American Greetings stock hits 52-week high at $17.2 amid robust growth

Published 17/03/2025, 15:12
American Greetings stock hits 52-week high at $17.2 amid robust growth

American Greetings Corporation (AM) stock has soared to a 52-week high, reaching a price level of $17.2, signaling a period of strong performance for the company. With a market capitalization of $8.22 billion and an attractive dividend yield of 5.29%, the company has maintained dividend payments for nine consecutive years. According to InvestingPro analysis, the stock is currently trading above its Fair Value. This peak comes amidst a notable uptrend in the stock’s value, with the 1-year total return reaching an impressive 35.27%. Investors have shown growing confidence in American Greetings, as the company continues to expand its market presence and adapt to the evolving consumer demand for personalized and digital greeting solutions. Trading at a P/E ratio of 20.54, the stock’s ascent to this new high point underscores the successful strategies implemented by the company’s management, positioning American Greetings as a robust player in its industry. Discover 8 additional exclusive insights about AM on InvestingPro.

In other recent news, Amer Sports reported fourth-quarter earnings that did not meet analyst expectations. The company posted adjusted earnings per share of $0.17, falling short of the anticipated $0.34. Despite this, revenue increased by 23% year-over-year to $1.64 billion. For the full year 2025, Amer Sports provided guidance for earnings per share between $0.64 and $0.69, slightly below the consensus estimate of $0.69. The company anticipates revenue growth of 13-15% for the year. Revenue in the Technical Apparel segment surged 33% to $745 million, while the Outdoor Performance and Ball (NYSE:BALL) & Racquet Sports segments grew by 13% and 22%, respectively. Gross margin improved by 370 basis points to 56.1% in the fourth quarter, and adjusted operating profit increased by 63% to $223 million. Despite strong growth in various segments, the earnings miss and cautious outlook have left some investors concerned.

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