Puma completed its planned stock split on June 10, giving... (2024)

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Puma completed its planned stock split on June 10, giving...? ›

Puma completed its planned stock split on June 10, giving shareholders nine new shares for each one in their possession. The idea is to make the stock more attractive.

Puma Shares Fall on Weaker-Than-Expected Earnings Forecast

The German sneaker maker has struggled in the past year with tepid demand in the US, the world's largest sports market, and slow momentum in its home European market. Investors are also looking for signs of weakness in the sector after Nike Inc.

Yes, it is possible to buy one share of PUMA SE stock.

With profit expected to grow by 72% over the next couple of years, the future seems bright for PUMA. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

The nominal capital of PUMA SE relevant for the calculation of the thresholds currently amounts to EUR 150,824,640.00 and is divided into 150,824,640 no par-value shares.

Before the extraordinary devaluation of the Argentine peso, PUMA's underlying operating performance in the financial year 2023 was strong, with currency adjusted sales growth above 8% and operating result (EBIT) above last year's level (2022: € 641 million).

Artemis S.A

Puma / Parent organization

Puma Biotechnology Stock Prediction 2025

The Puma Biotechnology stock prediction for 2025 is currently $ 4.84, assuming that Puma Biotechnology shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 2.77% increase in the PBYI stock price.

In general, PUMA's dividend policy continues to provide for a payout of 25% to 35% of consolidated net income. The payment of the dividend is to take place in the days after the Annual General Meeting at which the decision is made on the payout.

Will Puma stock go up? ›

The average price target is $54.07 with a high forecast of $93.43 and a low forecast of $42.47. The average price target represents a 26.54% change from the last price of $42.73.

Outlook 2023

In the first nine months of the year, PUMA delivered double digit top-line growth and EBIT in line with expectations, based on continued strong brand momentum, exciting product launches and strong partnerships along the value chain with athletes, retailers and suppliers.

Since 1948, PUMA has made history as a creator of extraordinary product designs for the fastest athletes on the planet. We aim high, and when we reach our goals, we aim even higher.

Puma Total Long Term Debt (Quarterly): 632.29M for Dec. 31, 2023.

Puma makes most of its sales through retail partners, though revenue from its own stores has grown. In the Americas, currency-adjusted sales fell by 6.4% to 846 million euros ($918.5 million), hit by a slump in the value of the Argentine peso.

Sportswear companies including Adidas, Nike, and Puma, have seen demand weaken as customers battling with inflation cut spending on non-essential goods. "Going into 2024, we see that the market environment remains challenging," Arne Freundt, Puma's CEO, said in a statement.

There Puma sales have been dropping every quarter, after very positive, albeit slowing, growth throughout 2022. In the final quarter of 2023, Puma sales in North America decreased 10.9 percent in currency adjusted terms.

Puma Total Long Term Debt (Quarterly): 632.29M for Dec. 31, 2023.

Threats. Intense competition: Puma operates in a highly competitive industry, with well-established players like Nike and Adidas dominating the market. New entrants and smaller brands also contribute to the competitive landscape, putting pressure on Puma's market share, pricing, and profitability.