Q4 EPS Estimates for adidas Lifted by Telsey Advisory Group

adidas AG (OTCMKTS:ADDYY) – Analysts at Telsey Advisory Group boosted their Q4 2024 earnings per share (EPS) estimates for shares of adidas in a research report issued to clients and investors on Tuesday, January 21st. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will earn $0.14 per share for the quarter, up from their prior 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.

adidas (OTCMKTS:ADDYY) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.25. The firm had revenue of $7.08 billion for the quarter, compared to analyst estimates of $7.01 billion. adidas had a net margin of 1.91% and a return on equity of 7.39%.

A number of other brokerages also recently weighed in on ADDYY. Sanford C. Bernstein upgraded adidas from a “market perform” rating to an “outperform” rating in a research note on Monday, January 6th. HSBC cut adidas from a “buy” rating to a “hold” rating in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

adidas Stock Down 1.5 %

Shares of ADDYY stock opened at $133.22 on Friday. adidas has a 52-week low of $88.03 and a 52-week high of $135.68. The stock has a market cap of $47.57 billion, a price-to-earnings ratio of 102.48 and a beta of 1.18. The firm’s 50-day moving average is $122.41 and its 200-day moving average is $122.61. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.32.

Hedge Funds Weigh In On adidas

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

About adidas

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.