News articles about ADIDAS AG/S (OTCMKTS:ADDYY) have been trending somewhat positive recently, InfoTrie reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. ADIDAS AG/S earned a daily sentiment score of 1.33 on their scale. InfoTrie also assigned media coverage about the company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected ADIDAS AG/S’s analysis:
- ‘I can’t get a seat at the table’: Some Adidas workers say limits to advancement for Black workers contradict the brand’s inclusive outer image (businessinsider.com)
- Footy is back! Here’s how to get 40% off Adidas boots (thebrag.com)
- Adidas Can’t Undo Nike’s Sneaker Patent Win, Fed. Circ. Says (law360.com)
- Here’s When You Can Reportedly Buy the Adidas Yeezy Boost 380 ‘Lmnte’ (yahoo.com)
- The 12 best activewear and athleisure deals from Amazon’s Big Style Sale: Adidas, Under Armour, and more (usatoday.com)
ADDYY has been the topic of a number of analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating on shares of ADIDAS AG/S in a research note on Tuesday, April 28th. Telsey Advisory Group reaffirmed an “outperform” rating on shares of ADIDAS AG/S in a research note on Friday, March 6th. Deutsche Bank reissued a “hold” rating on shares of ADIDAS AG/S in a research note on Friday, April 17th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of ADIDAS AG/S in a research note on Tuesday, April 28th. Finally, Zacks Investment Research cut ADIDAS AG/S from a “hold” rating to a “strong sell” rating in a research note on Friday, May 1st. Four analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. ADIDAS AG/S presently has an average rating of “Hold” and a consensus target price of $182.00.
ADIDAS AG/S (OTCMKTS:ADDYY) last released its quarterly earnings results on Monday, April 27th. The company reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.59). ADIDAS AG/S had a net margin of 6.11% and a return on equity of 18.83%. The firm had revenue of $5.24 billion for the quarter, compared to the consensus estimate of $5.49 billion. Sell-side analysts anticipate that ADIDAS AG/S will post 1.69 earnings per share for the current fiscal year.
ADIDAS AG/S Company Profile
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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