Analysts expect over 2020 decreasing revenue Adidas

Tomorrow the German company Adidas will publish its past quarter results. Over the current book year the total revenue will be 19,81 billion euros (consensus estimates). This is hugely lower than 2019's revenue of 23,64 billion euros.

Historical revenues and results Adidas plus estimates 2020

Adidas Auckland © Adidas

The analysts expect for 2020 a net profit of 513 million euros. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 2,83 euros. Based on this the price/earnings-ratio is a very high 83,85.

For this year most of the analysts expect a dividend of 2,51 euros per share. The dividend yield is then 1,06 percent. The average dividend yield of the personal goods companies equals a limited 0,24 percent.

Latest estimates around 253 euros

The most recent recommendations for the personal goods company are from M.M. Warburg & Co., Kepler Capital Markets and Bryan Garnier.

Based on the current number of outstanding shares Adidas's market capitalization 47,26 billion euros. The Adidas stock was the past 12 months quite volatile. Since last August the stock is 12 percent lower. This year the stock price moved between 162 and 317 euro.

Historical stock prices Adidas

Click here for dividend Adidas. At 10.35 the stock trades 0,38 percent higher at 237,3 euros.

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