Amer Sports Inc. (AS) is gearing up for another turning point as it hit the volume of 1.12 million

Amer Sports Inc. (NYSE: AS) kicked off on Tuesday, up 1.33% from the previous trading day, before settling in for the closing price of $17.98. Over the past 52 weeks, AS has traded in a range of $10.11-$19.73.

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Consumer Cyclical Sector giant saw their annual sales surged by 21.39% over the last five years. While this was happening, its average annual earnings per share was recorded 226.20%. With a float of $68.22 million, this company’s outstanding shares have now reached $505.25 million.

The firm has a total of 11400 workers. Let’s measure their productivity. 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 8.81%.

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 226.20% 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 1.98.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.26, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.69 in one year’s time.

Technical Analysis of Amer Sports Inc. (AS)

Analysing the last 5-days average volume posted by the [Amer Sports Inc., AS], we can find that recorded value of 1.77 million was better than the volume posted last year of 1.66 million. As of the previous 9 days, the stock’s Stochastic %D was 41.01%. Additionally, its Average True Range was 0.73.

During the past 100 days, Amer Sports Inc.’s (AS) raw stochastic average was set at 84.30%, which indicates a significant increase from 37.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.65% in the past 14 days, which was lower than the 47.70% volatility it showed in the past 100 days.

Now, the first resistance to watch is $18.50. This is followed by the second major resistance level at $18.79. The third major resistance level sits at $19.19. If the price goes on to break the first support level at $17.81, it is likely to go to the next support level at $17.41. Should the price break the second support level, the third support level stands at $17.12.

Amer Sports Inc. (NYSE: AS) Key Stats

The company with the Market Capitalisation of 9.21 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.