Amer Sports (AS) Projected to Post Quarterly Earnings on Tuesday

Amer Sports (NYSE:AS) is expected to issue its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $1.59 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Amer Sports Trading Down 2.6 %

Shares of AS stock opened at $28.58 on Friday. Amer Sports has a fifty-two week low of $10.11 and a fifty-two week high of $34.00. The stock has a market capitalization of $15.61 billion and a P/E ratio of -204.10. The company has a quick ratio of 0.77, a current ratio of 1.62 and a debt-to-equity ratio of 0.58. The stock has a 50-day simple moving average of $29.98 and a 200 day simple moving average of $22.03.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Robert W. Baird upped their target price on Amer Sports from $24.00 to $30.00 and gave the company an “outperform” rating in a report on Monday, December 9th. UBS Group increased their price objective on Amer Sports from $27.00 to $37.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Sanford C. Bernstein began coverage on Amer Sports in a research note on Thursday, February 13th. They issued an “outperform” rating and a $38.00 price objective for the company. Morgan Stanley increased their price objective on Amer Sports from $19.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 21st. Finally, JPMorgan Chase & Co. upped their target price on Amer Sports from $19.00 to $26.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.64.

About Amer Sports

Amer Sports, Inc designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.