Amer Sports Inc. (NYSE: AS) kicked off on Tuesday, down -4.65% from the previous trading day, before settling in for the closing price of $14.40. Over the past 52 weeks, AS has traded in a range of $10.11-$18.23.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 23.57%. While this was happening, its average annual earnings per share was recorded 225.49%. With a float of $68.22 million, this company’s outstanding shares have now reached $489.50 million.
Let’s determine the extent of company efficiency that accounts for 11400 employees. In terms of profitability, gross margin is 52.92%, operating margin of 5.92%, and the pretax margin is -2.1%.
Amer Sports Inc. (AS) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Leisure Industry. The insider ownership of Amer Sports Inc. is 86.50%, while institutional ownership is 9.02%.
Amer Sports Inc. (AS) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.08 earnings per share (EPS), lower than consensus estimate (set at -0.01) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 225.49% per share during the next fiscal year.
Amer Sports Inc. (NYSE: AS) Trading Performance Indicators
Take a look at Amer Sports Inc.’s (AS) current performance indicators. Last quarter, stock had a quick ratio of 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.68 in one year’s time.
Technical Analysis of Amer Sports Inc. (AS)
Looking closely at Amer Sports Inc. (NYSE: AS), its last 5-days average volume was 1.36 million, which is a drop from its year-to-date volume of 1.57 million. As of the previous 9 days, the stock’s Stochastic %D was 60.49%. Additionally, its Average True Range was 0.61.
During the past 100 days, Amer Sports Inc.’s (AS) raw stochastic average was set at 57.28%, which indicates a significant increase from 38.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.61% in the past 14 days, which was lower than the 48.12% volatility it showed in the past 100 days.
However, in the short run, Amer Sports Inc.’s stock first resistance to watch stands at $14.31. Second resistance stands at $14.88. The third major resistance level sits at $15.28. If the price goes on to break the first support level at $13.34, it is likely to go to the next support level at $12.94. Should the price break the second support level, the third support level stands at $12.37.
Amer Sports Inc. (NYSE: AS) Key Stats
The company with the Market Capitalisation of 6.94 billion has total of 505,250K Shares Outstanding. Its annual sales at the moment are 4,368 M in contrast with the sum of -208,600 K annual income. Company’s last quarter sales were recorded 993,800 K and last quarter income was -3,700 K.
