Amer Sports (NYSE:AS) Posts Earnings Results

Amer Sports (NYSE:AS) announced its earnings results on Tuesday. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04, Zacks reports. Amer Sports had a return on equity of 8.51% and a net margin of 5.10%. Amer Sports updated its FY 2026 guidance to 1.100-1.150 EPS and its Q1 2026 guidance to 0.280-0.300 EPS.

Amer Sports Trading Down 3.4%

NYSE:AS opened at $40.52 on Tuesday. The company has a market cap of $22.44 billion, a PE ratio of 73.66, a price-to-earnings-growth ratio of 0.82 and a beta of 2.86. The company has a current ratio of 1.51, a quick ratio of 0.70 and a debt-to-equity ratio of 0.24. The company has a 50 day simple moving average of $38.15 and a two-hundred day simple moving average of $36.21. Amer Sports has a 12 month low of $20.21 and a 12 month high of $42.76.

Institutional Investors Weigh In On Amer Sports

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Viking Global Investors LP raised its position in Amer Sports by 63.5% in the third quarter. Viking Global Investors LP now owns 6,343,481 shares of the company’s stock worth $220,436,000 after acquiring an additional 2,462,832 shares during the period. Morgan Stanley increased its stake in shares of Amer Sports by 16.0% in the 4th quarter. Morgan Stanley now owns 3,707,204 shares of the company’s stock worth $138,464,000 after purchasing an additional 510,419 shares in the last quarter. Scopus Asset Management L.P. bought a new position in Amer Sports in the 2nd quarter worth $108,562,000. BNP Paribas Financial Markets lifted its position in Amer Sports by 244.5% during the second quarter. BNP Paribas Financial Markets now owns 2,533,612 shares of the company’s stock valued at $98,203,000 after purchasing an additional 1,798,170 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its holdings in Amer Sports by 2.7% during the third quarter. Balyasny Asset Management L.P. now owns 2,312,195 shares of the company’s stock valued at $80,349,000 after purchasing an additional 60,213 shares during the period. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AS. Barclays began coverage on Amer Sports in a report on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price objective for the company. Deutsche Bank Aktiengesellschaft set a $49.00 price target on shares of Amer Sports in a research note on Thursday, January 8th. Weiss Ratings restated a “hold (c)” rating on shares of Amer Sports in a report on Monday, December 29th. Piper Sandler reiterated an “overweight” rating on shares of Amer Sports in a report on Friday. Finally, Evercore reissued an “outperform” rating and issued a $50.00 price target on shares of Amer Sports in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $46.89.

About Amer Sports

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).