Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Amer Sports Inc (NYSE: AS) was $29.47 for the day, down -3.72% from the previous closing price of $30.61. In other words, the price has decreased by -$3.72 from its previous closing price. On the day, 4.19 million shares were traded. AS stock price reached its highest trading level at $30.4 during the session, while it also had its lowest trading level at $28.49.
Ratios:
Our analysis of AS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 51.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 152.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.58.
On October 14, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also upped its target price recommendation from $17 to $19.
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 16101228544 and an Enterprise Value of 12100776960. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 2.609 whereas that against EBITDA is 29.229.
Stock Price History:
The Beta on a monthly basis for AS is 2.72, which has changed by 1.0612795 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, AS has reached a high of $34.00, while it has fallen to a 52-week low of $10.11. The 50-Day Moving Average of the stock is 1.57%, while the 200-Day Moving Average is calculated to be 58.44%.
Shares Statistics:
AS traded an average of 3.03M shares per day over the past three months and 2788700 shares per day over the past ten days. A total of 505.56M shares are outstanding, with a floating share count of 109.81M. Insiders hold about 79.90% of the company’s shares, while institutions hold 52.37% stake in the company. Shares short for AS as of 1730332800 were 6460451 with a Short Ratio of 1.78, compared to 1727654400 on 6185283. Therefore, it implies a Short% of Shares Outstanding of 6460451 and a Short% of Float of 7.21.
