US stock futures flat after Wall St drops on Trump tariffs, soft jobs data
American Greetings Corp (NYSE:AM). stock has soared to a 52-week high, reaching a price level of $18.25. This peak reflects a significant uptrend for the company, which has seen its stock value surge by 39% over the past year and 21.3% year-to-date. According to InvestingPro analysis, the stock appears overvalued at current levels, with technical indicators suggesting overbought conditions. Investors have shown increased confidence in the greeting card and party goods manufacturer, responding to strategic business moves and market conditions that have favored the company’s growth. The 52-week high milestone underscores a period of robust performance for American Greetings, which maintains a healthy 4.99% dividend yield and boasts a "GREAT" financial health score. InvestingPro subscribers can access 12 additional investment tips and a comprehensive valuation analysis for smarter decision-making.
In other recent news, Amer Sports Inc. reported its fourth-quarter earnings, which did not meet analyst expectations. The company posted adjusted earnings per share of $0.17, falling short of the anticipated $0.34. Despite revenue rising 23% year-over-year to $1.64 billion, the earnings miss and softer full-year guidance seemed to have disappointed investors. Amer Sports forecasts earnings per share between $0.64 and $0.69 for 2025, below the consensus of $0.69, and expects revenue growth of 13-15% for the year. The company’s Technical Apparel segment saw a significant revenue increase of 33% to $745 million, while other segments also showed growth.
In another development, Antero Midstream Partners LP experienced an upgrade in its stand-alone credit profile from ’bb’ to ’bb+’ by S&P Global Ratings. This revision reflects improved credit metrics and sustained deleveraging efforts. The company’s long-term issuer credit and debt ratings were confirmed at ’BB+’, with a stable outlook. Antero Midstream’s leverage improved in 2024 due to debt repayment and EBITDA growth, with expectations to maintain leverage between 2.5x and 3.0x in the near term. The company plans to continue using free cash flow to reduce debt and repurchase equity.
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