Amer Sports (NYSE:AS) Releases FY 2026 Earnings Guidance

Amer Sports (NYSE:AS) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.180-1.230 for the period, compared to the consensus earnings per share estimate of 1.200. The company issued revenue guidance of $7.9 billion-$8.0 billion, compared to the consensus revenue estimate of $7.7 billion.

Amer Sports Stock Performance

AS stock opened at $33.15 on Tuesday. The company has a market cap of $18.36 billion, a P/E ratio of 44.20, a price-to-earnings-growth ratio of 1.35 and a beta of 2.16. Amer Sports has a twelve month low of $28.92 and a twelve month high of $42.76. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. The business’s fifty day moving average is $34.22 and its 200-day moving average is $35.80.

Amer Sports (NYSE:AS) last released its earnings results on Monday, May 18th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.07. The firm had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%. Equities research analysts forecast that Amer Sports will post 1.16 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on AS shares. Piper Sandler reiterated an “overweight” rating on shares of Amer Sports in a report on Friday, February 20th. UBS Group reiterated a “buy” rating on shares of Amer Sports in a report on Friday, March 13th. Zacks Research cut Amer Sports from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Evercore boosted their price objective on Amer Sports from $50.00 to $51.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Finally, Weiss Ratings upgraded Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $47.18.

Insider Buying and Selling

In other news, CFO Andrew E. Page sold 6,005 shares of Amer Sports stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total value of $217,741.30. Following the completion of the sale, the chief financial officer directly owned 11,828 shares in the company, valued at approximately $428,883.28. The trade was a 33.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Stuart Haselden sold 11,438 shares of Amer Sports stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $36.26, for a total transaction of $414,741.88. Following the completion of the sale, the chief executive officer owned 15,275 shares of the company’s stock, valued at approximately $553,871.50. The trade was a 42.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 27,125 shares of company stock valued at $956,673.

Institutional Investors Weigh In On Amer Sports

Hedge funds and other institutional investors have recently made changes to their positions in the business. Scopus Asset Management L.P. acquired a new position in shares of Amer Sports during the second quarter worth $108,562,000. Viking Global Investors LP grew its holdings in Amer Sports by 63.5% during the 3rd quarter. Viking Global Investors LP now owns 6,343,481 shares of the company’s stock worth $220,436,000 after acquiring an additional 2,462,832 shares during the period. Balyasny Asset Management L.P. bought a new position in shares of Amer Sports during the 2nd quarter worth about $87,287,000. BNP Paribas Financial Markets boosted its position in shares of Amer Sports by 244.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,533,612 shares of the company’s stock worth $98,203,000 after purchasing an additional 1,798,170 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in shares of Amer Sports by 1,983.1% during the 3rd quarter. Alliancebernstein L.P. now owns 1,764,308 shares of the company’s stock worth $61,310,000 after purchasing an additional 1,679,612 shares in the last quarter. 40.25% of the stock is currently owned by institutional investors and hedge funds.

Amer Sports Company Profile

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).