Amer Sports
AS

$11.04

1.66%

Market Cap: 5.58B

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

See Fund Rankings

Research analyst outlook

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

Low target

$15

36%

upside

Avg. target

$18.62

69%

upside

High target

$23

108%

upside

17 analyst ratings

13 positive

76%

4 neutral

24%

0 negative

0%

Morgan Stanley Alex Straton	36%upside $15	Equal-Weight Maintained	23 May 2024
Wells Fargo Ike Boruchow	54%upside $17	Overweight Maintained	25 Apr 2024
Bernstein Melinda Hu	45%upside $16	Market Perform Downgraded	8 Apr 2024
B of A Securities Lorraine Hutchinson	72%upside $19	Buy Maintained	6 Mar 2024
Exane BNP Paribas Laurent Vasilescu	72%upside $19	Outperform Initiated	26 Feb 2024

See Analyst Rankings

Financial journalist opinion

24/7 Wall Street

The Single Best Stock to Buy Under $15

24/7 Wall Street Insights Helsinki headquartered Amer Sports (NYSE: AS) owns some of the top sports equipment brands in the world that dominate the American football, baseball and basketball pro and college leagues, as well as global tennis and skiing.

The Single Best Stock to Buy Under $15

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If you're looking for robust returns and can handle the potential for near-term volatility, then the concept of targeting up-and-coming stocks could be right for you. By this category, I'm not necessarily referring to entities that just incorporated a few days ago.

The Next Big Winners: 3 Up-and-Coming Stocks With Strong Potential

Wilson tennis racket maker Amer Sports beats Q1 estimates on robust demand

Amer Sports topped market expectations for first-quarter revenue and profit on Tuesday, helped by higher pricing and robust demand for its popular sporting goods brands in China and the United States.

Wilson tennis racket maker Amer Sports beats Q1 estimates on robust demand

Amer Sports Reports First Quarter 2024 Financial Results, Company Updates Full Year Guidance

HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the first quarter of 2024. CEO James Zheng commented, “The momentum behind our strong financial performance has continued through the first quarter of 2024, as we delivered sales and profitability above our guidance. Our transformation to a brand-direct business model four years ago continues to fuel profitable growth today, and our high-performance technical product.

Amer Sports Reports First Quarter 2024 Financial Results, Company Updates Full Year Guidance

Amer Sports, Inc. to Report First Quarter 2024 Financial Results on May 21, 2024

HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its first quarter 2024 financial results before the market opens on Tuesday, May 21st 2024. The company will webcast a call with management that day at 8:00 a.m. Eastern Time. Amer Sports, Inc.'s webcast will be available via the company website at Amer Sports - Investor Relations. A replay of the conference call will be available approximately th.

Amer Sports, Inc. to Report First Quarter 2024 Financial Results on May 21, 2024

Crewe Capital advises PV3 Investments in the Acquisition of ENVE Composites

SALT LAKE CITY--(BUSINESS WIRE)--Crewe Capital (Crewe), one of the nation's leading boutique investment banks, exclusively guided private investment firm PV3 Investments (PV3) in its purchase of ENVE Composites (ENVE), a U.S. cycling manufacturer, from its parent company Amer Sports (NYSE: AS). Both headquartered in Utah, ENVE was a natural fit for PV3, whose owners are passionate about cycling and want to support its continued growth. Founded in 2007, ENVE is one of the few U.S. cycling brands.

Crewe Capital advises PV3 Investments in the Acquisition of ENVE Composites

Billionaire Bargain Hunting: 3 Stocks Michael Rubin Should Add to His Empire

An April article from the financial publication MoneyWeek has me pondering Michael Rubin stocks. The 51-year-old billionaire is a major player in the sports industry through his $31 billion company, Fanatics.

Billionaire Bargain Hunting: 3 Stocks Michael Rubin Should Add to His Empire

Amer Sports, Inc. Announces Filing of Annual Report on Form 20-F

HELSINKI, Finland--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 has been filed with the Securities and Exchange Commission. The Annual Report on Form 20-F can be accessed on the Company's investor relations website at Amer Sports - Investor Relations and on the SEC's website at www.sec.gov. The Company's security holders may request a hard co.

Amer Sports, Inc. Announces Filing of Annual Report on Form 20-F

Amer Sports: A Strategic Dive Into Opportunities And Challenges

Amer Sports competes in the $450B global market for athletic apparel, footwear, and equipment, benefiting from trends in health/wellness and outdoor activities. The company boasts a diversified portfolio with market-leading brands like Arc'teryx, Salomon, and Wilson, which contribute significantly to its sales across various segments. Amer has seen impressive growth, with a +20% two-year revenue CAGR and a +300bps increase in gross margins, thanks to strategic initiatives, including a leadership overhaul.

Amer Sports: A Strategic Dive Into Opportunities And Challenges

Amer Sports, Inc. (AS) Q4 2023 Earnings Call Transcript

Amer Sports, Inc. (AS) Q4 2023 Earnings Call Transcript

Amer Sports, Inc. (AS) Q4 2023 Earnings Call Transcript

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