adidas (OTCMKTS:ADDYY – Get Ranking) had its goal worth decreased by analysis analysts at Credit score Suisse Group from €193.00 ($201.04) to €155.00 ($161.46) in a analysis report issued on Friday, The Fly studies.

A number of different analysts have additionally commented on ADDYY. Exane BNP Paribas lowered shares of adidas from an “outperform” score to a “impartial” score in a analysis report on Monday, Might 16th. JPMorgan Chase & Co. dropped their worth goal on shares of adidas from €260.00 ($270.83) to €215.00 ($223.96) and set a “impartial” score on the inventory in a analysis report on Thursday. Morgan Stanley dropped their worth goal on shares of adidas from €255.00 ($265.63) to €235.00 ($244.79) in a analysis report on Tuesday, Might 10th. Deutsche Financial institution Aktiengesellschaft dropped their worth goal on shares of adidas from €340.00 ($354.17) to €315.00 ($328.13) in a analysis report on Friday, March 11th. Lastly, Sanford C. Bernstein assumed protection on shares of adidas in a analysis report on Monday, March 14th. They set an “outperform” score on the inventory. Three analysts have rated the inventory with a promote score, six have assigned a maintain score and ten have assigned a purchase score to the corporate. Based on knowledge from MarketBeat.com, the inventory has a mean score of “Maintain” and a consensus worth goal of $243.50.

OTCMKTS:ADDYY opened at $85.54 on Friday. The agency has a market capitalization of $33.37 billion, a P/E ratio of 13.89, a PEG ratio of 0.94 and a beta of 0.97. adidas has a 1-year low of $83.42 and a 1-year excessive of $199.44. The corporate’s fifty day shifting common worth is $92.70 and its 200-day shifting common worth is $113.79. The corporate has a debt-to-equity ratio of 0.35, a present ratio of 1.44 and a fast ratio of 0.94.

adidas (OTCMKTS:ADDYY – Get Ranking) final launched its quarterly earnings knowledge on Friday, Might sixth. The corporate reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.13. The agency had income of $5.95 billion for the quarter, in comparison with analyst estimates of $5.63 billion. adidas had a web margin of 9.64% and a return on fairness of 16.50%. Equities analysts anticipate that adidas will submit 4.72 EPS for the present fiscal yr.

A number of massive traders have not too long ago purchased and offered shares of ADDYY. Castleview Companions LLC bought a brand new place in shares of adidas within the fourth quarter price about $172,000. Sky Funding Group LLC bought a brand new place in shares of adidas within the fourth quarter price about $1,987,000. Yousif Capital Administration LLC bought a brand new place in shares of adidas within the fourth quarter price about $894,000. Mar Vista Funding Companions LLC lifted its stake in shares of adidas by 12.6% within the first quarter. Mar Vista Funding Companions LLC now owns 35,590 shares of the corporate’s inventory price $4,196,000 after shopping for an extra 3,993 shares within the final quarter. Lastly, Capital Sq. LLC lifted its stake in shares of adidas by 79.7% within the first quarter. Capital Sq. LLC now owns 3,791 shares of the corporate’s inventory price $446,000 after shopping for an extra 1,681 shares within the final quarter. 0.04% of the inventory is presently owned by hedge funds and different institutional traders.

About adidas (Get Ranking)

adidas AG, along with its subsidiaries, designs, develops, distributes, and markets athletic and sports activities way of life merchandise worldwide. It provides footwear; attire; and equipment and equipment, equivalent to luggage and balls beneath the adidas model. It sells its merchandise by way of roughly 2,200 own-retail shops; mono-branded franchise shops and shop-in-shops; and wholesale and its e-commerce channels.

Featured Articles

Obtain Information & Scores for adidas Every day – Enter your electronic mail deal with beneath to obtain a concise every day abstract of the most recent information and analysts’ scores for adidas and associated firms with MarketBeat.com’s FREE every day electronic mail e-newsletter.