ADIDAS AG/S (OTCMKTS:ADDYY) Given Average Recommendation of “Hold” by Analysts

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ADIDAS AG/S (OTCMKTS:ADDYY) has been given a consensus rating of “Hold” by the sixteen ratings firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company.

A number of equities analysts recently issued reports on ADDYY shares. Piper Jaffray Companies lowered ADIDAS AG/S from an “overweight” rating to a “neutral” rating in a research note on Monday, October 21st. Societe Generale raised ADIDAS AG/S from a “hold” rating to a “buy” rating in a report on Monday, November 18th. ValuEngine upgraded ADIDAS AG/S from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Jefferies Financial Group assumed coverage on ADIDAS AG/S in a report on Monday. They set a “hold” rating for the company. Finally, Zacks Investment Research lowered ADIDAS AG/S from a “hold” rating to a “sell” rating in a research report on Monday, October 21st.

ADIDAS AG/S stock traded up $2.64 during mid-day trading on Friday, reaching $155.04. 25,878 shares of the company traded hands, compared to its average volume of 77,559. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.37 and a quick ratio of 0.91. ADIDAS AG/S has a fifty-two week low of $101.48 and a fifty-two week high of $165.01. The company has a market capitalization of $61.76 billion, a price-to-earnings ratio of 31.32, a price-to-earnings-growth ratio of 1.96 and a beta of 0.74. The firm’s fifty day moving average is $153.18 and its two-hundred day moving average is $151.36.

ADIDAS AG/S (OTCMKTS:ADDYY) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $1.81 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.77 by $0.04. The business had revenue of $7.13 billion during the quarter, compared to the consensus estimate of $7.02 billion. ADIDAS AG/S had a net margin of 8.27% and a return on equity of 26.81%. As a group, equities research analysts predict that ADIDAS AG/S will post 5.32 earnings per share for the current year.

Several hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio purchased a new stake in ADIDAS AG/S during the third quarter worth $2,085,000. Parametric Portfolio Associates LLC increased its stake in shares of ADIDAS AG/S by 3.9% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 408,101 shares of the company’s stock valued at $63,541,000 after purchasing an additional 15,138 shares in the last quarter. First Mercantile Trust Co. acquired a new position in ADIDAS AG/S in the 3rd quarter worth about $912,000. MAI Capital Management raised its holdings in ADIDAS AG/S by 8.0% in the 3rd quarter. MAI Capital Management now owns 4,542 shares of the company’s stock worth $707,000 after purchasing an additional 338 shares during the period. Finally, Quadrant Capital Group LLC grew its holdings in ADIDAS AG/S by 4.7% in the third quarter. Quadrant Capital Group LLC now owns 5,671 shares of the company’s stock valued at $863,000 after purchasing an additional 253 shares during the period. 0.14% of the stock is owned by institutional investors and hedge funds.

About ADIDAS AG/S

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.

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Analyst Recommendations for ADIDAS AG/S (OTCMKTS:ADDYY)

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