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After finishing at $13.77 in the prior trading day, Amer Sports Inc. (NYSE: AS) closed at $13.82, up 0.36%. In other words, the price has increased by $0.36 from its previous closing price. On the day, 1.53 million shares were traded. AS stock price reached its highest trading level at $14.0 during the session, while it also had its lowest trading level at $13.71.
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.
On February 26, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $19.
On February 26, 2024, UBS started tracking the stock assigning a Buy rating and target price of $23.UBS initiated its Buy rating on February 26, 2024, with a $23 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 6982554624 and an Enterprise Value of 13163749376. Its current Enterprise Value per Revenue stands at 3.013 whereas that against EBITDA is 30.068.
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 -10.20%, while the 200-Day Moving Average is calculated to be -9.79%.
Shares Statistics:
The stock has traded on average 2.07M shares per day over the past 3-months and 1594070 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. Insiders hold about 80.58% of the company’s shares, while institutions hold 0.01% stake in the company. Shares short for AS as of 1711584000 were 3650880 with a Short Ratio of 1.77, compared to 1709164800 on 2454721. Therefore, it implies a Short% of Shares Outstanding of 3650880 and a Short% of Float of 4.0700004.
Earnings Estimates
A comprehensive evaluation of Amer Sports Inc. (AS) is underway, with the input of 11 analysts contributing to its current rating.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 15 analysts recommending between $0.77 and $0.57.
Revenue Estimates
A total of 16 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 15 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.
