At a Zacks Rank #2 (Buy), Adidas looks to be a solid stock pick at the moment thanks to these three reasons outlined below.
Growth Potential
One reason that Adidas is a solid play right now is because of its growth potential in several areas. The company has projected sales growth of 7.54%, above its industry’s average figure of 6.85%. It also has projected EPS growth of 12.24% for 2016.
Earnings Estimates The Zacks Consensus EPS Estimate has grown …show more content…
(NYSE:HMC) : On Friday heightened volatility was witnessed in Honda Motor Company, Ltd. (NYSE:HMC) which led to swings in the share price. The stock opened for trading at $31.55 and hit $31.65 on the upside , eventually ending the session at $31.57, with a gain of 0.77% or 0.24 points. The heightened volatility saw the trading volume jump to 626,509 shares. The 52-week high of the share price is $31.75 and the company has a market cap of $56,898 million. The 52-week low of the share price is at $24.0349 .
Honda Motor Co Ltd (ADR) Last issued its quarterly earnings results on Feb 3, 2017. The company reported $93.67 EPS for the quarter, beating the analyst consensus estimate by $ 34.72. Analyst had a consensus of $58.95. The company had revenue of $3501000.00 million for the quarter, compared to analysts expectations of $3431223.32 million. During the same quarter in the previous year, the company posted $68.91 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Honda Motor Co Ltd (ADR) was Upgraded by Macquarie to Outperform on Feb 3,