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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
OTCMKTS:ADDYY

adidas (ADDYY) Stock Price, News & Analysis

$117.23
+6.22 (+5.60%)
(As of 04/17/2024 ET)
Today's Range
$116.62
$118.07
50-Day Range
$90.74
$117.23
52-Week Range
$79.58
$118.07
Volume
65,332 shs
Average Volume
52,321 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
0.20%
Price Target
N/A
ADDYY stock logo

About adidas Stock (OTCMKTS:ADDYY)

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. It sells its products through its own retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.

ADDYY Stock Price History

ADDYY Stock News Headlines

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Exclusive Report: Uncover a Hidden Investment Gem We’re excited to share a special report on one exceptional, publicly traded company. This company has achieved a remarkable 22+% just this year, outperforming the market and revealing the potential for significant gains.
Adidas raises outlook with better-than-expected Q1
Adidas stock up on upbeat 2024 outlook
Adidas Releases Preliminary 1Q Figures
Adidas gains after outlook boost
See More Headlines
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Company Calendar

Last Earnings
3/13/2024
Today
4/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:ADDYY
CIK
N/A
Employees
59,030
Year Founded
1949

Profitability

Net Income
$-81,170,000.00
Pretax Margin
0.30%

Debt

Sales & Book Value

Annual Sales
$23.19 billion
Cash Flow
$3.17 per share
Book Value
$13.91 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
1.18

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Key Executives

  • Mr. Harm Ohlmeyer (Age 56)
    CFO & Member of Executive Board
    Comp: $1.57M
  • Mr. Martin Shankland (Age 53)
    Head of Global Operations & Member of Executive Board
    Comp: $993.33k
  • Mr. Guenter Weigl (Age 59)
    SVP of Global Sports Mktg. & Brand Relations and Employee Representative Member of Supervisory Board
    Comp: $223.47k
  • Ms. Petra Auerbacher (Age 55)
    Project Manager Creative Direction & Employee Representative Member of Supervisory Board
    Comp: $112.82k
  • Mr. Frank Scheiderer (Age 47)
    Director of Finance Strategy & Programs and Employee Representative Member of the Supervisory Board
    Comp: $223.47k
  • Mr. Bjorn Gulden (Age 59)
    CEO & Member of Executive Board
  • Mr. Arthur Hold (Age 55)
    Head of Global Sales & Member of Executive Board
  • Ms. Michelle Robertson (Age 49)
    Global Head of HR, People & Culture and Member of Executive Board
  • Mr. Sebastian Steffen
    Senior Vice President of Investor Relations
  • Mr. Jan Runau
    Chief Corporate Communications Officer

Should I Buy adidas Stock? ADDYY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in adidas AG:

  • Adidas AG has a strong global presence, operating in key regions like Europe, North America, Greater China, and Latin America, providing diversified revenue streams.
  • The company offers a wide range of athletic and sports lifestyle products under various brands, catering to a broad consumer base and potentially increasing market share.
  • Recent upgrades in stock ratings by reputable analysts, such as Royal Bank of Canada, indicate positive market sentiment towards adidas AG, potentially leading to stock price appreciation.
  • Adidas AG has shown resilience during economic downturns, with a history of adapting to market challenges and maintaining profitability.
  • The company's strategic focus on e-commerce channels can drive sales growth and improve profit margins, aligning with the current trend of online shopping in the retail industry.

Cons

Investors should be bearish about investing in adidas AG for these reasons:

  • Adidas AG faces intense competition in the sporting and athletic goods industry, which may impact market share and profitability.
  • Fluctuations in raw material prices, currency exchange rates, and global economic conditions can affect the company's production costs and overall financial performance.
  • The company's stock price has experienced volatility in recent periods, potentially leading to uncertainty for investors seeking stable returns.
  • Changes in consumer preferences and trends in the sports industry could impact the demand for adidas AG products, requiring continuous innovation and adaptation to stay competitive.
  • Investors should consider the company's debt levels and liquidity ratios to assess financial stability and risk management practices.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these adidas pros and cons to contact@marketbeat.com.

ADDYY Stock Analysis - Frequently Asked Questions

Should I buy or sell adidas stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for adidas in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ADDYY shares.
View ADDYY analyst ratings
or view top-rated stocks.

How have ADDYY shares performed in 2024?

adidas' stock was trading at $101.65 on January 1st, 2024. Since then, ADDYY shares have increased by 15.3% and is now trading at $117.23.
View the best growth stocks for 2024 here
.

Are investors shorting adidas?

adidas saw a decline in short interest in March. As of March 15th, there was short interest totaling 10,300 shares, a decline of 50.0% from the February 29th total of 20,600 shares. Based on an average trading volume of 77,100 shares, the days-to-cover ratio is presently 0.1 days.
View adidas' Short Interest
.

How were adidas' earnings last quarter?

adidas AG (OTCMKTS:ADDYY) released its quarterly earnings data on Wednesday, March, 13th. The company reported ($1.27) EPS for the quarter, missing analysts' consensus estimates of ($0.91) by $0.36. The business had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.22 billion. adidas had a negative net margin of 0.33% and a negative trailing twelve-month return on equity of 2.21%.

How often does adidas pay dividends? What is the dividend yield for adidas?

adidas announced a dividend on Wednesday, April 17th. Investors of record on Monday, May 20th will be given a dividend of $0.2394 per share on Wednesday, May 29th. The ex-dividend date is Friday, May 17th.
Read our dividend analysis for ADDYY
.

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 0.22%.
Read our dividend analysis for ADDYY.

What ETF holds adidas' stock?

Pacer Trendpilot European Index ETF holds 2,291 shares of ADDYY stock, representing 0.61% of its portfolio.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
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This page (OTCMKTS:ADDYY) was last updated on 4/17/2024 by MarketBeat.com Staff

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