adidas (ADDYY) Projected to Post Earnings on Tuesday

adidas (OTCMKTS:ADDYY) is anticipated to release its earnings data on Tuesday, April 29th. Analysts expect adidas to post earnings of $1.14 per share and revenue of $6.33 billion for the quarter.

adidas Price Performance

Shares of ADDYY stock opened at $112.44 on Tuesday. The company’s 50-day simple moving average is $120.70 and its two-hundred day simple moving average is $122.57. The company has a market capitalization of $40.15 billion, a P/E ratio of 86.49 and a beta of 1.14. adidas has a one year low of $99.40 and a one year high of $137.73. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.32 and a quick ratio of 0.78.

Analyst Ratings Changes

ADDYY has been the topic of several recent research reports. Sanford C. Bernstein upgraded shares of adidas from a “market perform” rating to an “outperform” rating in a report on Monday, January 6th. Hsbc Global Res upgraded adidas from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 9th. Finally, Berenberg Bank raised shares of adidas to a “hold” rating in a research report on Tuesday, April 15th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

About adidas

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America. It offers footwear, apparel, and accessories and gear, such as bags and balls under the adidas brand; golf footwear and apparel under the adidas Golf brand; and outdoor footwear under the Five Ten brand.