Is it possible to buy Amer Sports Inc(AS) shares at a good price now?

While Amer Sports Inc has overperformed by 2.43%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AS rose by 157.60%, with highs and lows ranging from $39.17 to $10.11, whereas the simple moving average jumped by 45.84% in the last 200 days.

On March 03, 2025, JP Morgan Reiterated Amer Sports Inc (NYSE: AS) to Overweight. A report published by Bernstein on February 13, 2025, Initiated its previous ‘Outperform’ rating for AS. HSBC Securities also Downgraded AS shares as ‘Hold’, setting a target price of $30 on the company’s shares in a report dated December 16, 2024. Wells Fargo October 14, 2024d the rating to Equal Weight on October 14, 2024, and set its price target from $17 to $19. Bernstein April 08, 2024d its ‘Outperform’ rating to ‘Mkt Perform’ for AS, as published in its report on April 08, 2024. Wells Fargo’s report from February 26, 2024 suggests a price prediction of $19 for AS shares, giving the stock a ‘Overweight’ rating. UBS also rated the stock as ‘Buy’.

Analysis of Amer Sports Inc (AS)

Further, the quarter-over-quarter increase in sales is 24.48%, showing a positive trend in the upcoming months.

There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Amer Sports Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 4.38% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.80, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

As an indicator of volatility for any stock, average volume can also be very valuable, and AS is recording an average volume of 4.68M. On a monthly basis, the volatility of the stock is set at 4.24%, whereas on a weekly basis, it is put at 2.29%, with a loss of -1.46% over the past seven days. Furthermore, long-term investors anticipate a median target price of $41.41, showing growth from the present price of $37.12, which can serve as yet another indication of whether AS is worth investing in or should be passed over.

How Do You Analyze Amer Sports Inc Shares?

Amer Sports Inc (AS) is based in the Finland and is one of the most prominent companies operating in the Leisure market. When comparing Amer Sports Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 99.84, there is a growth in quarterly earnings of 2114.68%.

Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 73.59%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 19.39% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

AS shares are owned by institutional investors to the tune of 19.39% at present.

Hot this week

TEAM’s Q2 earnings predictions: What the experts say

Atlassian Corporation (TEAM)'s stock has witnessed a price hike...

How will Rivian Automotive Inc’s (RIVN) earnings compare to estimates this quarter?

Currently, Rivian Automotive Inc's (RIVN) stock is trading at...

ROKU’s Q2 earnings estimates: What investors need to know

In the current trading session, Roku Inc's (ROKU) stock...

Can Warner Bros. Discovery Inc (WBD) meet market expectations this quarter?

Warner Bros. Discovery Inc (WBD)'s stock is trading at...

ZIM’s earnings forecast for the current quarter

Zim Integrated Shipping Services Ltd (ZIM)'s stock has witnessed...

Topics

TEAM’s Q2 earnings predictions: What the experts say

Atlassian Corporation (TEAM)'s stock has witnessed a price hike...

How will Rivian Automotive Inc’s (RIVN) earnings compare to estimates this quarter?

Currently, Rivian Automotive Inc's (RIVN) stock is trading at...

ROKU’s Q2 earnings estimates: What investors need to know

In the current trading session, Roku Inc's (ROKU) stock...

Can Warner Bros. Discovery Inc (WBD) meet market expectations this quarter?

Warner Bros. Discovery Inc (WBD)'s stock is trading at...

ZIM’s earnings forecast for the current quarter

Zim Integrated Shipping Services Ltd (ZIM)'s stock has witnessed...

Breaking down EQX’s current quarter earnings estimates

Currently, Equinox Gold Corp's (EQX) stock is trading at...

Experts predict Vertiv Holdings Co’s (VRT) current quarter earnings growth rate

In the current trading session, Vertiv Holdings Co's (VRT)...

Analyzing VRNT’s current quarter earnings projections

Verint Systems, Inc (VRNT)'s stock is trading at $20.39...
spot_img

Related Articles

Popular Categories

spot_imgspot_img
US Post News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.