ADIDAS AG/S (OTCMKTS:ADDYY) has received a consensus rating of “Hold” from the ten analysts that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have issued a buy recommendation on the company.

Several brokerages have commented on ADDYY. Zacks Investment Research lowered ADIDAS AG/S from a “hold” rating to a “sell” rating in a research report on Wednesday, February 27th. Societe Generale initiated coverage on ADIDAS AG/S in a report on Wednesday, March 20th. They set a “hold” rating for the company. Morgan Stanley downgraded ADIDAS AG/S from an “equal weight” rating to an “underweight” rating in a report on Thursday, January 24th. Telsey Advisory Group restated a “market perform” rating on shares of ADIDAS AG/S in a report on Thursday, January 24th. Finally, ValuEngine downgraded ADIDAS AG/S from a “buy” rating to a “hold” rating in a report on Thursday, March 14th.

Several large investors have recently modified their holdings of the company. PNC Financial Services Group Inc. bought a new stake in ADIDAS AG/S in the 4th quarter worth about $181,000. Hancock Whitney Corp increased its holdings in ADIDAS AG/S by 7.8% in the 4th quarter. Hancock Whitney Corp now owns 2,543 shares of the company’s stock worth $265,000 after buying an additional 185 shares in the last quarter. Fairfield Bush & CO. increased its holdings in ADIDAS AG/S by 21.4% in the 3rd quarter. Fairfield Bush & CO. now owns 2,840 shares of the company’s stock worth $347,000 after buying an additional 500 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in ADIDAS AG/S by 117.4% in the 4th quarter. Quadrant Capital Group LLC now owns 4,094 shares of the company’s stock worth $410,000 after buying an additional 2,211 shares in the last quarter. Finally, Henry James International Management Inc. bought a new stake in ADIDAS AG/S in the 3rd quarter worth about $658,000. Hedge funds and other institutional investors own 0.12% of the company’s stock.

ADDYY stock traded up $0.04 on Friday, reaching $120.85. The company’s stock had a trading volume of 7,019 shares, compared to its average volume of 33,305. ADIDAS AG/S has a 12-month low of $101.48 and a 12-month high of $133.01. The firm has a market capitalization of $49.27 billion, a price-to-earnings ratio of 24.41, a PEG ratio of 1.49 and a beta of 0.91. The company has a quick ratio of 1.01, a current ratio of 1.51 and a debt-to-equity ratio of 0.25.

ADIDAS AG/S (OTCMKTS:ADDYY) last announced its quarterly earnings data on Wednesday, February 13th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.23 by $0.04. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $5.97 billion. ADIDAS AG/S had a return on equity of 26.42% and a net margin of 7.80%. Equities research analysts anticipate that ADIDAS AG/S will post 5.37 earnings per share for the current year.

About ADIDAS AG/S

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and hardware, such as bags and balls under the adidas, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.

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

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