After finishing at $16.70 in the prior trading day, Amer Sports Inc. (NYSE: AS) closed at $16.06, down -3.83%. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 1205358 shares were traded.
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Ratios:
Our goal is to gain a better understanding of AS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on February 26, 2024, initiated with a Overweight rating and assigned the stock a target price of $19.
On February 26, 2024, UBS started tracking the stock assigning a Buy rating and target price of $23.
On February 26, 2024, TD Cowen started tracking the stock assigning a Outperform rating and target price of $18.TD Cowen initiated its Outperform rating on February 26, 2024, with a $18 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AS now has a Market Capitalization of 8.11B and an Enterprise Value of 14.29B. Its current Enterprise Value per Revenue stands at 3.27 whereas that against EBITDA is 27.59.
Stock Price History:
Over the past 52 weeks, AS has reached a high of $18.23, while it has fallen to a 52-week low of $13.10. The 50-Day Moving Average of the stock is 15.56, while the 200-Day Moving Average is calculated to be 15.56.
Shares Statistics:
The stock has traded on average 2.24M shares per day over the past 3-months and 1.16M shares per day over the last 10 days, according to various share statistics. A total of 115.57M shares are outstanding, with a floating share count of 95.08M. Therefore, it implies a Short% of Shares Outstanding of 0.49% and a Short% of Float of 1.72%.
Earnings Estimates
Its stock is currently analyzed by 10 different market analysts. The consensus estimate for the next quarter is -$0.05, with high estimates of $0.01 and low estimates of -$0.08.
Analysts are recommending an EPS of between $0.49 and $0.28 for the fiscal current year, implying an average EPS of $0.41. EPS for the following year is $0.67, with 12 analysts recommending between $0.77 and $0.57.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for AS’s current fiscal year. The highest revenue estimate was $5.04B, while the lowest revenue estimate was $4.86B, resulting in an average revenue estimate of $4.98B. In the same quarter a year ago, actual revenue was $4.39B, up 13.50% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $5.61B in the next fiscal year. The high estimate is $5.74B and the low estimate is $5.42B. The average revenue growth estimate for next year is up 12.70% from the average revenue estimate for this year.
