Amer Sports, Inc. (AS)
NYSE:AS
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AS Stock Chart & Stats
$37.11
$0.51(1.71%)
At close: 4:00 PM EST
$37.11
$0.51(1.71%)
Day’s Range― - ―
52-Week Range$28.92 - $42.76
Previous CloseN/A
Volume934.42K
Average Volume (3M)4.78M
Market Cap
$20.88B
Enterprise Value$20.61B
Total Cash (Recent Filing)$683.70M
Total Debt (Recent Filing)$1.00B
Price to Earnings (P/E)42.2
Beta1.07
Next Earnings
Aug 25, 2026EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.82
Shares Outstanding578,271,800
10 Day Avg. Volume3,928,516
30 Day Avg. Volume4,775,805
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)3.58
Price to Sales (P/S)3.16
P/FCF Ratio41.20
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue2.93
Enterprise Value/Gross Profit5.03
Enterprise Value/Ebitda17.51
Forecast
1Y Price Target
$51.00Price Target Upside37.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)1.26
Revenue Forecast (FY)$7.99B
Bulls Say, Bears Say
Bulls Say
Direct-to-Consumer & Brand MomentumA 50% DTC mix that grew ~45% strengthens gross-margin control and customer data capture, enabling higher lifetime value, pricing power and faster product feedback. This durable shift toward owned channels supports sustainable premium positioning and omni-channel scale over multiple seasons.
Margin Expansion & Profitability RecoveryMaterial margin expansion reflects favorable mix toward higher-margin technical apparel and SG&A leverage from scaled DTC and retail. Sustained gross margins near 58–60% and operating leverage point to improved earnings quality and structural profitability if product mix and cost discipline persist.
Balance Sheet Repair & Liability ReductionUsing equity proceeds to retire $720M of secured notes materially simplifies capital structure, lowers interest burden and reduces refinancing risk. Combined with reported net cash at quarter end, this enhances financial flexibility to fund growth and absorb cycling inventory needs over the medium term.
Bears Say
Elevated InventoriesInventories rising faster than sales ties up working capital and increases markdown and obsolescence risk across seasonal categories. This can pressure cash conversion and FCF conversion for several quarters, especially if demand rebalances or retail buy patterns shift seasonally.
Sourcing Constraints & ReinvestmentSupply constraints limit ability to convert demand into sales, capping near-term growth despite strong brand pull. Concurrent reinvestments raise operating cost base and require time to pay off, pressuring margins and execution reliability across regions for multiple quarters.
Segment Margin Pressure (Ball & Racquet)Investing behind Wilson and other initiatives depresses segment profitability while returns are uncertain and may take many quarters to materialize. Persistent underperformance in this category could drag consolidated margins and require either more capital or strategic repricing to restore long-term ROI.
Amer Sports, Inc. News
AS FAQ
What was Amer Sports, Inc.’s price range in the past 12 months?
Amer Sports, Inc. lowest stock price was $28.92 and its highest was $42.76 in the past 12 months.
What is Amer Sports, Inc.’s market cap?
Amer Sports, Inc.’s market cap is $20.88B.
When is Amer Sports, Inc.’s upcoming earnings report date?
Amer Sports, Inc.’s upcoming earnings report date is Aug 25, 2026 which is in 61 days.
How were Amer Sports, Inc.’s earnings last quarter?
Amer Sports, Inc. released its earnings results on May 19, 2026. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.306 by $0.074.
Is Amer Sports, Inc. overvalued?
According to Wall Street analysts Amer Sports, Inc.’s price is currently Undervalued.
Does Amer Sports, Inc. pay dividends?
Amer Sports, Inc. does not currently pay dividends.
What is Amer Sports, Inc.’s EPS estimate?
Amer Sports, Inc.’s EPS estimate is 0.1.
How many shares outstanding does Amer Sports, Inc. have?
Amer Sports, Inc. has 578,271,800 shares outstanding.
What happened to Amer Sports, Inc.’s price movement after its last earnings report?
Amer Sports, Inc. reported an EPS of $0.38 in its last earnings report, beating expectations of $0.306. Following the earnings report the stock price went up 2.051%.
Which hedge fund is a major shareholder of Amer Sports, Inc.?
Currently, no hedge funds are holding shares in AS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Amer Sports, Inc. Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$51.00 (37.43% Upside)
$51.00 (37.43% Upside)
Blogger Sentiment
Bullish
AS Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 3.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $29.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 4.5%
Last 30 Days ▼ 4.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.35%
12-Months-Change
Fundamentals
Return on Equity
7.72%
Trailing 12-Months
Asset Growth
17.39%
Trailing 12-Months
Company Description
Amer Sports, Inc.
Amer Sports, Inc. is a global enterprise dedicated to the creation, production, promotion, and sale of athletic equipment, clothing, footwear, and related accessories. The company's extensive reach covers Europe, the Middle East, Africa, the Americas, China, and the wider Asia Pacific region. Its operations are structured into three main divisions. The Technical Apparel segment focuses on high-performance outdoor wear, shoes, and accessories, primarily under the Arc'teryx and Peak Performance brands. The Outdoor Performance segment supplies a variety of outdoor apparel, footwear, accessories, and winter sports gear from labels such as Salomon, Atomic, Armada, and ENVE. Finally, the Ball & Racquet Sports segment delivers sports equipment, activewear, and accessories, featuring prominent brands like Wilson, DeMarini, Louisville Slugger, EvoShield, and ATEC. Beyond these brand-specific offerings, Amer Sports' product range includes specialized items like climbing gear, hiking and running shoes, skiing and snowboarding equipment, functional athletic apparel, and lifestyle footwear. They also provide sporting goods for popular activities such as tennis, baseball, American football, basketball, golf, and many other professional and recreational sports. The company's products are distributed through a diverse network that encompasses its own retail stores, major sporting goods retailers, specialty shops, independently operated partner stores, and various distributors. Furthermore, sales are conducted online via their proprietary e-commerce platforms, as well as through retailer-owned and third-party e-commerce sites. Established in 1950 and headquartered in Helsinki, Finland, the company was previously known as Amer Sports Management Holding (Cayman) Limited, officially changing its name to Amer Sports, Inc. in August 2023.
AS Company Deck
AS Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational momentum: high-teens to low-twenties revenue growth, double-digit segment growth in key brands (Arc'teryx and Salomon), significant margin expansion, raised full-year guidance and strong cash/net cash position. Notable risks include elevated inventory growth, higher corporate costs, sourcing constraints for high-demand Salomon product, Ball & Racquet margin pressure due to investments, and tariff/macro uncertainty. On balance the positives (growth, margin expansion, guidance raise, DTC strength and brand momentum) materially outweigh the challenges.View all AS earnings summariesAS Stock 12 Month Forecast
Average Price Target
$51.00
▲(37.43% Upside)
Technical Analysis
Ownership Overview
0.26% Insiders
5.13% Mutual Funds
16.95% Other Institutional Investors
76.07% Public Companies and
Individual Investors