Amer Sports, Inc. (AS)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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
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...
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...
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...
Three-Stock Lunch: Lowe's, Eli Lilly & Amer Sports
Victoria Greene, G Squared CIO, joins 'Power Lunch' to discuss stock plays for three stocks.
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...
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...
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...
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...
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...
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.
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...
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...
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 ...
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...
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...
Amer Sports, Inc. (AS) Q4 2023 Earnings Call Transcript
Amer Sports, Inc. (AS) Q4 2023 Earnings Call Transcript
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.
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.