ADIDAS AG/S (OTCMKTS:ADDYY) Receives Average Rating of “Hold” from Brokerages

Shares of ADIDAS AG/S (OTCMKTS:ADDYY) have earned a consensus recommendation of “Hold” from the sixteen ratings firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company.

Several brokerages have commented on ADDYY. Citigroup reissued a “buy” rating on shares of ADIDAS AG/S in a report on Tuesday, April 28th. DZ Bank downgraded ADIDAS AG/S from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Zacks Investment Research upgraded ADIDAS AG/S from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 30th. BNP Paribas upgraded shares of ADIDAS AG/S from a “neutral” rating to an “outperform” rating in a research report on Tuesday, March 17th. Finally, HSBC upgraded shares of ADIDAS AG/S from a “hold” rating to a “buy” rating in a research report on Thursday, April 9th.

Institutional investors have recently added to or reduced their stakes in the company. Capital Square LLC acquired a new position in ADIDAS AG/S during the 1st quarter worth approximately $213,000. Archer Investment Corp bought a new position in shares of ADIDAS AG/S in the fourth quarter worth approximately $335,000. Private Capital Group LLC increased its position in shares of ADIDAS AG/S by 32.1% in the first quarter. Private Capital Group LLC now owns 2,288 shares of the company’s stock worth $258,000 after purchasing an additional 556 shares during the last quarter. Hancock Whitney Corp grew its position in ADIDAS AG/S by 29.4% during the first quarter. Hancock Whitney Corp now owns 3,770 shares of the company’s stock valued at $420,000 after acquiring an additional 856 shares during the last quarter. Finally, Mitchell Capital Management Co. boosted its stake in shares of ADIDAS AG/S by 8.8% during the first quarter. Mitchell Capital Management Co. now owns 5,886 shares of the company’s stock valued at $656,000 after purchasing an additional 474 shares during the period. Institutional investors own 0.12% of the company’s stock.

Shares of ADDYY opened at $135.14 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.78 and a debt-to-equity ratio of 0.23. ADIDAS AG/S has a 12-month low of $87.65 and a 12-month high of $176.36. The company has a market cap of $52.40 billion, a PE ratio of 34.74, a price-to-earnings-growth ratio of 15.97 and a beta of 0.85. The stock has a 50-day moving average price of $134.30 and a 200-day moving average price of $135.32.

ADIDAS AG/S (OTCMKTS:ADDYY) last issued its quarterly earnings data on Monday, April 27th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.59). The business had revenue of $5.24 billion during the quarter, compared to the consensus estimate of $5.49 billion. ADIDAS AG/S had a return on equity of 18.83% and a net margin of 6.11%. As a group, analysts predict that ADIDAS AG/S will post 1.61 earnings per share for the current year.

ADIDAS AG/S Company Profile

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.

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Analyst Recommendations for ADIDAS AG/S (OTCMKTS:ADDYY)

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