adidas Q1 EPS Estimate Increased by Telsey Advisory Group

adidas AG (OTCMKTS:ADDYY - Free Report) - Equities research analysts at Telsey Advisory Group upped their Q1 2025 earnings per share estimates for adidas in a report released on Wednesday, April 23rd. Telsey Advisory Group analyst C. Fernandez now expects that the company will post earnings of $1.36 per share for the quarter, up from their prior estimate of $1.22. The consensus estimate for adidas' current full-year earnings is $2.27 per share. Telsey Advisory Group also issued estimates for adidas' Q4 2025 earnings at $0.26 EPS and FY2025 earnings at $4.31 EPS.

Several other brokerages also recently commented on ADDYY. Hsbc Global Res raised adidas from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 9th. Bank of America raised adidas from a "neutral" rating to a "buy" rating in a report on Thursday. Baird R W raised adidas from a "hold" rating to a "strong-buy" rating in a report on Monday, April 21st. Sanford C. Bernstein raised adidas from a "market perform" rating to an "outperform" rating in a report on Monday, January 6th. Finally, Berenberg Bank raised adidas to a "hold" rating in a report on Tuesday, April 15th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, adidas currently has a consensus rating of "Moderate Buy".

adidas Price Performance

OTCMKTS ADDYY traded up $0.54 during trading on Friday, reaching $123.94. 43,341 shares of the company traded hands, compared to its average volume of 58,596. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.32. The stock's 50 day moving average price is $119.60 and its two-hundred day moving average price is $122.36. The company has a market cap of $44.26 billion, a price-to-earnings ratio of 95.34 and a beta of 1.14. adidas has a 1-year low of $99.40 and a 1-year high of $137.73.

Hedge Funds Weigh In On adidas

Hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its holdings in adidas by 13.3% in the fourth quarter. GAMMA Investing LLC now owns 897 shares of the company's stock valued at $109,000 after acquiring an additional 105 shares during the last quarter. Rhumbline Advisers boosted its holdings in adidas by 7.9% during the first quarter. Rhumbline Advisers now owns 9,655 shares of the company's stock worth $1,139,000 after buying an additional 709 shares during the last quarter. Madison Investment Advisors LLC bought a new position in adidas during the fourth quarter worth about $2,437,000. Finally, Mar Vista Investment Partners LLC boosted its holdings in adidas by 2.6% during the fourth quarter. Mar Vista Investment Partners LLC now owns 29,199 shares of the company's stock worth $3,556,000 after buying an additional 731 shares during the last quarter.

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.