Stock of the week: "Puma SE"
Puma SE is a sporting goods and equipment manufacturer that designs, develops, and markets footwear, apparel, and accessories for men, women, and children.’The company was founded by Rudolf Dassler on October 1, 1948, and is headquartered in Herzogenaurach, Germany.
Puma reported an increase in operating results (EBIT) by 12.6% from Q3 2021 despite the ongoing geopolitical tensions and lockdown measures thus exceeding analysts' expectations. The firm continues to sign big athletes and artists such as Abby Steiner and Skepta thus showing the influence of Puma on athletics and streetwear fashion.
Financial social media sentiment is “positive” in both absolute and relative terms – on its own and when compared to the sentiment of the sector and the sentiment of the stock index.
Analysts' consensus rating is "buy" - out of the 20 bank analysts covering the company, 19 recommend buying the stock, while only one recommends holding it. The upside potential of the stock price expected by the analysts on average over the next 6-12 months is currently 75.49% (reference close of business 12/12/2022).
Attention buzz is currently “Low”.
Don't run away, time to get healthy!
Sources:
https://umushroom.com/en/equity/puma-i
https://about.puma.com/en/newsroom/corporate-news/2022/10-26-2022-q3-results
