In the past week, AS stock has gone down by -5.05%, with a monthly gain of 3.39% and a quarterly surge of 43.36%. The volatility ratio for the week is 4.02%, and the volatility levels for the last 30 days are 4.20% for Amer Sports Inc The simple moving average for the past 20 days is 4.24% for AS’s stock, with a 30.91% simple moving average for the past 200 days.
Is It Worth Investing in Amer Sports Inc (NYSE: AS) Right Now?
Analysts have varying views on the stock, with 13 analysts rating it as a “buy,” 5 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for AS is 65.81M, and currently, shorts hold a 9.82% of that float. The average trading volume for AS on November 19, 2024 was 1.93M shares.
AS) stock’s latest price update
Amer Sports Inc (NYSE: AS)’s stock price has plunge by 1.09relation to previous closing price of 19.33. Nevertheless, the company has seen a -5.05% plunge in its stock price over the last five trading sessions. 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?
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 12.08% 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 -5.51% of loss for the given period.
Volatility was left at 4.20%, however, over the last 30 days, the volatility rate increased by 4.02%, as shares surge +3.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.69% upper at present.
During the last 5 trading sessions, AS fell by -5.05%, which changed the moving average for the period of 200-days by +30.70% in comparison to the 20-day moving average, which settled at $18.74. In addition, Amer Sports Inc saw 45.82% 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:
- 0.05 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 0.03.
Based on Amer Sports Inc (AS), the company’s capital structure generated 0.34 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 0.51. The interest coverage ratio of the stock is 0.7.
Currently, EBITDA for the company is 521.1 million with net debt to EBITDA at 4.75. When we switch over and look at the enterprise to sales, we see a ratio of 2.77. The receivables turnover for the company is 10.25for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.87.
Conclusion
In conclusion, Amer Sports Inc (AS) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
