adidas AG (OTCMKTS:ADDYY) Given Consensus Rating of “Moderate Buy” by Analysts

adidas AG (OTCMKTS:ADDYY) has earned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

Several equities analysts recently issued reports on the company. HSBC lowered adidas from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Sanford C. Bernstein raised shares of adidas from a “market perform” rating to an “outperform” rating in a research report on Monday, January 6th.

adidas Stock Up 2.4 %

OTCMKTS:ADDYY opened at $134.97 on Friday. adidas has a 1 year low of $90.39 and a 1 year high of $135.82. The stock has a 50-day moving average price of $125.82 and a two-hundred day moving average price of $123.16. The stock has a market cap of $48.20 billion, a price-to-earnings ratio of 103.82 and a beta of 1.19. The company has a current ratio of 1.32, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44.

Institutional Inflows and Outflows

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% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 897 shares of the company’s stock after acquiring an additional 105 shares during the quarter. GAMMA Investing LLC’s holdings in adidas were worth $109,000 at the end of the most recent reporting period.

adidas Company Profile

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.