Amer Sports, Inc. (NYSE:AS – Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as $13.10 and last traded at $13.58, with a volume of 278393 shares changing hands. The stock had previously closed at $13.35.
Wall Street Analyst Weigh In
Several research analysts have recently commented on AS shares. TD Cowen started coverage on shares of Amer Sports in a report on Monday, February 26th. They issued an “outperform” rating and a $18.00 price target for the company. The Goldman Sachs Group started coverage on shares of Amer Sports in a report on Monday, February 26th. They issued a “buy” rating and a $21.00 price target for the company. Deutsche Bank Aktiengesellschaft started coverage on shares of Amer Sports in a report on Monday, February 26th. They issued a “buy” rating and a $20.00 price target for the company. HSBC assumed coverage on shares of Amer Sports in a report on Monday, February 26th. They issued a “hold” rating and a $16.00 price target for the company. Finally, Wells Fargo & Company assumed coverage on shares of Amer Sports in a research note on Monday, February 26th. They set an “overweight” rating and a $19.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, Amer Sports has a consensus rating of “Moderate Buy” and a consensus target price of $19.00.
Read Our Latest Stock Report on AS
Amer Sports Stock Up 1.0 %
Amer Sports (NYSE:AS – Get Free Report) last released its earnings results on Tuesday, March 5th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.07). The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.31 billion. Research analysts anticipate that Amer Sports, Inc. will post 0.42 earnings per share for the current year.
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.
See Also
- Five stocks we like better than Amer Sports
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Comprehensive Analysis of PayPal Stock
- What Does a Stock Split Mean?
- Intuitive Surgical Stock Can Trend Much Higher This Year
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for Amer Sports Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amer Sports and related companies with MarketBeat.com's FREE daily email newsletter.