While Amer Sports Inc has overperformed by 3.94%, investors are advised to look at stock chart patterns for technical insight.
On December 16, 2024, HSBC Securities Downgraded Amer Sports Inc (NYSE: AS) to Hold. A report published by Wells Fargo on October 14, 2024, Downgraded its rating to ‘Equal Weight’ for AS. Wells Fargo Initiated an Overweight rating on February 26, 2024, and assigned a price target of $19. UBS initiated its ‘Buy’ rating for AS, as published in its report on February 26, 2024. TD Cowen’s report from February 26, 2024 suggests a price prediction of $18 for AS shares, giving the stock a ‘Outperform’ rating. Robert W. Baird also rated the stock as ‘Outperform’.
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Analysis of Amer Sports Inc (AS)
Further, the quarter-over-quarter increase in sales is 18.10%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Amer Sports Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -1.74% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.77, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and AS is recording an average volume of 2.82M. On a monthly basis, the volatility of the stock is set at 5.25%, whereas on a weekly basis, it is put at 4.62%, with a gain of 12.09% over the past seven days. Furthermore, long-term investors anticipate a median target price of $27.81, showing decline from the present price of $28.74, which can serve as yet another indication of whether AS is worth investing in or should be passed over.
How Do You Analyze Amer Sports Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 86.40%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 8.90% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
AS shares are owned by institutional investors to the tune of 8.90% at present.
