Amer Sports, Inc. (AS)
| Market Cap | 7.82B |
| Revenue (ttm) | 4.37B |
| Net Income (ttm) | -208.60M |
| Shares Out | 489.50M |
| EPS (ttm) | -0.54 |
| PE Ratio | n/a |
| Forward PE | 36.63 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 461,434 |
| Open | 15.53 |
| Previous Close | 15.49 |
| Day's Range | 15.50 - 16.15 |
| 52-Week Range | 13.10 - 18.23 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 18.92 (+18.4%) |
| Earnings Date | May 10, 2024 |
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 13 analysts, the average rating for AS stock is "Buy." The 12-month stock price forecast is $18.92, which is an increase of 18.40% from the latest price.
News
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' 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.
Amer Sports Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides 2024 Outlook and Long-Term Financial Algorithm
HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023. CEO James Zheng commented, “2...
Amer Sports, Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on March 5, 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 fourth quarter and full year 2023 financial re...
Wall Street says buy Amer Sports stock following its recent NYSE debut
Wall Street analysts are bullish on Amer Sports Inc (NYSE: AS) following its debut on the New York Stock Exchange on February 1st. Amer Sports stock has over 30% upside from here The Finnish company w...
Amer Sports, Inc. Announces Pricing and Upsize of Proposed Senior Secured Notes Offering
HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports,” “we,” “us” or the “Company”), a global group of iconic sports and outdoor brands, announced today that its wholly-owned subsidiary, Amer Sp...
Recent IPO Amer Sports is offering $600 million of seven-year high-yield bonds
Amer Sports Inc. AS, -2.34%, the Finnish sportswear company that went public last week, said Tuesday it has launched an offering of $600 million of seven-year high-yield bonds. The Helsinki-based comp...
Amer Sports, Inc. Announces Launch of Proposed Senior Secured Notes Offering
HELSINKI, Finland--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports,” “we,” “us” or the “Company”), a global group of iconic sports and outdoor brands, announced today that its wholly-owned subsidiary...
Despite Its Strong Potential, Amer Sports' IPO Got Muted Response
Amer Sports got a mere 3% bump during its NYSE opening day, closing at $13.40 per share, even after it discounted its opening stock price to $13 per share from the planned $16 to $18.
The best thing I can say about Amer Sports is its had good growth for a couple years: Jim Cramer
'Mad Money' host Jim Cramer looks at the latest IPO to hit the market, Amer Sports.
Amer Sports is looking like another out of favor IPO, says Jim Cramer
'Mad Money' host Jim Cramer looks at the latest IPO to hit the market, Amer Sports.
Cramer says the IPO market has been 'hit or miss,' telling investors to stay away from Amer Sports
Even though the IPO market is heating up, CNBC's Jim Cramer said it's seen some poor offerings, including Amer sports.
Amer Sports begins trading
Steve Weiss, Josh Brown and Sarat Sethi weigh in on their expectations for capital markets amidst the new IPO coming to market.
Amer Sports valued at $6.5 bln after shares rise 3% in market debut
Shares of Amer Sports rose 3.1% on Thursday in their market debut, giving the maker of the world-renowned Wilson tennis rackets a valuation of $6.5 billion.
Amer Sports debuting on NYSE
James Zheng, Amer Sports CEO, joins 'Money Movers' to discuss the company's decision to go public, the engine of growth among the company's brands, and Amer Sports' growth in China.
Wilson tennis racket maker Amer Sports to start trading on NYSE after discounting IPO
Amer Sports, the athletic company behind the Wilson tennis racket and Arc'teryx, will begin trading on the New York Stock Exchange after discounting shares.
Amer Sports IPO prices at discount to estimated range for NYSE debut
Amer Sports Inc. priced its initial public offering below its estimated price range and slightly boosted the size of the offering for its stock-market debut on Thursday.
Amer Sports set to return to public markets after discounted US IPO
Amer Sports, the maker of the world-renowned Wilson tennis rackets, is set to return to public markets later on Thursday after selling shares at a discounted price in its U.S. initial public offering ...
Amer Sports, Inc. Announces Pricing of its Initial Public Offering
HELSINKI, Finland--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today the pricing of its initial public offering of 105,000,000 ord...
Amer Sports, Inc. Announces Launch of its Initial Public Offering
Amer Sports, Inc., a global group of iconic sports and outdoor brands, announced today the launch of its initial public offering of 100,000,000 ordinary shares.
EXEC: Amer Sports Files for U.S. IPO
Amer Sports, the parent of Wilson, Salomon, Arc-Teryx and other sports brands, filed for a long-expected U.S. initial public offering on Thursday.
Amer Sports, maker of Wilson tennis rackets, files for IPO: 5 things to know
The new IPO filing reveals information about the companys growth and potential new board members.
Wilson tennis racket maker Amer Sports files for US IPO
Wilson tennis racket maker Amer Sports on Thursday revealed a 30% revenue surge for the first nine months of 2023 in its filing to go public in the U.S., joining other high-profile firms looking to ta...