Key Points
- General Counsel Jutta Karlsson sold 457 shares of Amer Sports on April 2 at an average price of $33.28, a $15,208.96 transaction that reduced her ownership by 4% to 10,968 shares.
- Amer Sports beat expectations for the most recent quarter, reporting $0.31 EPS versus $0.27 expected and $2.10 billion in revenue (up 28.5% YoY), and set FY2026 guidance of 1.100–1.150 EPS with Q1 guidance of 0.280–0.300.
- Analysts are positive with a consensus "Buy" rating and a $47.12 target price, while institutional investors and hedge funds own roughly 40.25% of the company, and several firms have raised targets (Evercore $51, Truist/Barclays $49).
Amer Sports, Inc. (NYSE:AS - Get Free Report) General Counsel Jutta Karlsson sold 457 shares of the business's stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $33.28, for a total transaction of $15,208.96. Following the transaction, the general counsel owned 10,968 shares in the company, valued at $365,015.04. The trade was a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Amer Sports Stock Down 0.1%
Shares of NYSE AS opened at $33.36 on Friday. The stock has a market cap of $18.47 billion, a PE ratio of 44.48, a P/E/G ratio of 1.33 and a beta of 2.81. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.25. Amer Sports, Inc. has a 12-month low of $20.21 and a 12-month high of $42.76. The company has a 50-day moving average of $36.09 and a 200 day moving average of $35.44.
Amer Sports (NYSE:AS - Get Free Report) last released its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.04. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The business's revenue was up 28.5% on a year-over-year basis. During the same period last year, the company posted $0.17 EPS. 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. As a group, sell-side analysts predict that Amer Sports, Inc. will post 0.46 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Amer Sports in a research note on Friday, March 27th. Truist Financial set a $49.00 target price on Amer Sports in a research note on Wednesday, February 25th. Evercore lifted their price target on Amer Sports from $50.00 to $51.00 and gave the stock an "outperform" rating in a report on Wednesday, February 25th. Barclays started coverage on shares of Amer Sports in a research report on Tuesday, December 9th. They set an "overweight" rating and a $49.00 price target on the stock. Finally, Piper Sandler reissued an "overweight" rating on shares of Amer Sports in a report on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $47.12.
Check Out Our Latest Stock Report on Amer Sports
Hedge Funds Weigh In On Amer Sports
Institutional investors have recently bought and sold shares of the company. Aspex Management HK Ltd lifted its position in shares of Amer Sports by 27.9% during the fourth quarter. Aspex Management HK Ltd now owns 7,593,627 shares of the company's stock worth $283,622,000 after purchasing an additional 1,658,536 shares in the last quarter. Viking Global Investors LP grew its holdings in shares of Amer Sports by 63.5% in the third quarter. Viking Global Investors LP now owns 6,343,481 shares of the company's stock valued at $220,436,000 after purchasing an additional 2,462,832 shares in the last quarter. Artisan Partners Limited Partnership grew its holdings in shares of Amer Sports by 1,306.7% in the fourth quarter. Artisan Partners Limited Partnership now owns 5,214,439 shares of the company's stock valued at $194,759,000 after purchasing an additional 4,843,742 shares in the last quarter. Avala Global LP increased its stake in Amer Sports by 38.8% during the 4th quarter. Avala Global LP now owns 4,637,149 shares of the company's stock worth $173,198,000 after buying an additional 1,297,200 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in Amer Sports by 57.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,991,563 shares of the company's stock worth $138,707,000 after buying an additional 1,457,951 shares during the period. 40.25% of the stock is owned by institutional investors and hedge funds.
About Amer Sports
(
Get Free Report)
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).
Further Reading
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