Amer Sports Inc [NYSE: AS] traded at a high on Thursday, posting a 5.78 gain after which it closed the day’ session at $20.67.
The results of the trading session contributed to over 7631687 shares changing hands. Over the past one week, the price volatility of Amer Sports Inc stands at 5.38% while the volatility over the past one month is 4.65%.
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The market cap for AS stock reached $10.44 billion, with 505.25 million shares outstanding and 65.81 million shares in the current float. Compared to the average trading volume of 1.97M shares, AS reached a trading volume of 7631687 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Amer Sports Inc [AS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AS shares is $21.69 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AS stock is a recommendation set at 1.35. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Amer Sports Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on October 14, 2024. The new note on the price target was released on April 08, 2024, representing the official price target for Amer Sports Inc stock. Previously, the target price had yet another raise to $19, while Wells Fargo analysts kept a Overweight rating on AS stock.
The Average True Range (ATR) for Amer Sports Inc is set at 0.93, with the Price to Sales ratio for AS stock in the period of the last 12 months amounting to 2.25. The Price to Book ratio for the last quarter was 2.61, with the Price to Cash per share for the same quarter was set at 0.51. Price to Free Cash Flow for AS in the course of the last twelve months was 74.97 with Quick ratio for the last quarter at 0.81.
How has AS stock performed recently?
Amer Sports Inc [AS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.51. With this latest performance, AS shares gained by 9.60% in over the last four-week period, additionally plugging by 40.04% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AS stock in for the last two-week period is set at 64.79, with the RSI for the last a single of trading hit 66.60, and the three-weeks RSI is set at 64.09 for Amer Sports Inc [AS]. The present Moving Average for the last 50 days of trading for this stock 17.57, while it was recorded at 19.83 for the last single week of trading, and 14.96 for the last 200 days.
Amer Sports Inc [AS]: Deeper insight into the fundamentals
Amer Sports Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.81 and a Current Ratio set at 1.87.
Earnings analysis for Amer Sports Inc [AS]
With the latest financial reports released by the company, Amer Sports Inc posted -0.11/share EPS, while the average EPS was predicted by analysts to be reported at -0.03/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.08. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AS.
