A new trading day began on Monday, with Amer Sports Inc (NYSE: AS) stock price up 4.99% from the previous day of trading, before settling in for the closing price of $17.82. AS’s price has ranged from $10.11 to $19.73 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 21.39% over the past five years. Meanwhile, its annual earnings per share averaged 226.20%. With a float of $68.22 million, this company’s outstanding shares have now reached $505.25 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Leisure Industry. The insider ownership of Amer Sports Inc is 86.50%, while institutional ownership is 8.93%.
Amer Sports Inc (AS) Performance Highlights and Predictions
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
Here are Amer Sports Inc’s current performance indicators. According to the last quarter’s results, the 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 2.03. Likewise, its price to free cash flow for the trailing twelve months is 67.75.
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)
Amer Sports Inc (NYSE: AS) saw its 5-day average volume 1.97 million, a positive change from its year-to-date volume of 1.67 million. As of the previous 9 days, the stock’s Stochastic %D was 44.39%. Additionally, its Average True Range was 0.75.
During the past 100 days, Amer Sports Inc’s (AS) raw stochastic average was set at 89.40%, which indicates a significant increase from 72.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.00% in the past 14 days, which was lower than the 48.14% volatility it showed in the past 100 days.
Nevertheless, the first resistance level for the watch stands at $19.20 in the near term. At $19.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.30. If the price goes on to break the first support level at $18.10, it is likely to go to the next support level at $17.50. Assuming the price breaks the second support level, the third support level stands at $17.00.
Amer Sports Inc (NYSE: AS) Key Stats
With a market capitalization of 9.44 billion, the company has a total of 505,250K Shares Outstanding. Currently, annual sales are 4,368 M while annual income is -208,600 K. The company’s previous quarter sales were 993,800 K while its latest quarter income was -3,700 K.
