Puma (PUMSY) Expected to Announce Earnings on Thursday

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

Puma Stock Up 2.7%

OTCMKTS:PUMSY opened at $3.23 on Tuesday. Puma has a 1-year low of $1.71 and a 1-year high of $3.46. The company has a 50-day moving average of $3.15 and a 200 day moving average of $2.83.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on PUMSY shares. Zacks Research upgraded shares of Puma to a “hold” rating in a report on Tuesday, June 9th. Citigroup raised shares of 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 report on Friday, June 26th. They set a “neutral” rating on the stock. Finally, HSBC raised shares of Puma to a “buy” rating in a research note on Tuesday, June 16th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.

Puma Company Profile

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.