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OTCMKTS:ADDYY

adidas (ADDYY) Stock Price, News & Analysis

$122.51
-0.78 (-0.63%)
(As of 09/6/2024 ET)
Today's Range
$121.70
$123.66
50-Day Range
$115.82
$130.15
52-Week Range
$81.88
$130.44
Volume
22,076 shs
Average Volume
63,078 shs
Market Capitalization
$46.94 billion
P/E Ratio
291.68
Dividend Yield
0.19%
Price Target
N/A
ADDYY stock logo

About adidas Stock (OTCMKTS:ADDYY)

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. It sells its products through its own retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.

ADDYY Stock Price History

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Company Calendar

Last Earnings
7/31/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:ADDYY
CIK
N/A
Employees
59,030
Year Founded
1949

Profitability

Net Income
$-81,170,000.00
Pretax Margin
0.30%

Debt

Sales & Book Value

Annual Sales
$23.19 billion
Cash Flow
$2.94 per share
Book Value
$13.91 per share

Miscellaneous

Free Float
N/A
Market Cap
$46.94 billion
Optionable
Not Optionable
Beta
1.21

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Key Executives

  • Mr. Harm Ohlmeyer (Age 56)
    CFO & Member of Executive Board
    Comp: $1.55M
  • Mr. Martin Shankland (Age 53)
    Head of Global Operations & Member of Executive Board
    Comp: $981.18k
  • Mr. Guenter Weigl (Age 59)
    SVP of Global Sports Mktg. & Brand Relations and Employee Representative Member of Supervisory Board
    Comp: $220.74k
  • Ms. Petra Auerbacher (Age 55)
    Project Manager Creative Direction & Employee Representative Member of Supervisory Board
    Comp: $111.44k
  • Mr. Frank Scheiderer (Age 47)
    Director of Finance Strategy & Programs and Employee Representative Member of the Supervisory Board
    Comp: $220.74k
  • Mr. Bjorn Gulden (Age 59)
    CEO & Member of Executive Board
  • Mr. Arthur Hold (Age 55)
    Head of Global Sales & Member of Executive Board
  • Ms. Michelle Robertson (Age 49)
    Global Head of HR, People & Culture and Member of Executive Board
  • Mr. Sebastian Steffen
    Senior Vice President of Investor Relations
  • Mr. Jan Runau
    Chief Corporate Communications Officer

Should I Buy adidas Stock? ADDYY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in adidas AG:

  • Adidas AG has a strong market presence in various regions globally, including Europe, North America, and Asia-Pacific, providing diversified revenue streams.
  • The company's recent stock price of $118.80 presents a potential buying opportunity for investors looking to enter the market at a relatively lower price point.
  • Adidas AG's strategic partnerships and collaborations with athletes and celebrities enhance brand visibility and appeal, potentially driving sales growth.
  • The company's focus on innovation and sustainability in product development aligns with evolving consumer preferences, positioning it well for long-term success in the athletic and sports lifestyle market.
  • Adidas AG's strong financial performance, with a market capitalization of $45.52 billion, indicates stability and growth potential for investors seeking established companies in the industry.

Cons

Investors should be bearish about investing in adidas AG for these reasons:

  • Adidas AG faces intense competition in the sporting and athletic goods industry, which could impact market share and profitability in a highly competitive market environment.
  • Fluctuations in raw material prices, currency exchange rates, and global economic conditions may pose risks to adidas AG's financial performance and margins, affecting investor returns.
  • The company's high P/E ratio of 286.71 suggests that the stock may be overvalued compared to industry peers, potentially limiting short-term upside potential for investors.
  • Adidas AG's debt-to-equity ratio of 0.49 indicates a moderate level of leverage, which could increase financial risk and interest expenses, impacting shareholder value.
  • Investors should consider the impact of changing consumer trends and preferences on adidas AG's product portfolio, as shifts in demand could affect sales and brand perception in the market.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these adidas pros and cons to contact@marketbeat.com.

ADDYY Stock Analysis - Frequently Asked Questions

How have ADDYY shares performed this year?

adidas' stock was trading at $101.65 on January 1st, 2024. Since then, ADDYY shares have increased by 20.5% and is now trading at $122.5050.
View the best growth stocks for 2024 here
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How were adidas' earnings last quarter?

adidas AG (OTCMKTS:ADDYY) released its quarterly earnings results on Wednesday, July, 31st. The company reported $0.59 EPS for the quarter, missing analysts' consensus estimates of $0.70 by $0.11. The firm had revenue of $6.27 billion for the quarter, compared to the consensus estimate of $6.35 billion. adidas had a net margin of 1.10% and a trailing twelve-month return on equity of 3.75%.

Does adidas have any subsidiaries?

adidas subsidiaries include Runtastic, Adams Golf, Five Ten USA, Textronics, Mitchell & Ness, Reebok, Salomon AG, and more.

Who are adidas' major shareholders?

adidas' top institutional investors include Hantz Financial Services Inc., Capital Square LLC and GAMMA Investing LLC.

How do I buy shares of adidas?

Shares of ADDYY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ADDYY) was last updated on 9/7/2024 by MarketBeat.com Staff

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