Puma (PMMAF) Projected to Announce Quarterly Earnings on Thursday

Puma (OTCMKTS:PMMAF) is projected to release its resultson Thursday, July 30th. Analysts expect Puma to announce earnings of ($0.5891) per share and revenue of $1.8986 billion for the quarter.

Puma Price Performance

Puma stock opened at $31.82 on Wednesday. The stock has a 50-day simple moving average of $31.80 and a 200 day simple moving average of $28.74. Puma has a 12-month low of $17.41 and a 12-month high of $35.00.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. assumed coverage on shares of Puma in a research report on Thursday, July 2nd. They issued a “neutral” rating for the company. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

About Puma

Puma AG is a Germany-based multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Since its founding in 1948 by Rudolf Dassler in Herzogenaurach, Germany, the company has grown into one of the world’s leading sports brands. Puma’s product portfolio spans performance-driven footwear for football, running, motorsport and training, as well as lifestyle sneakers, sportswear and accessories. The company operates through wholesale, retail and e-commerce channels, targeting athletes, sports enthusiasts and fashion-conscious consumers.

With a global presence, Puma serves customers in Europe, the Americas, Asia-Pacific and Africa.