 months ago - PRNewsWire

Amer Sports: Solid Demand Momentum

I recommend a buy rating for Amer Sports due to strong demand momentum and potential for positive multiple re-rating if EPS growth meets expectations. Amer Sports' Q2 2024 results showed robust revenu...

3 months ago - Seeking Alpha

Amer Sports: Strong Performance And Guidance

Amer Sports reported strong Q2 2024 results, beating analyst estimates and raising guidance for FY 2024. Arc'teryx brand driving growth in China and Asia Pacific, contributing to the company's success...

4 months ago - Seeking Alpha

Three-Stock Lunch: Lowe's, Eli Lilly & Amer Sports

Victoria Greene, G Squared CIO, joins 'Power Lunch' to discuss stock plays for three stocks.

Other symbols: LLYLOW
4 months ago - CNBC Television

Amer Sports, Inc. (AS) Q2 2024 Earnings Call Transcript

Amer Sports, Inc. (NYSE:AS) Q2 2024 Earnings Conference Call August 20, 2024 8:00 PM ET Company Participants Omar Saad - Vice President, Finance and Investor Relations James Zheng - Chief Executive O...

4 months ago - Seeking Alpha

Amer Sports jumps on strong second-quarter results

Shares of Amer Sports, parent company to brands like Wilson Sporting Good and Arc-teryx Outdoor Clothing, on a strong second-quarter beat and unexpected profit. The company raising fiscal year guidanc...

4 months ago - CNBC Television

Amer Sports rises on upbeat outlook as it narrows loss

Amer Sports Inc.'s stock AS, +7.77% was rising by 9.4% in premarket trades Tuesday after the company cited strength in its Arc'teryx outdoor brand and said it expects to beat analyst estimates for its...

4 months ago - Market Watch

Amer Sports Reports Second Quarter 2024 Financial Results, Company Raises Full Year Guidance

HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) announced its financial results for the second quarter of 2024. CEO James Zheng commented, "I am very pleased by...

4 months ago - Business Wire

Amer Sports, Inc. to Report Second Quarter 2024 Financial Results on August 20, 2024

HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its second quarter 2024 financial results before t...

4 months ago - Business Wire

Wilson tennis racket maker Amer Sports beats Q1 estimates on robust demand

Amer Sports topped market expectations for first-quarter revenue and profit on Tuesday, helped by higher pricing and robust demand for its popular sporting goods brands in China and the United States.

7 months ago - Reuters

Amer Sports Reports First Quarter 2024 Financial Results, Company Updates Full Year Guidance

HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the first quarter of 2024. CEO James Zheng commented, “The momentum be...

7 months ago - Business Wire

Amer Sports, Inc. to Report First Quarter 2024 Financial Results on May 21, 2024

HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its first quarter 2024 financial results before th...

8 months ago - Business Wire

Crewe Capital advises PV3 Investments in the Acquisition of ENVE Composites

SALT LAKE CITY--(BUSINESS WIRE)--Crewe Capital (Crewe), one of the nation's leading boutique investment banks, exclusively guided private investment firm PV3 Investments (PV3) in its purchase of ENVE ...

8 months ago - Business Wire

Amer Sports, Inc. Announces Filing of Annual Report on Form 20-F

HELSINKI, Finland--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that its Annual Report on Form 20-F for the fiscal year ended...

9 months ago - Business Wire

Amer Sports: A Strategic Dive Into Opportunities And Challenges

Amer Sports competes in the $450B global market for athletic apparel, footwear, and equipment, benefiting from trends in health/wellness and outdoor activities. The company boasts a diversified portfo...

9 months ago - Seeking Alpha

Amer Sports, Inc. (AS) Q4 2023 Earnings Call Transcript

Amer Sports, Inc. (AS) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Amer Sports' stock falls 6% on wider-than-expected Q4 loss

Shares of Amer Sports Inc. fell 6% in premarket trades Tuesday after the Finnish sportswear company reported its first quarterly results since its February IPO.

10 months ago - Market Watch

Amer Sports losses narrow as China sales fuel holiday-quarter revenue growth

Wilson tennis racket maker Amer Sports released its first earnings report since its IPO, saying its losses narrowed.

10 months ago - CNBC