adidas (OTCMKTS:ADDYY)‘s stock had its “buy” rating reiterated by research analysts at UBS Group in a research report issued to clients and investors on Monday, The Fly reports.
A number of other brokerages have also weighed in on ADDYY. Kepler Capital Markets upgraded shares of adidas to a “buy” rating in a report on Sunday, January 10th. Jefferies Financial Group upgraded adidas from a “hold” rating to a “buy” rating in a research note on Monday. Credit Suisse Group reaffirmed a “neutral” rating on shares of adidas in a report on Friday, March 12th. Piper Sandler reiterated a “neutral” rating on shares of adidas in a report on Wednesday, March 3rd. Finally, Exane BNP Paribas raised adidas from a “neutral” rating to an “outperform” rating in a report on Wednesday, January 13th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $199.00.
OTCMKTS ADDYY traded up $2.10 during trading hours on Monday, hitting $166.83. 26,200 shares of the company were exchanged, compared to its average volume of 68,546. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.38. The firm has a market cap of $65.39 billion, a price-to-earnings ratio of 121.77, a PEG ratio of 5.58 and a beta of 0.84. The company has a 50 day moving average of $168.73 and a two-hundred day moving average of $168.74. adidas has a 52-week low of $102.27 and a 52-week high of $185.00.
adidas (OTCMKTS:ADDYY) last announced its quarterly earnings data on Tuesday, March 9th. The company reported $0.40 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.40. adidas had a return on equity of 7.19% and a net margin of 2.33%. On average, equities research analysts predict that adidas will post 1.18 EPS for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of ADDYY. DSM Capital Partners LLC acquired a new stake in shares of adidas in the fourth quarter valued at approximately $25,000. Hollencrest Capital Management purchased a new stake in adidas in the 4th quarter valued at $213,000. Rhumbline Advisers acquired a new stake in adidas during the 4th quarter worth $285,000. Captrust Financial Advisors grew its position in adidas by 15.5% during the 3rd quarter. Captrust Financial Advisors now owns 2,039 shares of the company’s stock worth $334,000 after purchasing an additional 274 shares during the last quarter. Finally, Colony Group LLC increased its stake in adidas by 32.7% in the third quarter. Colony Group LLC now owns 2,118 shares of the company’s stock valued at $343,000 after purchasing an additional 522 shares during the period. Institutional investors own 0.36% of the company’s stock.
adidas Company Profile
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. The company operates through ten segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Russia/CIS, Latin America, Emerging Markets, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.
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