Puma (PUMSY) Expected to Post Quarterly Earnings on Thursday

Puma (OTCMKTS:PUMSY) is anticipated to release its resultson Thursday, July 30th. Analysts expect Puma to announce earnings of ($0.0589) per share and revenue of $1.8964 billion for the quarter.

Puma Price Performance

Puma stock opened at $3.23 on Thursday. The firm’s 50 day simple moving average is $3.14 and its 200-day simple moving average is $2.82. Puma has a fifty-two week low of $1.71 and a fifty-two week high of $3.46.

Analysts Set New Price Targets

Several brokerages recently commented on PUMSY. Santander assumed coverage on shares of Puma in a research report on Friday, June 26th. They issued a “neutral” rating for the company. Zacks Research upgraded shares of Puma to a “hold” rating in a research report on Tuesday, June 9th. Citigroup raised shares of Puma from a “neutral” rating to a “buy” rating in a research note on Thursday, June 4th. Finally, HSBC upgraded Puma to a “buy” rating in a report on Tuesday, June 16th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Puma Company Profile

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.