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As of close of business last night, Amer Sports Inc’s stock clocked out at $18.05, down -3.53% from its previous closing price of $18.71. In other words, the price has decreased by -$3.53 from its previous closing price. On the day, 2.11 million shares were traded. AS stock price reached its highest trading level at $18.61 during the session, while it also had its lowest trading level at $17.84.
Ratios:
To gain a deeper understanding of AS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 65.47. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.58.
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 the company, Wells Fargo on October 14, 2024, Downgraded its rating to Equal Weight and sets its target price to $19 from $17 previously.
On February 26, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $19.Wells Fargo initiated its Overweight rating on February 26, 2024, with a $19 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 9119761408 and an Enterprise Value of 11347955712. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.97 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 2.447 whereas that against EBITDA is 27.411.
Stock Price History:
Over the past 52 weeks, AS has reached a high of $19.73, while it has fallen to a 52-week low of $10.11. The 50-Day Moving Average of the stock is 9.39%, while the 200-Day Moving Average is calculated to be 22.62%.
Shares Statistics:
It appears that AS traded 1.82M shares on average per day over the past three months and 1889190 shares per day over the past ten days. A total of 505.25M shares are outstanding, with a floating share count of 68.22M. Insiders hold about 86.50% of the company’s shares, while institutions hold 9.01% stake in the company. Shares short for AS as of 1728950400 were 6799295 with a Short Ratio of 3.73, compared to 1726185600 on 6850724. Therefore, it implies a Short% of Shares Outstanding of 6799295 and a Short% of Float of 7.580000000000001.
