Daily Progress: Amer Sports Inc. (AS) Drop -4.31, Closing at 11.99

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In the latest session, Amer Sports Inc. (NYSE: AS) closed at $11.99 down -4.31% from its previous closing price of $12.53. In other words, the price has decreased by -$4.31 from its previous closing price. On the day, 1.52 million shares were traded. AS stock price reached its highest trading level at $12.45 during the session, while it also had its lowest trading level at $11.91.

Ratios:

For a deeper understanding of Amer Sports Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.57.

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 6057947136 and an Enterprise Value of 8126743040. Its current Enterprise Value per Revenue stands at 1.806 whereas that against EBITDA is 19.456.

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 $12.21. The 50-Day Moving Average of the stock is -17.68%, while the 200-Day Moving Average is calculated to be -19.80%.

Shares Statistics:

For the past three months, AS has traded an average of 1.51M shares per day and 2164500 over the past ten days. A total of 489.50M shares are outstanding, with a floating share count of 67.92M. Insiders hold about 86.56% of the company’s shares, while institutions hold 7.76% stake in the company. Shares short for AS as of 1718323200 were 7184752 with a Short Ratio of 4.75, compared to 1715731200 on 6736635. Therefore, it implies a Short% of Shares Outstanding of 7184752 and a Short% of Float of 8.01.

Earnings Estimates

Its stock is currently analyzed by 11 different market analysts. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.06, while EPS last year was -$0.08. The consensus estimate for the next quarter is $0.14, with high estimates of $0.18 and low estimates of $0.11.

Analysts are recommending an EPS of between $0.45 and $0.28 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.68, with 13.0 analysts recommending between $0.78 and $0.6.

Revenue Estimates

For the next quarter, 10 analysts are estimating revenue of $1.3B. There is a high estimate of $1.33B for the next quarter, whereas the lowest estimate is $1.28B.

A total of 13 analysts have provided revenue estimates for AS’s current fiscal year. The highest revenue estimate was $5.09B, while the lowest revenue estimate was $4.95B, resulting in an average revenue estimate of $5.02B. In the same quarter a year ago, actual revenue was $4.39BBased on 13 analysts’ estimates, the company’s revenue will be $5.66B in the next fiscal year. The high estimate is $5.79B and the low estimate is $5.57B.

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