Amer Sports (NYSE:AS) Given “Buy” Rating at BTIG Research
by Doug Wharley · The Cerbat GemAmer Sports (NYSE:AS – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at BTIG Research in a report released on Friday, Benzinga reports. They currently have a $42.00 price target on the stock. BTIG Research’s price target would indicate a potential upside of 60.28% from the stock’s previous close.
Several other research firms have also recently weighed in on AS. Piper Sandler restated an “overweight” rating on shares of Amer Sports in a research note on Wednesday, August 19th. JPMorgan Chase & Co. increased their price objective on Amer Sports from $59.00 to $64.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. BMO Capital Markets started coverage on Amer Sports in a research report on Tuesday, September 8th. They issued an “outperform” rating and a $38.00 target price for the company. Barclays upped their target price on shares of Amer Sports from $49.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Finally, Truist Financial dropped their target price on shares of Amer Sports from $50.00 to $42.00 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $45.92.
View Our Latest Report on Amer Sports
Amer Sports Trading Down 3.4%
NYSE:AS opened at $26.20 on Friday. The company’s 50 day moving average price is $32.62 and its 200-day moving average price is $33.93. Amer Sports has a 52 week low of $26.18 and a 52 week high of $42.76. The company has a quick ratio of 0.80, a current ratio of 1.76 and a debt-to-equity ratio of 0.11. The stock has a market cap of $14.51 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 0.87 and a beta of 1.99.
Amer Sports (NYSE:AS – Get Free Report) last announced its quarterly earnings data on Monday, August 17th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.11. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. Amer Sports had a net margin of 7.35% and a return on equity of 11.18%. The firm’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.03 EPS. On average, equities research analysts forecast that Amer Sports will post 1.29 earnings per share for the current fiscal year.
Insider Activity at Amer Sports
In other Amer Sports news, CFO Andrew Page sold 2,022 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $28.63, for a total value of $57,889.86. Following the completion of the transaction, the chief financial officer directly owned 6,575 shares in the company, valued at $188,242.25. This represents a 23.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Wen-Chang Chen sold 117,461 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $26.60, for a total transaction of $3,124,462.60. Following the completion of the sale, the insider directly owned 434,855 shares of the company’s stock, valued at approximately $11,567,143. This trade represents a 21.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.
Institutional Investors Weigh In On Amer Sports
A number of institutional investors have recently bought and sold shares of AS. Aspex Management HK Ltd increased its stake in Amer Sports by 27.9% in the 4th quarter. Aspex Management HK Ltd now owns 7,593,627 shares of the company’s stock worth $283,622,000 after acquiring an additional 1,658,536 shares during the last quarter. Artisan Partners Limited Partnership grew its stake in shares of Amer Sports by 1,306.7% in the 4th quarter. Artisan Partners Limited Partnership now owns 5,214,439 shares of the company’s stock worth $194,759,000 after buying an additional 4,843,742 shares in the last quarter. Avala Global LP increased its holdings in shares of Amer Sports by 38.8% in the 4th quarter. Avala Global LP now owns 4,637,149 shares of the company’s stock worth $173,198,000 after buying an additional 1,297,200 shares during the last quarter. Temasek Holdings Private Ltd raised its position in shares of Amer Sports by 42.1% during the 1st quarter. Temasek Holdings Private Ltd now owns 3,665,157 shares of the company’s stock valued at $120,657,000 after buying an additional 1,086,616 shares in the last quarter. Finally, Brown Advisory Inc. lifted its holdings in shares of Amer Sports by 5.4% in the 4th quarter. Brown Advisory Inc. now owns 3,372,726 shares of the company’s stock valued at $125,971,000 after acquiring an additional 172,518 shares during the last quarter. Hedge funds and other institutional investors own 40.25% of the company’s stock.
More Amer Sports News
Here are the key news stories impacting Amer Sports this week:
- Positive Sentiment: Amer Sports raised its third-quarter 2026 outlook and updated its long-term financial targets, signaling continued momentum across Arc’teryx, Salomon and its other premium sports brands. The updates were announced ahead of the company’s investor day and provide greater visibility into its growth strategy. Amer Sports Updates Long-Term Financial Algorithm and Third Quarter 2026 Guidance
- Positive Sentiment: The company is targeting $3 billion in annual Salomon sales by 2028. Success would make Salomon a larger growth driver and strengthen Amer Sports’ broader revenue-expansion plans. Amer Sports Targets $3 Billion in Salomon Sales by 2028
- Positive Sentiment: UBS said the raised third-quarter outlook supports its fiscal 2026 estimates. Analysts and investors have also highlighted Amer Sports’ strong revenue growth, approximately 60% gross margins, diversified brand portfolio and net-cash position. Amer Sports’ Raised Q3 Outlook Supports Fiscal 2026 Estimates, UBS Says
- Neutral Sentiment: Amer Sports’ direct-to-consumer expansion and expected margin gains could support long-term earnings growth, but investors still need evidence that the company can translate ambitious sales targets into sustained cash flow and profitability. Amer Sports’ 2026 Outlook
- Negative Sentiment: Insider Wen-Chang Chen sold 117,461 shares for approximately $3.1 million, reducing his direct ownership by 21.27%. Although he retained a significant stake, the transaction may pressure sentiment while AS trades near its annual low. Trade-policy uncertainty and potential tariffs also remain risks for margins and international growth. Amer Sports Insider Sells Stock
About Amer Sports
Amer Sports, Inc (NYSE: AS) is a global sporting goods company that designs, manufactures and markets equipment, apparel, footwear and accessories for outdoor, action sports and team sports. Its products are sold through wholesale partners, company-operated stores and digital channels across North America, Europe, Asia and other international markets.
The company’s brand portfolio includes Arc’teryx, which focuses on premium outdoor apparel and equipment; Salomon, known for mountain sports footwear and equipment; Wilson, which serves tennis, pickleball, baseball, basketball and other team sports; Atomic, which specializes in skiing products; and Peak Performance and Armada, which offer outdoor and winter sports apparel and equipment.
Amer Sports traces its origins to 1950 in Finland, where it was established as Amer-Yhtymä before developing into a diversified sporting goods group.
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