Amer Sports Inc (AS) saw downtrend of -0.44% in the recent trading with $22.65 being its most recent. The current price level -33.38% lower than the highest price of $34.00 marked by the stock while trading over the past 52-weeks, whereas it is 124.04% higher than the lowest price of $10.11 the company dropped to over past 52-weeks. The latest news story on AS appeared in (Insider Monkey) under the title “Is Amer Sports, Inc. (AS) Among the Best Golf Stocks to Buy According to Analysts?”.
Squeezing the time span to 30 day period shows us the stock is currently trading -23.89% below one month high and is +12.07% above of the lowest during that time. Looking into the simple moving average, Amer Sports Inc (AS)’s stock stands at a SMA-50 of $27.88 while that of 5-day is reading $22.75.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and AS’s SMA-200 as of now is $21.38.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.61 for the stock.
Amer Sports Inc Earnings – What Happened With AS
Coming around sales and income figures on AS Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
AS – Amer Sports Inc Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 553.63 million. AS does have institutional investors; and they hold 17.42% of the stock.
Amer Sports Inc – Insider Activity and Holdings
As on 2024-06-30, FOUNTAINVEST CHINA CAPITAL PARTNERS GP3 LTD. was the top most holder in Amer Sports Inc (NYSE:AS) with an ownership of 69.1 million shares of the company or 13.6763 of the stake worth $868.58 million. The filing also reveals BROWN ADVISORY INC as the second largest holder in the company with a control over 1.0474 of the outstanding shares. Its stake is worth $66.52 million for having 5.29 million shares in hand.
FMR LLC also came holding a key position in the company during the recent quarter and it now holds 0.8708 of the outstanding shares. With this there are now 273.0 institutions which have possession in AS’s shares.
Currently, the stock has been recommended as Strong Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.61 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Amer Sports Inc has a debt to equity ratio of 0.30.
Technical Analysis of Amer Sports Inc (NYSE:AS) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Amer Sports Inc (AS), we notice that the stock’s 20-day average volume is at 4,510,605 shares and 50% of short term indicators are suggesting the stock as Sell. Its 50-day average volume of 4,169,092 shares. And to end with, AS’s 100-day average volume are 3,682,124 shares.
