Puma and its subsidiaries are engaged in the development and sale of a broad range of sports and sports lifestyle products, including footwear, apparel and accessories. Product management, design, development and category-specific marketing have been combined under six separate Business Units. The Business Units Teamsport, Running, Training & Fitness, and Golf represent Co.'s performance business, while Lifestyle and Motorsports, Fundamentals as well as Accessories & Licensing constitute the lifestyle business.
  • Ticker696960
  • ISINDE0006969603
  • SectorPersonal Goods
  • CountryGermany

Analysts

Dave Nicoski ...
  • Ross LaDuke

Int'l Insights: Developed Markets Leadership Chart Book

Europe in focus The U.S. dollar continues to grind marginally higher, and EM equities have suffered as a result. Meanwhile, RS for the MSCI EAFE index is bottoming when compared to the MSCI EM index, largely due to outperformance in Europe. With developed int'l markets beginning to outperform emerging markets, we recommend adding exposure to the developed int'l space. Below we highlight attractive and actionable themes within developed int'l: • Europe & Japan: Though this is an all-encompassing bottoms-up chart book for developed ex-U.S., make no mistake, the vast majority of today's buy rec...

With a more favourable environment, PUMA SE improves to Slightly Positive

PUMA SE (DE), a company active in the Footwear industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date April 16, 2019, the closing price was EUR 546.50 and its potential was estimated at EUR 605.08.

Expert Corporate Governance Service (ECGS)

Puma April 18th, 2019

General: On 11 January 2018, the major shareholder of Puma SE, Kering S.A., had announced its decision to propose to the AGM of Kering S.A. on 26 April 2018 to distribute to its shareholders, by way of a dividend in kind, a portion of Kering's shareholding in Puma corresponding to approximately 70% of the total share capital of Puma SE. Since approval of the respective resolution by Kering's AGM 2018, Artémis S.A. (the major shareholder of Kering S.A.), holds approximately 29% of Puma's share capital, while Kering S.A. reduced its shareholding to approximately 16%. In connection therewith, and...

Léopold Authié

Puma : Q3 2018 better than forecast and guidance upgraded

>Q3 2018 higher than forecast, sales at 13.9% cc (vs Oddo 11.2% cc) and operating margin at 10.5% (Oddo 9.5%) - Q3 2018 sales (€ 1 242m, +13.9% cc) came in 2% ahead of consensus estimates. Organic growth was also higher than anticipated (Oddo at 11.2% cc and consensus 10.9%). The gross margin came to 49.6% (+150bp), 4% higher than the consensus. Operating profit came in at € 130m (vs Oddo at € 120m and consensus € 122m), 7% ahead of the consensus, with an operating ma...

Léopold Authié

Puma : Un T3 2018 supérieur aux attentes et guidance relevée

>Un T3 2018 supérieur aux attentes, ventes à 13.9%cc (vs Oddo 11.2%cc) et MOP à 10.5% (vs Oddo 9.5%) - Le CA T3 2018 (1 242 M€, +13.9%cc) ressort 2% au-dessus des attentes du consensus. La croissance organique ressort également au-dessus des attentes (Oddo à 11.2%cc et consensus 10.9%). La marge brute atteint 49.6% (+150 pb), 4% au-dessus du consensus. Le ROC atteint 130 M€ (vs Oddo à 120 M€ et consensus à 122 M€), 7% au-dessus du consensus, avec une marge opérationne...

Christian Bruns, CFA ...
  • Mark Josefson

PUMA - Another beat would push annual guidance up again

Christian Bruns, CFA ...
  • Mark Josefson

PUMA - Strong Q2 and confirmed FY EBIT guidance now looks conservative

Christian Bruns, CFA ...
  • Mark Josefson

Pick of the NBA draft point to strong order flow

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Christophe Chaput
  • Delphine Brault
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Léopold Authié
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Olivier Lebrun
  • Pierre Tegner
  • Rémi Adam
  • Samantha Jeary
  • Stephane Houri
  • Sven Edelfelt
  • Team Pharma
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 10/26/2018

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Christophe Chaput
  • Delphine Brault
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Léopold Authié
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Olivier Lebrun
  • Pierre Tegner
  • Rémi Adam
  • Samantha Jeary
  • Stephane Houri
  • Sven Edelfelt
  • Team Pharma
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 26/10/2018

...

With a more favourable environment, PUMA SE improves to Slightly Positive

PUMA SE (DE), a company active in the Footwear industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date April 16, 2019, the closing price was EUR 546.50 and its potential was estimated at EUR 605.08.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Puma April 18th, 2019

General: On 11 January 2018, the major shareholder of Puma SE, Kering S.A., had announced its decision to propose to the AGM of Kering S.A. on 26 April 2018 to distribute to its shareholders, by way of a dividend in kind, a portion of Kering's shareholding in Puma corresponding to approximately 70% of the total share capital of Puma SE. Since approval of the respective resolution by Kering's AGM 2018, Artémis S.A. (the major shareholder of Kering S.A.), holds approximately 29% of Puma's share capital, while Kering S.A. reduced its shareholding to approximately 16%. In connection therewith, and...

Dave Nicoski ...
  • Ross LaDuke

Int'l Insights: Developed Markets Leadership Chart Book

Europe in focus The U.S. dollar continues to grind marginally higher, and EM equities have suffered as a result. Meanwhile, RS for the MSCI EAFE index is bottoming when compared to the MSCI EM index, largely due to outperformance in Europe. With developed int'l markets beginning to outperform emerging markets, we recommend adding exposure to the developed int'l space. Below we highlight attractive and actionable themes within developed int'l: • Europe & Japan: Though this is an all-encompassing bottoms-up chart book for developed ex-U.S., make no mistake, the vast majority of today's buy rec...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch