Anta Sports Products (2020) Earnings: FY Revenue Meets Estimates with a Gross Margin of 62.6%

Anta Sports Products on Smartkarma

Anta Sports Products has been receiving a lot of coverage from analysts on Smartkarma, an independent investment research network. Sumeet Singh, an analyst on the platform, recently published a weekly update on deals and IPOs, mentioning Anta Sports’ pricing and placement in the market. Osbert Tang, CFA, another analyst on Smartkarma, also published an updated report on the implications of Amer Sports’ IPO, which is 52.7% owned by Anta Sports. The report states that Anta Sports could potentially gain HK$13.5 billion from this IPO, which is about 6.8% of its market cap. Additionally, Steve Zhou, CFA, published a report on Anta Sports’ in-line 4Q23 operational update and the submission of Amer Sports’ listing on the New York Stock Exchange. Zhou also published a high conviction pick for Anta Sports in 2024, citing its above-industry earnings growth and flexible multi-brand strategy. Tang also wrote about Anta Sports’ solid performance in 3Q23 and the potential impact of acquiring MAIA ACTIVE and Amer Sports’ potential US IPO. With all of this coverage and analysis, it’s clear that Anta Sports is a company to keep an eye on in the market.

A look at Anta Sports Products Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Anta Sports Products Limited, a company that creates and sells sports footwear and apparel, is looking promising for the long-term according to Smartkarma Smart Scores. The company received a score of 4 out of 5 for both Dividend and Growth, indicating positive outlooks for these factors. This means that Anta Sports Products may have potential for growth and may also provide dividends to its shareholders.

In addition, the company has a high score of 5 out of 5 for Resilience, meaning that it is well-equipped to withstand any potential challenges in the future. This is an important factor for a company’s long-term success. Anta Sports Products also received a score of 4 out of 5 for Momentum, suggesting that it is currently performing well in the market. Overall, with these high scores in various important factors, it seems that Anta Sports Products is on a positive track for its future prospects.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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