AS stock icon

Amer Sports
AS

$11.65
3.93%

Market Cap: 5.89B

 

About: Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $4.4 billion in 2023. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2023, the firm generates 40% of its revenue from the Americas, 33% from Europe, the Middle East, and Africa, 19% from China, and 7% from Asia-Pacific, excluding China.

Employees: 11,400

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 17 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

174,463,867,900% more capital invested

Capital invested by funds: $0 [Q4 2023] → $1.74B (+$1.74B) [Q1 2024]

8,400% more funds holding

Funds holding: 0 [Q4 2023] → 84 (+84) [Q1 2024]

8,400% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 0

300% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 3 (+3) [Q1 2024]

21.87% more ownership

Funds ownership: 0% [Q4 2023] → 21.87% (+21.87%) [Q1 2024]

91% less call options, than puts

Call options by funds: $766K | Put options by funds: $8.63M

Research analyst outlook

17 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$15
29%
upside
Avg. target
$18.62
60%
upside
High target
$23
97%
upside

17 analyst ratings

13 positive
76%
neutral
24%
negative
0%
Morgan Stanley
Alex Straton
29%upside
$15
Equal-Weight
Maintained
23 May 2024
Wells Fargo
Ike Boruchow
46%upside
$17
Overweight
Maintained
25 Apr 2024
Bernstein
Melinda Hu
37%upside
$16
Market Perform
Downgraded
8 Apr 2024
B of A Securities
Lorraine Hutchinson
63%upside
$19
Buy
Maintained
6 Mar 2024
Exane BNP Paribas
Laurent Vasilescu
63%upside
$19
Outperform
Initiated
26 Feb 2024

Financial journalist opinion