Analysts have differing opinions on the stock, with 11 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for AS is 68.22M, and currently, short sellers hold a 9.97% ratio of that floaft. The average trading volume of AS on November 07, 2024 was 1.82M shares.
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AS) stock’s latest price update
Amer Sports Inc (NYSE: AS) has experienced a decline in its stock price by -3.53 compared to its previous closing price of 18.71. However, the company has seen a gain of 2.44% in its stock price over the last five trading days. zacks.com reported 2024-10-25 that Investors interested in stocks from the Leisure and Recreation Products sector have probably already heard of Amer Sports, Inc. (AS) and Sportradar Group AG (SRAD). But which of these two companies is the best option for those looking for undervalued stocks?
AS’s Market Performance
AS’s stock has risen by 2.44% in the past week, with a monthly drop of -1.63% and a quarterly rise of 54.80%. The volatility ratio for the week is 3.92% while the volatility levels for the last 30 days are 4.12% for Amer Sports Inc The simple moving average for the last 20 days is -1.97% for AS’s stock, with a simple moving average of 22.62% for the last 200 days.
Analysts’ Opinion of AS
Many brokerage firms have already submitted their reports for AS stocks, with Wells Fargo repeating the rating for AS by listing it as a “Equal Weight.” The predicted price for AS in the upcoming period, according to Wells Fargo is $19 based on the research report published on October 14, 2024 of the current year 2024.
Wells Fargo gave a rating of “Overweight” to AS, setting the target price at $19 in the report published on February 26th of the current year.
AS Trading at 9.39% from the 50-Day Moving Average
After a stumble in the market that brought AS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.51% of loss for the given period.
Volatility was left at 4.12%, however, over the last 30 days, the volatility rate increased by 3.92%, as shares sank -6.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.29% upper at present.
During the last 5 trading sessions, AS rose by +2.44%, in comparison to the 20-day moving average, which settled at $18.41. In addition, Amer Sports Inc saw 34.70% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AS
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.53 for the gross margin
The net margin for Amer Sports Inc stands at -0.03. The total capital return value is set at 0.04.
Based on Amer Sports Inc (AS), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.54. The interest coverage ratio of the stock is 0.76.
Currently, EBITDA for the company is 476.36 million with net debt to EBITDA at 4.25. When we switch over and look at the enterprise to sales, we see a ratio of 2.61. The receivables turnover for the company is 9.65for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.87.
Conclusion
In a nutshell, Amer Sports Inc (AS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
