Evercore Forecasts Strong Price Appreciation for Amer Sports (NYSE:AS) Stock

Amer Sports (NYSE:AS) had its price objective lifted by equities researchers at Evercore from $50.00 to $51.00 in a research report issued to clients and investors on Wednesday. The firm presently has an “outperform” rating on the stock. Evercore’s price target would indicate a potential upside of 31.89% from the company’s current price.

Several other analysts have also weighed in on AS. Zacks Research lowered Amer Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Wells Fargo & Company boosted their price target on shares of Amer Sports from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Nomura set a $39.80 price objective on shares of Amer Sports and gave the company a “buy” rating in a research note on Tuesday, November 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amer Sports in a report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft set a $49.00 target price on shares of Amer Sports in a research note on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Amer Sports presently has an average rating of “Buy” and an average target price of $47.12.

Amer Sports Stock Up 2.2%

Shares of Amer Sports stock opened at $38.67 on Wednesday. Amer Sports has a 12-month low of $20.21 and a 12-month high of $42.76. The company has a quick ratio of 0.70, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. The stock has a 50 day moving average price of $38.14 and a two-hundred day moving average price of $36.25. The stock has a market capitalization of $21.42 billion, a P/E ratio of 51.56, a PEG ratio of 0.75 and a beta of 2.86.

Amer Sports (NYSE:AS) last released its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter last year, the firm posted $0.17 EPS. The company’s revenue was up 28.5% on a year-over-year basis. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. Equities analysts expect that Amer Sports will post 0.46 earnings per share for the current year.

Institutional Trading of Amer Sports

Large investors have recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new position in Amer Sports during the fourth quarter worth about $27,000. Caitong International Asset Management Co. Ltd raised its position in shares of Amer Sports by 484.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock worth $29,000 after purchasing an additional 703 shares during the period. SBI Securities Co. Ltd. lifted its holdings in shares of Amer Sports by 146.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 897 shares of the company’s stock valued at $35,000 after purchasing an additional 533 shares in the last quarter. Financial Consulate Inc. acquired a new position in shares of Amer Sports in the 3rd quarter valued at approximately $40,000. Finally, PNC Financial Services Group Inc. grew its position in shares of Amer Sports by 241.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock valued at $42,000 after purchasing an additional 848 shares during the period. Institutional investors own 40.25% of the company’s stock.

Amer Sports Company Profile

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).