Top 4 Undervalued Stocks to Watch in 2024
Smart investors are always trying to get the best possible deal on whatever security or asset they are buying. The better the deal, the higher the chance of generating a substantial ROI. To do so, we use a wide array of tools to try and analyze today's top undervalued stocks. Within this report you'll find 4 stocks selling below intrinsic value with growth potential.
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Shares Stats
| Shares Outstanding | 195,066,000 |
| Shares Float | 174,016,481 |
| Insider Holdings | 1046% |
| Institution Holdings | 47.44% |
About adidas AG
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. The company operates through ten segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Russia/CIS, Latin America, Emerging Markets, Adidas Golf, Runtastic, and Other Centrally Managed Businesses. It offers footwear; apparel; accessories and gear, such as bags, balls, and fitness equipment; and golf products under the adidas and Reebok brands. The company is also involved in the operation of Runtastic, a digital health and fitness space; and Y-3 label business activities. It sells its products through approximately 2,500 own-retail stores; mono-branded franchise stores; and wholesale distribution, as well as its e-commerce channel. 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.
General
| Name | adidas AG |
| Ticker | ADDDF |
| Exchange | OTCQX |
| Sector | Consumer Cyclical |
| Industry | Footwear & Accessories |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 54,722 |
Highlights
| Analyst Target | 325 |
| Market Cap | 64,680,783,872 |
| PEG Ratio | 7.89 |
Financials
| Curr Year EPS Estimate | 9.01 |
| Next Quarter EPS Estimate | 2.91 |
| Profit Margin | 0.02 |
| Return on Assets | 0.02 |
| Return on Equity | 0.06 |
| Earnings Per Share | 8.91 |
| Gross Profit | 9,854,000,000 |
| Quarterly Revenue Growth | -0.07 |
Valuation
| Trailing PE | 38.17 |
| Forward PE | 37.74 |
| Price/Sales (Trailing 12 Mt.) | 2.87 |
| Price/Book (Most Recent Quarter) | 8.82 |
Earnings
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Oil sprays from an ANA flight carrying 213 people as it lands in northern Japan
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Missouri's $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses
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The world's largest 3D printer is at a university in Maine. It just unveiled an even bigger one
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