ANTA Sports: Bullish On Sales Outperformance And Capital Allocation Upside (Rating Upgrade)

January 16, 2025 05:33:18 am

Source: SeekingAlpha

2025-01-16 05:33:18 ET

Summary

I upgraded ANTA Sports stock to Buy due to strong Q4 2024 performance and increasing market share in China's sportswear sector.
Impressive sales growth in Q4 2024, with ANTA brand up HSD and FILA brand turning around with MSD growth.
Strong financials enable capital return and investment, including rapid share buybacks, potential M&A, and increased dividend payouts.

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ANTA Sports Products Limited ADR

2.24% G/L:

$257.329 Last:

743 Volume:

$251.30 Open:

Market Cap $30,001,288,832

Float 110,404,800

Insiders Ownership N/A

Institutions 2

Short Percent N/A

Industry Hotels, Lodging & Leisure

Sector Consumer Discretionary

Country CN

City Fujian Province