adidas AG (ADR) (ADDYY) Analysts See $1.56 EPS

October 14, 2017 - By Marguerite Chambers

 adidas AG (ADR) (ADDYY) Analysts See $1.56 EPS

Wall Street await adidas AG (ADR) (OTCMKTS:ADDYY) to release earnings on November, 2. Analysts forecast EPS of $1.56, up exactly $0.51 or 48.57 % from 2014’s $1.05 EPS. The expected ADDYY’s profit could reach $657.27 million giving the stock 18.27 P/E in the case that $1.56 earnings per share is reported. After posting $0.94 EPS for the previous quarter, adidas AG (ADR)’s analysts now forecast 65.96 % EPS growth. The stock decreased 0.70% or $0.8 on October 13, reaching $114.02. About 35,553 shares traded. adidas AG (ADR) (OTCMKTS:ADDYY) has 0.00% since October 14, 2016 and is . It has underperformed by 16.70% the S&P500.

adidas AG (ADR) (OTCMKTS:ADDYY) Ratings Coverage

Among 8 analysts covering adidas AG (OTCMKTS:ADDYY), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. adidas AG had 11 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Credit Suisse on Tuesday, January 19. Zacks downgraded adidas AG (ADR) (OTCMKTS:ADDYY) on Friday, August 7 to “Hold” rating. The company was downgraded on Friday, November 6 by Credit Suisse. The stock of adidas AG (ADR) (OTCMKTS:ADDYY) has “Buy” rating given on Wednesday, July 5 by HSBC. The firm earned “Neutral” rating on Friday, August 21 by Goldman Sachs. The rating was downgraded by Deutsche Bank on Monday, August 7 to “Hold”. Berenberg upgraded the shares of ADDYY in report on Tuesday, January 5 to “Hold” rating. The firm has “Hold” rating given on Friday, September 2 by HSBC. The stock of adidas AG (ADR) (OTCMKTS:ADDYY) earned “Outperform” rating by BNP Paribas on Friday, September 4. As per Friday, October 14, the company rating was initiated by Piper Jaffray.

Adidas AG and its subsidiaries design, develop, produce and market a range of athletic and sports lifestyle products. The company has market cap of $48.04 billion. The Company’s divisions include Western Europe; North America; Greater China; Russia/CIS; Latin America; Japan; Middle East, South Korea, Southeast Asia/Pacific; TaylorMade-adidas Golf; Runtastic and Other centrally managed business. It currently has negative earnings. Each market includes wholesale, retail and e-commerce business activities relating to the distribution and sale of products of the adidas and Reebok brands to retail clients and end consumers.

More notable recent adidas AG (ADR) (OTCMKTS:ADDYY) news were published by: Investorplace.com which released: “Nike Inc (NKE) Stock Will Outlast the Adidas AG (ADR) (ADDYY) Onslaught” on June 07, 2017, also Seekingalpha.com with their article: “Teenagers pick their favorite brands” published on October 12, 2017, Seekingalpha.com published: “Adidas Still Has Room To Run” on September 01, 2017. More interesting news about adidas AG (ADR) (OTCMKTS:ADDYY) were released by: Seekingalpha.com and their article: “Adidas stuns with basketball shoes momentum” published on September 18, 2017 as well as Seekingalpha.com‘s news article titled: “Great Time To Short adidas” with publication date: September 26, 2017.

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