Puma (PUMSY) Projected to Announce Earnings on Thursday

Puma (OTCMKTS:PUMSY) is expected to issue its resultson Thursday, July 30th. Analysts expect Puma to announce earnings of ($0.0589) per share and revenue of $1.8964 billion for the quarter.

Puma Price Performance

Shares of Puma stock opened at $3.23 on Thursday. The business’s fifty day moving average price is $3.14 and its two-hundred day moving average price is $2.82. Puma has a 1-year low of $1.71 and a 1-year high of $3.46.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Citigroup raised Puma from a “neutral” rating to a “buy” rating in a report on Thursday, June 4th. Santander started coverage on shares of Puma in a research report on Friday, June 26th. They issued a “neutral” rating for the company. HSBC upgraded shares of Puma to a “buy” rating in a research report on Tuesday, June 16th. Finally, Zacks Research raised shares of Puma to a “hold” rating in a research note on Tuesday, June 9th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

About Puma

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.