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adidas Q4 EPS Forecast Increased by Telsey Advisory Group

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adidas AG (OTCMKTS:ADDYY - Free Report) - Analysts at Telsey Advisory Group lifted their Q4 2024 EPS estimates for adidas in a research note issued to investors on Tuesday, January 21st. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will post earnings per share of $0.14 for the quarter, up from their previous forecast of ($0.11). The consensus estimate for adidas' current full-year earnings is $2.21 per share. Telsey Advisory Group also issued estimates for adidas' Q1 2025 earnings at $1.00 EPS, Q2 2025 earnings at $1.11 EPS, Q4 2025 earnings at $0.39 EPS and FY2026 earnings at $6.09 EPS.

ADDYY has been the subject of a number of other research reports. Sanford C. Bernstein raised shares of adidas from a "market perform" rating to an "outperform" rating in a research report on Monday, January 6th. HSBC lowered adidas from a "buy" rating to a "hold" rating in a report on Wednesday, October 23rd. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

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adidas Stock Performance

Shares of ADDYY stock traded down $2.04 during trading hours on Friday, reaching $133.22. The company had a trading volume of 32,708 shares, compared to its average volume of 44,854. 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 business has a fifty day moving average price of $122.41 and a 200-day moving average price of $122.61. adidas has a one year low of $88.03 and a one year high of $135.68. The firm has a market cap of $47.57 billion, a PE ratio of 102.48 and a beta of 1.18.

adidas (OTCMKTS:ADDYY - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported $1.34 EPS for the quarter, beating the consensus estimate of $1.09 by $0.25. adidas had a return on equity of 7.39% and a net margin of 1.91%. The company had revenue of $7.08 billion for the quarter, compared to analysts' expectations of $7.01 billion.

Hedge Funds Weigh In On adidas

A hedge fund recently raised its stake in adidas stock. GAMMA Investing LLC grew its holdings in shares of adidas AG (OTCMKTS:ADDYY - Free Report) by 13.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 897 shares of the company's stock after buying an additional 105 shares during the quarter. GAMMA Investing LLC's holdings in adidas were worth $109,000 at the end of the most recent reporting period.

adidas Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for adidas (OTCMKTS:ADDYY)

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