OTCMKTS:ADDYY

adidas - ADDYY Stock Forecast, Price & News

$76.37

+1.36 (+1.81%)

(As of 03/23/2023 12:00 AM ET)

Add

Compare

Today's Range: $75.61
▼
$77.88
50-Day Range: $72.26
▼
$85.91
52-Week Range: $45.48
▼
$121.48

Volume: 163,213 shs
Average Volume: 139,277 shs
Market Capitalization: $29.26 billion

P/E Ratio: 43.15
Dividend Yield: 1.62%
Price Target: $161.10

Institutional Ownership

Headlines

Short Interest

adidas MarketRank™ Forecast

Analyst Rating: Hold
2.13 Rating Score
Upside/Downside: 110.9% Upside
$161.10 Price Target
Short Interest: Healthy
0.01% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.54) to $1.76 Per Share

Overall MarketRank^™

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

2.59 out of 5 stars

4.1

Analyst's Opinion

Consensus Rating
adidas has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 6 buy ratings, 14 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $161.10, adidas has a forecasted upside of 110.9% from its current price of $76.37.
Amount of Analyst Coverage
adidas has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

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 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in adidas has recently decreased by 8.19%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
adidas pays a meaningful dividend of 1.62%, higher than 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 70.06%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, adidas will have a dividend payout ratio of 70.45% 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.

1.2

News and Social Media Coverage

News Sentiment
adidas has a news sentiment score of 0.08. 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 0.39 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 1 news article for adidas this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 1 people have added adidas to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for adidas are expected to grow in the coming year, from ($1.54) to $1.76 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of adidas is 43.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of adidas is 43.15, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.14.
Price to Book Value per Share Ratio
adidas has a P/B Ratio of 3.16. 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.

Receive ADDYY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for adidas and its competitors with MarketBeat's FREE daily newsletter.

ADDYY Stock News Headlines

March 20, 2023 | marketbeat.com

The Worst Could be Behind for Adidas After CEO Change

Recent negative developments affecting Adidas may finally have come to an end, it will be up to the new CEO's plan for a turnaround to determine investor's fate

March 16, 2023 | americanbankingnews.com

adidas AG (OTCMKTS:ADDYY) Receives $135.43 Consensus PT from Brokerages

March 23, 2023 | Weiss Ratings (Ad)

Bank Accounts: Frozen!

In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!

March 15, 2023 | americanbankingnews.com

adidas AG (OTCMKTS:ADDYY) Sees Significant Decline in Short Interest

March 14, 2023 | americanbankingnews.com

FY2024 EPS Estimates for adidas AG (OTCMKTS:ADDYY) Reduced by Jefferies Financial Group

March 14, 2023 | americanbankingnews.com

Research Analysts Set Expectations for adidas AG's Q1 2024 Earnings (OTCMKTS:ADDYY)

March 8, 2023 | marketwatch.com

Key Words: Adidas has piles of Kanye West’s Yeezy shoes and no idea what to do with them — ‘If you can’t sell and you can’t destroy, what’s your option?’

February 28, 2023 | benzinga.com

Major League Soccer Extends Partnership With Adidas Heading Into The 2023 Season

March 23, 2023 | Weiss Ratings (Ad)

Urgent Warning

This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …

February 27, 2023 | msn.com

Yeezys are still in high demand on the secondary market despite Ye's fallout with Adidas

February 21, 2023 | finance.yahoo.com

Adidas long- and short-term credit ratings downgraded by S&P on concerns after Yeezy partnership ended

February 10, 2023 | time.com

New Adidas CEO Says Company Stands to Lose Up to $750 Million From Unsold Yeezy Shoes

February 10, 2023 | msn.com

Adidas Slumps as Yeezy Brand Inventory Overhang Drags Down Profits

February 10, 2023 | finance.yahoo.com

Adidas Warns of More Profit Damage Due to Unsold Yeezy Inventory

February 10, 2023 | marketwatch.com

: Adidas is still holding a lot of Kanye West’s Yeezy gear, and it could cost the company more than $1 billion

January 20, 2023 | msn.com

Adidas cut to Hold ahead of expected earnings disappointment

January 20, 2023 | seekingalpha.com

Adidas cut to Hold at Baird ahead of expected earnings disappointment

December 2, 2022 | benzinga.com

Adidas Sticks To Its World Cup Sales Guidance Despite Germany's Exit: Report

November 30, 2022 | finance.yahoo.com

Bear of the Day: Adidas AG (ADDYY)

November 25, 2022 | benzinga.com

Adidas Investigates Misconduct Allegations Against Kanye West: Report

November 5, 2022 | thestreet.com

Kanye West Made His Yeezy Adidas Staff Make a Big Move

November 5, 2022 | seekingalpha.com

adidas: Yeezy Drama Offers Long-Term Opportunity

November 4, 2022 | finance.yahoo.com

Why Adidas Stock Skyrocketed Today

October 29, 2022 | benzinga.com

Adidas Channels Homer Simpson, Goes Back Into Hedges After Ending Kanye West Deal

October 26, 2022 | msn.com

‘More severe than anticipated’: Adidas’s split with Kanye West brings hiring freeze

October 26, 2022 | usatoday.com

Ye loses billionaire status, Adidas ends partnership over 'dangerous' antisemitic remarks

October 25, 2022 | usatoday.com

Adidas ending partnership with Ye

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive ADDYY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for adidas and its competitors with MarketBeat's FREE daily newsletter.

ADDYY Company Calendar

Last Earnings: 3/09/2021
Today: 3/23/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

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: 61,401
Year Founded: 1949

Price Target and Rating

Average Stock Price Forecast: $161.10
High Stock Price Forecast: $348.00
Low Stock Price Forecast: $83.00
Forecasted Upside/Downside: +110.9%
Consensus Rating: Hold
Rating Score (0-4): 2.13
Research Coverage: 23 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.77
Trailing P/E Ratio: 43.15
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $644.91 million
Net Margins: 2.88%
Pretax Margin: 5.04%
Return on Equity: 3.93%
Return on Assets: 1.21%

Debt

Debt-to-Equity Ratio: 0.30
Current Ratio: 1.25
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $23.72 billion
Price / Sales: 1.23
Cash Flow: $8.05 per share
Price / Cash Flow: 9.49
Book Value: $24.20 per share
Price / Book: 3.16

Miscellaneous

Outstanding Shares: 383,190,000
Free Float: N/A
Market Cap: $29.26 billion
Optionable: Not Optionable
Beta: 0.98

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?: 23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for adidas in the last twelve months. There are currently 3 sell ratings, 14 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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?: 23 Wall Street research analysts have issued 12-month price targets for adidas' shares. Their ADDYY share price forecasts range from $83.00 to $348.00. On average, they expect the company's share price to reach $161.10 in the next twelve months. This suggests a possible upside of 110.9% 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 12.7% and is now trading at $76.37.
View the best growth stocks for 2023 here.
Are investors shorting adidas?: adidas saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 43,700 shares, a decrease of 8.2% from the February 13th total of 47,600 shares. Based on an average daily trading volume, of 312,800 shares, the short-interest ratio is currently 0.1 days.
View adidas' Short Interest.
How were adidas' earnings last quarter?: adidas AG (OTCMKTS:ADDYY) announced its quarterly earnings data on Tuesday, March, 9th. The company reported $0.40 EPS for the quarter, hitting analysts' consensus estimates of $0.40. The firm had revenue of $6.62 billion for the quarter, compared to analysts' expectations of $6.64 billion. adidas had a net margin of 2.88% and a trailing twelve-month return on equity of 3.93%.
How often does adidas pay dividends? What is the dividend yield for adidas?: adidas announced a dividend on Friday, May 13th. Stockholders of record on Monday, May 16th will be given a dividend of $1.2952 per share on Monday, May 23rd. This represents a dividend yield of 1.4%. The ex-dividend date is Friday, May 13th.
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 $1.24 per share and currently has a dividend yield of 1.62%. The dividend payout ratio is 70.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADDYY will have a dividend payout ratio of 70.45% 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 institutional and retail investors. Top institutional investors include Todd Asset Management LLC (0.01%), Teachers Retirement System of The State of Kentucky (0.01%), Kempner Capital Management Inc. (0.01%), Pacer Advisors Inc. (0.01%), Madison Asset Management LLC (0.01%) and Mar Vista Investment Partners LLC (0.01%).
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 $76.37.
How much money does adidas make?: adidas (OTCMKTS:ADDYY) has a market capitalization of $29.26 billion and generates $23.72 billion in revenue each year. The company earns $644.91 million in net income (profit) each year or $1.77 on an earnings per share basis.
How many employees does adidas have?: The company employs 61,401 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 3/23/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

adidas - ADDYY Stock Forecast, Price & News

adidas MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About adidas (OTCMKTS:ADDYY) Stock

ADDYY Stock News Headlines

ADDYY Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

ADDYY Stock - Frequently Asked Questions

Overall MarketRank^™