adidas (ADDYY) to Release Quarterly Earnings on Wednesday

adidas (OTCMKTS:ADDYY - Get Free Report) is expected to be announcing its Q4 2024 earnings results before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $5.96 billion for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

adidas Price Performance

OTCMKTS:ADDYY traded up $0.27 during midday trading on Friday, hitting $129.96. The company had a trading volume of 51,635 shares, compared to its average volume of 37,358. The company has a market capitalization of $46.41 billion, a PE ratio of 99.97 and a beta of 1.18. The company has a quick ratio of 0.78, a current ratio of 1.32 and a debt-to-equity ratio of 0.44. adidas has a 52-week low of $102.17 and a 52-week high of $137.73. The stock's fifty day moving average price is $129.00 and its 200-day moving average price is $124.61.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded adidas from a "market perform" rating to an "outperform" rating in a report on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".

adidas Company Profile

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.