17 analysts have expressed a variety of opinions on Amer Sports (NYSE:AS) over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 7 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 6 | 6 | 2 | 0 | 0 |
Analysts have set 12-month price targets for Amer Sports, revealing an average target of $18.62, a high estimate of $23.00, and a low estimate of $15.00. Observing a 4.14% increase, the current average has risen from the previous average price target of $17.88.
Investigating Analyst Ratings: An Elaborate Study
The standing of Amer Sports among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Alex Straton | Morgan Stanley | Lowers | Equal-Weight | $15.00 | $16.00 |
| Ike Boruchow | Wells Fargo | Lowers | Overweight | $17.00 | $19.00 |
| Melinda Hu | Bernstein | Lowers | Market Perform | $16.00 | $18.50 |
| Lorraine Hutchinson | B of A Securities | Raises | Buy | $19.00 | $18.00 |
| Laurent Vasilescu | Exane BNP Paribas | Announces | Outperform | $19.00 | - |
| Ike Boruchow | Wells Fargo | Announces | Overweight | $19.00 | - |
| Krisztina Katai | Deutsche Bank | Announces | Buy | $20.00 | - |
| Erwan Rambourg | HSBC | Announces | Hold | $16.00 | - |
| Michael Binetti | Evercore ISI Group | Announces | Outperform | $21.00 | - |
| Alex Straton | Morgan Stanley | Announces | Equal-Weight | $16.00 | - |
| Jay Sole | UBS | Announces | Buy | $23.00 | - |
| Jonathan Komp | Baird | Announces | Outperform | $20.00 | - |
| Matthew Boss | JP Morgan | Announces | Overweight | $19.00 | - |
| Brooke Roach | Goldman Sachs | Announces | Buy | $21.00 | - |
| Lorraine Hutchinson | B of A Securities | Announces | Buy | $18.00 | - |
| Melinda Hu | Bernstein | Announces | Outperform | $18.50 | - |
| Paul Lejuez | Citigroup | Announces | Buy | $19.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Amer Sports. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Amer Sports compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Amer Sports's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
To gain a panoramic view of Amer Sports's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Amer Sports analyst ratings.
Delving into Amer Sports's Background
Amer Sports Inc. is a group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, Peak Performance, Armada, ENVE, Louisville Slugger, DeMarini, EvoShield, and ATEC among others. It has three reportable segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports. Outdoor Performance which generates key revenue, includes outdoor apparel, footwear, accessories, and winter sports equipment and consists of its Salomon, Atomic, Armada, and ENVE brands. Geographically, the company generates a majority of its revenue from the Americas and the rest from Europe, the Middle East and Africa, Greater China, and Asia-Pacific regions.
Financial Milestones: Amer Sports's Journey
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Over the 3 months period, Amer Sports showcased positive performance, achieving a revenue growth rate of 12.62% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Amer Sports's net margin excels beyond industry benchmarks, reaching 0.43%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Amer Sports's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 0.26%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Amer Sports's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.06%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Amer Sports's debt-to-equity ratio is below the industry average. With a ratio of 0.6, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.