With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.86 million shares. During the session, the Leisure company that operates in wider Consumer Cyclical sector, reached to the highest price of $28.85 whereas the lowest price it dropped to was $28.29. The 52-week range on AS shows that it touched its highest point at $29.43 and its lowest point at $10.11 during that stretch. It currently has a 1-year price target of $28.75.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AS was up-trending over the past week, with a rise of 0.14%, but this was up by 18.44% over a month. Three-month performance surged to 90.60% while six-month performance rose 103.82%. A look at the trailing 12-month EPS for AS yields -0.07 with Next year EPS estimates of 0.69. For the next quarter, that number is 0.18. This implies an EPS growth rate of 231.97% for this year and 48.65% for next year.
Float and Shares Shorts:
At present, 505.56 million AS shares are outstanding with a float of 74.29 million shares on hand for trading. On 2024-10-31, short shares totaled 6.46 million, which was 128.0 higher than short shares on 1727654400. In addition to Mr. Jie Zheng as the firm’s CEO, Interim President & Director and CEO of Salomon, Mr. Michael Hauge Sørensen serves as its Chief Operating Officer.
Institutional Ownership:
Through their ownership of 0.23268999 of AS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, AS reported revenue of $1353800000.0 and operating income of $176700000.0. The EBITDA in the recently reported quarter was $177800000.0 and diluted EPS was $0.11.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AS since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AS analysts setting a high price target of 37.0 and a low target of 19.0, the average target price over the next 12 months is 27.55556. Based on these targets, AS could surge 28.56% to reach the target high and fall by -33.98% to reach the target low. Reaching the average price target will result in a decline of -4.25% from current levels.
Analysts have provided yearly estimates in a range of $0.47192 being high and $0.45184 being low. For AS, this leads to a yearly average estimate of $0.46188. Based on analyst estimates, the high estimate for the next quarter is $0.21 and the low estimate is $0.14. The average estimate for the next quarter is thus $0.18.
