OTCMKTS:ADDYY

adidas (ADDYY) Stock Forecast, Price & News

$83.23

-0.18 (-0.21%)

(As of 04:34 PM ET)

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Today's Range: $82.93
▼
$84.47
50-Day Range: $75.01
▼
$94.20
52-Week Range: $45.48
▼
$101.88

Volume: 51,223 shs
Average Volume: 102,988 shs
Market Capitalization: $31.89 billion

P/E Ratio: 378.34
Dividend Yield: 0.29%
Price Target: $134.13

Profile Analyst Ratings Chart Competitors Dividend Earnings Headlines Short Interest

adidas MarketRank™ Forecast

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 60.8% Upside
$134.13 Price Target
Short Interest: Healthy
0.01% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.01
Based on 17 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.49) to $2.10 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

3.1

Analyst's Opinion

Consensus Rating
adidas has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 6 buy ratings, 12 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $134.13, adidas has a forecasted upside of 60.8% from its current price of $83.41.
Amount of Analyst Coverage
adidas has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.01% of the outstanding shares of adidas have been sold short.
Short Interest Ratio / Days to Cover
adidas has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in adidas has recently increased by 18.25%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
adidas has a dividend yield of 0.29%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
adidas does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of adidas is 109.10%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, adidas will have a dividend payout ratio of 11.43% next year. This indicates that adidas will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ADDYY.

1.7

News and Social Media Coverage

News Sentiment
adidas has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for adidas this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for ADDYY on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
MarketBeat Follows
4 people have added adidas to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, adidas insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.05% of the stock of adidas is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for adidas are expected to grow in the coming year, from ($1.49) to $2.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of adidas is 379.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 128.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of adidas is 379.13, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.80.
Price to Book Value per Share Ratio
adidas has a P/B Ratio of 5.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About adidas (OTCMKTS:ADDYY) Stock

adidas AG engages in the design, distribution, and marketing of athletic and sporting lifestyle products. It operates through the following geographical segments: EMEA, North America, Greater China, Asia-Pacific, Latin America, and Other Businesses. The Other Businesses segment includes the activities of the Y-3 label and other subordinated businesses. The company was founded by Adolf Dassler in 1920 and is headquartered in Herzogenaurach, Germany.

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ADDYY Stock News Headlines

May 30, 2023 | yahoo.com

Adidas Shoes Made With Kangaroo Leather ‘Illegally Sold’ In California

May 30, 2023 | americanbankingnews.com

Short Interest in adidas AG (OTCMKTS:ADDYY) Expands By 18.2%

May 30, 2023 | Behind the Markets (Ad)

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May 30, 2023 | americanbankingnews.com

adidas AG (OTCMKTS:ADDYY) Receives $126.33 Average Target Price from Brokerages

May 27, 2023 | bloomberg.com

Inside the Adidas-Yeezy Breakup, Plus Icahn Under Pressure: A Week of Big Take

May 26, 2023 | sports.yahoo.com

Adidas Denies Claims It’s Still Selling Cleats Made From Kangaroo Leather in California

May 26, 2023 | msn.com

Adidas Memorial Day Sale: Get up to 55% off Best-Selling Shoes, Clothing, and More

May 26, 2023 | bloomberg.com

‘Your Worst Nightmare’: Inside the Adidas-Yeezy Disaster

May 30, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

May 25, 2023 | yahoo.com

The Adidas Early Memorial Day sale is here — save up to 50% on slides, classic kicks and more!

May 25, 2023 | msn.com

Got a Bad Case of Samba Anxiety? There's Another Adidas Sneaker for That

May 25, 2023 | msn.com

Nike execs warned Adidas that Kanye West was difficult to work with – but the sportswear brand partnered with him anyway, a report says

May 25, 2023 | businessinsider.com

Adidas and Yeezy staff were told to carry on as usual and ignore Kanye West's antisemitic rants, new report says

May 24, 2023 | yahoo.com

Adidas, Fabletics, Champion Named in New BPA Activewear Investigation

May 23, 2023 | news.yahoo.com

Adidas to Donate Over $1 Million to Causes That Support Sustainability Through Sports

May 23, 2023 | foxnews.com

Adidas marketing strategy to promote LGBTQ rights did ‘more harm than good,’ branding expert says

May 23, 2023 | msn.com

The Adidas Samba Enters Its Anxiety Era

May 23, 2023 | cbsnews.com

Amazon is having a major Memorial Day sale on Adidas footwear: Save up to 58% on running shoes, Adidas slides and more

May 23, 2023 | reuters.com

India board says kit sponsorship deal with Adidas runs until 2028

May 22, 2023 | msn.com

Adidas is re-releasing a popular Yeezy from the past

May 22, 2023 | news.yahoo.com

Prada, Adidas Debut Latest Drop: Soccer Boots

May 22, 2023 | reuters.com

India board says Adidas to become new kit sponsor

May 21, 2023 | msn.com

Adidas makes major decision on upcoming profits from Yeezy selloff

May 20, 2023 | msn.com

Adidas’ Yeezy Sales Are Going to Anti-Defamation League, George Floyd Family’s Organization

May 20, 2023 | msn.com

Adidas About To Make Kanye West Rich Again After Terminating Partnership

May 20, 2023 | businessinsider.com

Adidas will finally start to move its $1.3 billion mountain of unsold Yeezy sneakers within days

May 20, 2023 | usatoday.com

Spring into savings with an extra 30% off Adidas sale styles, including shoes and activewear

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ADDYY Company Calendar

Last Earnings: 3/08/2023
Ex-Dividend for 5/23 Dividend: 5/12/2023
Dividend Payable: 5/23/2023
Today: 5/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Sporting & athletic goods, not elsewhere classified
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: OTCMKTS:ADDYY
CUSIP: N/A
CIK: N/A
Web: www.adidas-group.com
Phone: 499132840
Fax: 49-91-3284-2241
Employees: 59,258
Year Founded: 1949

Price Target and Rating

Average Stock Price Forecast: $134.13
High Stock Price Forecast: $185.00
Low Stock Price Forecast: $83.00
Forecasted Upside/Downside: +60.8%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 20 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.22
Trailing P/E Ratio: 379.13
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $644.80 million
Net Margins: 0.42%
Pretax Margin: -0.08%
Return on Equity: -1.57%
Return on Assets: -0.44%

Debt

Debt-to-Equity Ratio: 0.56
Current Ratio: 1.27
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $23.72 billion
Price / Sales: 1.35
Cash Flow: $4.41 per share
Price / Cash Flow: 18.92
Book Value: $14.71 per share
Price / Book: 5.67

Miscellaneous

Outstanding Shares: 383,190,000
Free Float: N/A
Market Cap: $31.96 billion
Optionable: Not Optionable
Beta: 1.03

Social Links

Key Executives

Bjørn Gulden
Chief Executive Officer

Martin Shankland
Head-Global Operations

Harm Ohlmeyer
Chief Financial Officer

Andreas Hubert
Group Chief Information Officer

Michael Storl
Member-Supervisory Board

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ADDYY Stock - Frequently Asked Questions

Should I buy or sell adidas stock right now?: 20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for adidas in the last year. There are currently 2 sell ratings, 12 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ADDYY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADDYY, but not buy additional shares or sell existing shares.
View ADDYY analyst ratings or view top-rated stocks.
What is adidas' stock price forecast for 2023?: 20 Wall Street research analysts have issued 1 year price targets for adidas' shares. Their ADDYY share price forecasts range from $83.00 to $185.00. On average, they predict the company's share price to reach $134.13 in the next twelve months. This suggests a possible upside of 60.8% from the stock's current price.
View analysts price targets for ADDYY or view top-rated stocks among Wall Street analysts.
How have ADDYY shares performed in 2023?: adidas' stock was trading at $67.74 at the beginning of the year. Since then, ADDYY stock has increased by 23.1% and is now trading at $83.4050.
View the best growth stocks for 2023 here.
Are investors shorting adidas?: adidas saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 33,700 shares, an increase of 18.2% from the April 30th total of 28,500 shares. Based on an average daily trading volume, of 177,800 shares, the short-interest ratio is currently 0.2 days.
View adidas' Short Interest.
How were adidas' earnings last quarter?: adidas AG (OTCMKTS:ADDYY) posted its quarterly earnings results on Wednesday, March, 8th. The company reported ($1.38) earnings per share for the quarter, topping the consensus estimate of ($1.50) by $0.12. The firm earned $5.31 billion during the quarter, compared to analyst estimates of $5.63 billion. adidas had a net margin of 0.42% and a negative trailing twelve-month return on equity of 1.57%.
How often does adidas pay dividends? What is the dividend yield for adidas?: adidas announced a dividend on Friday, May 12th. Stockholders of record on Monday, May 15th will be given a dividend of $0.2439 per share on Tuesday, May 23rd. This represents a dividend yield of 0.27%. The ex-dividend date of this dividend is Friday, May 12th.
Read our dividend analysis for ADDYY.
What ETFs hold adidas' stock?: ETFs with the largest weight of adidas (OTCMKTS:ADDYY) stock in their portfolio include Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and Pacer Trendpilot European Index ETF (PTEU).Pacer Trendpilot International ETF (PTIN).
Is adidas a good dividend stock?: adidas (OTCMKTS:ADDYY) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.29%. The dividend payout ratio is 109.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ADDYY will have a dividend payout ratio of 11.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ADDYY.

What is adidas' stock symbol?: adidas trades on the OTCMKTS under the ticker symbol "ADDYY."
Who are adidas' major shareholders?: adidas' stock is owned by a number of retail and institutional investors. Top institutional investors include OLD Mission Capital LLC (0.02%), Pacer Advisors Inc. (0.02%), Madison Asset Management LLC (0.01%), Mar Vista Investment Partners LLC (0.01%), Capital Square LLC (0.00%) and Financial Gravity Asset Management Inc. (0.00%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is adidas' stock price today?: One share of ADDYY stock can currently be purchased for approximately $83.41.
How much money does adidas make?: adidas (OTCMKTS:ADDYY) has a market capitalization of $31.96 billion and generates $23.72 billion in revenue each year. The company earns $644.80 million in net income (profit) each year or $0.22 on an earnings per share basis.
How many employees does adidas have?: The company employs 59,258 workers across the globe.
Does adidas have any subsidiaries?: The following companies are subsidiares of adidas: Adams Golf, Concept Sport S.A., Five Ten USA, Global Merchandising S.L., Hydra Ventures B.V., LLC adidas Ltd., Mitchell & Ness, PT adidas Indonesia, Raelit S.A., Reebok, Reebok Argentina S.A., Reebok International Limited, Reebok International Ltd., Reebok Israel Ltd., Reebok Produtos Esportivos Brasil Ltda., Runtastic, SC adidas-Ukraine, Salomon AG, Spartanburg DC Inc., Stone Age Equipment Inc., Tafibal S.A., Textronics, Textronics Inc., Trafford Park DC Limited, adidas (China) Ltd., adidas (Cyprus) Limited, adidas (Ireland) Limited, adidas (Malaysia) Sdn. Bhd., adidas (South Africa) (Pty) Ltd., adidas (Suzhou) Co. Ltd., adidas (Thailand) Co. Ltd., adidas (UK) Limited, adidas America Inc., adidas Argentina S.A., adidas Australia Pty Limited, adidas Austria GmbH, adidas Baltics SIA, adidas Benelux B.V., adidas Budapest Kft., adidas Bulgaria EAD, adidas Business Services (Dalian) Limited, adidas Business Services Lda., adidas CDC Immobilieninvest GmbH, adidas CR s.r.o., adidas Canada Ltd., adidas Chile Limitada, adidas Colombia Ltda., adidas Croatia d.o.o., adidas Danmark A/S, adidas Emerging Markets FZE, adidas Emerging Markets L.L.C, adidas España S.A.U., adidas France S.a.r.l., adidas Hellas A.E., adidas Hong Kong Limited, adidas Imports & Exports Ltd., adidas India Marketing Private Limited, adidas Industrial S.A. de C.V., adidas Indy LLC (formerly: Sports Licensed Division of the adidas Group LLC), adidas Insurance & Risk Consultants GmbH, adidas International B.V., adidas International Finance B.V., adidas International Inc., adidas International Marketing B.V., adidas International Property Holding B.V., adidas International Re DAC, adidas International Trading B.V., adidas Italy S.p.A., adidas Japan K.K., adidas Korea LLC., adidas LLP, adidas Latin America S.A., adidas Logistics (Tianjin) Co., adidas Morocco LLC Casablanca, adidas New Zealand Limited, adidas Norge AS, adidas North America Inc., adidas Perú S.A.C., adidas Philippines Inc., adidas Poland Sp.z o.o., adidas Portugal - Artigos de Desporto S.A., adidas Romania S.R.L., adidas Serbia d.o.o., adidas Services Limited, adidas Singapore Pte. Ltd., adidas Slovakia s.r.o., adidas Sourcing Limited, adidas Spor Malzemeleri Satis ve Pazarlama A.S., adidas Sporting Goods Ltd., adidas Sports (China) Co. Ltd., adidas Sports Goods (Shanghai) Co. Ltd., adidas Suomi Oy, adidas Sverige AB, adidas Taiwan Limited, adidas Trgovina d.o.o., adidas Vietnam Company Limited, adidas anticipation GmbH, adidas de Mexico S.A. de C.V., adidas do Brasil Ltda., adidas sport gmbh, and adisport Corporation.
Read More
How can I contact adidas?: adidas' mailing address is ADI-DASSLER-STRASSE 1, HERZOGENAURACH 2M, 91074. The official website for the company is www.adidas-group.com. The company can be reached via phone at 499132840, via email at investor.relations@adidas-group.com, or via fax at 49-91-3284-2241.

This page (OTCMKTS:ADDYY) was last updated on 5/30/2023 by MarketBeat.com Staff

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