adidas (ADDYY) to Release Earnings on Tuesday

adidas (OTCMKTS:ADDYY - Get Free Report) is anticipated to post its quarterly earnings results on Tuesday, April 29th. Analysts expect adidas to post earnings of $1.14 per share and revenue of $6.33 billion for the quarter.

adidas Price Performance

OTCMKTS ADDYY traded up $0.11 on Friday, hitting $123.40. The company had a trading volume of 230,406 shares, compared to its average volume of 58,858. The company has a market capitalization of $44.07 billion, a PE ratio of 94.92 and a beta of 1.14. The company's fifty day moving average price is $119.60 and its 200-day moving average price is $122.36. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.32 and a quick ratio of 0.78. adidas has a 12-month low of $99.40 and a 12-month high of $137.73.

Wall Street Analyst Weigh In

ADDYY has been the subject of a number of research reports. Berenberg Bank raised shares of adidas to a "hold" rating in a report on Tuesday, April 15th. Bank of America raised shares of adidas from a "neutral" rating to a "buy" rating in a report on Thursday. Baird R W raised shares of adidas from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 21st. Sanford C. Bernstein raised shares of adidas from a "market perform" rating to an "outperform" rating in a research note on Monday, January 6th. Finally, Hsbc Global Res raised shares of adidas from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 9th. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, adidas currently has an average 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.