PUM.DE - PUMA SE

XETRA - XETRA Delayed Price. Currency in EUR
74.45
-0.10 (-0.13%)
At close: 5:35PM CET
Stock chart is not supported by your current browser
Previous Close75.00
Open73.85
Bid74.55 x 1000
Ask74.80 x 2900
Day's Range70.85 - 75.40
52 Week Range48.00 - 84.30
Volume715,121
Avg. Volume388,680
Market Cap10.902B
Beta (5Y Monthly)0.31
PE Ratio (TTM)42.42
EPS (TTM)1.75
Earnings DateApr 30, 2020
Forward Dividend & Yield0.50 (0.67%)
Ex-Dividend DateMay 08, 2020
1y Target EstN/A
  • Yo Gotti talks investing, esports, and new album
    Yahoo Finance Video

    Yo Gotti talks investing, esports, and new album

    Hip hop artist Yo Gotti discusses his investing habits, the esports industry, and his outlook on the future of the music industry. He joins Yahoo Finance's Reggie Wade and the On The Move panel to share his thoughts.

  • Did PUMA SE's (ETR:PUM) Recent Earnings Growth Beat The Trend?
    Simply Wall St.

    Did PUMA SE's (ETR:PUM) Recent Earnings Growth Beat The Trend?

    Improvement in profitability and outperformance against the industry can be important characteristics in a stock for...

  • CDC Warns Travelers on Hong Kong; Two Die in Iran: Virus Update
    Bloomberg

    CDC Warns Travelers on Hong Kong; Two Die in Iran: Virus Update

    (Bloomberg) -- The International Monetary Fund reiterated that it sees a rebound in global growth this year, despite risks of a further spread of the coronavirus that has now killed 2,010 and infected 75,286 people around the world.Iran said that two elderly patients died, the first fatalities, and the U.S. issued a travel watch for Hong Kong after a second patient died there.China said it’s considering further measures to shield its economy from the outbreak, including cash infusions and bailouts for the struggling airline industry. The government is planning to take over HNA Group Co. and sell off its airline assets after the virus hampered the debt-loaded conglomerate’s ability to meet financial obligations.As more people are encouraged to stay at home, a growing number of Chinese private companies have stopped paying staff completely.Key DevelopmentsIran reports first deaths from coronavirusChina nears takeover of troubled HNAMiners advance in bet on rebound in China metals demandChina death toll hits 2,004; 74,185 confirmed casesClick VRUS on the terminal for news and data on the novel coronavirus and here for maps and charts. For analysis of the impact from Bloomberg Economics, click here.CDC Warns Travelers to Hong Kong (4:20 p.m. NY)The U.S. Centers for Disease Control and Prevention warned travelers to Hong Kong to be prepared for the novel coronavirus after a second person there died from the infection.The agency put in place a level 1 travel notice for Hong Kong that advises visitors to avoid contact with sick people and to wash their hands often to avoid contracting the virus, which is spreading there from person-to-person.The CDC has level 4 advisory for China’s Hubei province, the center of the outbreak, which means no one should travel there. The rest of mainland China is level 3, meaning people should avoid non-essential travel.Two Iran Patients Die: Report (11:37 a.m. NY)Two Iranian citizens who tested positive for the coronavirus have died, a Health Ministry official told the state-run Islamic Republic News Agency, the country’s first fatalities from the outbreak.The patients were elderly residents of the the city of Qom, said the news agency, about 100 miles (150 kilometers) south of Tehran.China Said to Near Takeover of HNA Group (9:45 a.m. NY)China is planning to take over HNA Group Co. and sell off its airline assets after the coronavirus outbreak hit the indebted conglomerate’s ability to meet financial obligations, according to people familiar with the plans.The government of Hainan, the southern island province where HNA is based, is in talks to take control of the conglomerate, which has been shedding assets after a global buying spree left it with one of the highest levels of corporate debt in China, the people said. The airline assets could be taken over later by other local companies, they said.China’s Central Bank Expects ‘Limited’ Virus Impact (8:41 a.m. NY)The People’s Bank of China acknowledged the downward pressure facing the economy and said the impact of the outbreak would be “short-lived” and “limited in terms of time and scope.”It called for a “rational view” on the economic impact of the virus and said it’ll work to promote consumption and investment to boost domestic demand, according to a quarterly monetary policy report.IMF Sees Global Economic Rebound Despite Virus Threat (8:30 a.m. NY)Worldwide economic growth is expected to “moderately strengthen” this year, according to the IMF, despite the Washington-based lender warning that the coronavirus is one of the main risks that could derail that outlook.Russia Exports to China Slump, Indonesia Spending Hit (6:24 a.m. NY)Russia’s exports to China dropped by almost a third in the first six weeks of the year as the spread of coronavirus sapped demand in the world’s second-biggest economy. Separately, Indonesia’s revenue and spending fell in the first month of the year and the country’s finance minister warned of more risks to economic growth.Macau Says 29 of 41 Casinos to Reopen Feb. 20 (5:32 p.m. HK)Twelve casinos remain suspended. Reopening involves 1,800 gaming tables, which is less than 30% of the original number.Adidas, Puma Say Coronavirus Pummeled Demand in China (5:02 p.m. HK)Adidas AG and rival Puma SE said business in China was pummeled by the coronavirus, which forced the German sporting-gear companies to shut stores.China Says Virus Spread Possible Via Aerosol in Confined Space (4:48 p.m. HK)It is possible to catch the novel coronavirus if exposed to highly dense aerosols in a confined environment for a long time, China’s National Health Commission said.Chinese Oil Refineries Deepen Run Cuts (4:09 p.m. HK)Chinese refineries are throttling back production even further to cope with weak demand and a lack of workers due to the coronavirus, and are now processing 25% less oil than they were last year.No Wages for Chinese Workers (2:50 p.m. HK)A growing number of China’s private companies have cut wages, delayed paychecks or stopped paying staff completely, saying that the economic toll of the coronavirus has left them unable to cover their labor costs. To slow the spread of the virus, Chinese authorities and big employers have encouraged people to stay home. Shopping malls and restaurants are empty; amusement parks and theaters are closed; non-essential travel is all but forbidden.Glovemaker Increases Debt Sale (12:54 p.m. HK)The world’s biggest glovemaker got a vote of confidence from investors in the credit market, as the spreading coronavirus fuels demand for the Malaysian company’s rubber products. Top Glove Corp. sold 1.3 billion ringgit ($313 million) of Islamic notes, more than its planned offering of 1 billion ringgit.All Negative for Westerdam Passengers (12:19 p.m. HK)All remaining 781 passengers of the Westerdam cruise ship moored in Cambodia have tested negative for coronavirus. Holland America Line, which owns the vessel, made the announcement, citing the Cambodian Ministry of Health.Japanese Efforts Criticized (12:15 p.m. HK)As Japan began releasing passengers from a stricken cruise ship anchored off Yokohama, the U.S. Centers for Disease Control and Prevention criticized the Japanese government’s quarantine efforts, saying they may not have been sufficient to prevent transmission of the coronavirus aboard the vessel.The CDC said in a statement Tuesday there may be additional virus cases among the remaining passengers, as the rate of new infections presents an “ongoing risk.” It said passengers and crew are prevented from returning to the U.S. for at least 14 days after leaving the ship.APEC to Discuss Impact of Coronavirus (11:30 a.m. HK)Senior officials of Asia-Pacific Economic Cooperation Secretariat will discuss the impact of the coronavirus in the next few days, said Michael Chapnick, direct of communications and public affairs. The Secretariat sees the outbreak as “a challenge for the region” as they prepare to host meetings in Malaysia this year.Hong Kong Reports Second Death (11:05 a.m. HK)A 70-year-old male who had been diagnosed with coronavirus died this morning at Princess Margaret Hospital, a spokesperson for the hospital said by phone. He had underlying illnesses and had a day trip to mainland China on Jan. 22. Local news site HK01 reported the death earlier this morning.China Mulling Airline bailout (11:01 a.m. HK)China is considering measures such as direct cash infusions and mergers to bail out an airline industry crippled by the virus outbreak, according to people familiar with the matter. One proposal involves allowing some of the nation’s biggest carriers -- which are controlled by the state -- to absorb smaller ones suffering the most from the collapse of travel, the people said, asking not to be identified because the information hasn’t been discussed publicly. To read full story, click here.Cruise Passengers Begin to Disembark (10:10 a.m. HK)Passengers finally began leaving a cruise ship that has been quarantined off Yokohama, Japan, the NHK reported.Many of those who leave the ship will be subject to another 14 days of quarantine once they return home. All passengers are set to leave the Diamond Princess cruise between Wednesday and Friday. About one in seven people aboard became infected, with 542 people confirmed to have contracted the virus as of Tuesday.To read full story, click here.Taiwan Extends Hong Kong Tour Suspension (10:05 a.m. HK)Taiwan’s Tourism Bureau said suspension on group tours to Hong Kong and Macau will be extended to April 30 from original schedule of March 31. Taiwan had earlier barred entry for all residents of mainland China, Hong Kong and Macau. Taiwan had also halted all passenger flitghts to China except for those to and from the Chinese cities of Beijing, Shanghai, Xiamen and Chengdu.Gauging the Damage From the Virus (10 a.m. HK)U.S. corporations are rushing to assess the impact on their business from the coronavirus infection spreading across China. Bloomberg economists reviewed all mentions of the coronavirus for S&P 500-listed firms - a total of more than 150 companies with a combined market cap of $9 trillion - and found that 56% of them said it was too early to gauge how the virus might play out. Another 36% said it would have an effect, but likely limited. Only 5% anticipate a severe blow. But the harsh reality on the ground in China points to a different conclusion - so companies and investors may be in for a nasty shock.To read the full report, click here.South Korea Confirms 15 More Cases (9:30 a.m. HK)The Korea Center for Disease Control & Prevention confirmed 15 more cases of people with coronavirus, 13 of them in Daegu city, southeast of Seoul. Eleven of the newly confirmed cases were linked to a patient that tested positive yesterday, the CDC said. The Kyungpook National University Hospital in Daegu has been asked to close down its emergency room after at least one patient in the facility was found to have been infected.\--With assistance from Emi Nobuhiro, K. Oanh Ha, Adrian Kennedy, Adela Lin, Yudith Ho and Michelle Fay Cortez.To contact Bloomberg News staff for this story: Jeff Sutherland in Tokyo at jsutherlan13@bloomberg.netTo contact the editors responsible for this story: Stuart Wallace at swallace6@bloomberg.net, ;Drew Armstrong at darmstrong17@bloomberg.net, Chris Kay, Mark SchoifetFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Financial Times

    Manchester City lines up legal defence over Champions League ban

    As Manchester City’s players returned to training following their winter break, executives at the Premier League champions spent the weekend preparing for their biggest battle yet. from the Champions League for the next two seasons after “serious breaches” of so-called financial fair play rules has raised questions over whether its much-admired manager, Pep Guardiola, as well as its superstar players, will stay. Exclusion from Europe’s most prestigious club football competition would result in the loss of revenues from broadcasting, prize money, sponsorship and ticketing worth up to £100m a season.

  • Fitness Clubs Feel the Burn
    Bloomberg

    Fitness Clubs Feel the Burn

    (Bloomberg Opinion) -- Hitting the gym to lose a few extra pounds? It’s likely you’re not alone. Lapsed fitness-club members typically return in January, with new sign ups in February, much to the annoyance of those workoutaholics who turn up whatever the season.But they may have less to complain about this year. There are more and more fancy classes to choose from. Boxing is so hot right now that French fashion house Balmain, Puma SE and model Cara Delevingne have created a clothing line inspired by the ring. At the other end of the spectrum, workouts that are more Primark than Prada have rocketed.The legacy fitness operators are caught between these two trends, trying everything they can to keep their members coming back. In the U.K., where the number of health clubs exploded last year, they span brands including Virgin Active, David Lloyd Leisure and DW Fitness First. It’s the ultimate barbell economy, if you like, as an exercise market frenzy that began in the U.S. shakes up the rest of the world.  In the burgeoning no-frills sector, you may not get a towel, but for about 20 pounds a month you do get access to workout spaces, equipment and classes. In Europe, low-cost groups now account for half of the top 10 operators by revenue, according to Deloitte and EuropeActive, and these are leading revenue growth. Competitors there include Basic-Fit NV, McFit Gmbh and in the U.K., Pure Gym and The Gym Group Plc. They’ve been able to take advantage of stress in shopping areas to add temples of sweat. In the U.K. alone, more 1,000 retail spaces, from Blockbuster stores to post offices, have been converted into gyms over the past five years, according to the Local Data Company.At the very top end, pressure is coming from providers such as New York-based Equinox, the luxury fitness group that’s a majority owner in SoulCycle Inc., which has rolled into London. And a new generation of home fitness options are trying to eliminate the need to go to the gym at all, with personalized workout apps tracking your calorie burn in the privacy of your own home. The mainstream providers, many born out of the era when Jane Fonda’s Workout was at the cutting edge, must shape up too.All this pressure is a risk for investors, especially private equity owners, which will want to make a return and eventually seek an exit. For Brait SE, an investment holding company that owns Virgin Active, this could be sooner rather than later. Brait said recently that a restructuring plan could lead to asset sales.Virgin Active has sold off many of its British clubs leaving it with 43 in metropolitan areas, down from a peak of about 100. Its focus on more affluent members, who can afford to pay 20 pounds a pop for trendier classes elsewhere, makes it particularly exposed to the studios. Sales in the U.K. were flat in the nine months to Sept. 30, but underlying earnings rose 11.5% thanks to cost savings. To compete with the boutique crowd, the company has been investing in boxing rings and machines for extreme Pilates.However, sales at its clubs in Italy, South Africa and Asia are growing. Any new owner may look to expand its Asian footprint. One winning strategy for legacy operators may be to concentrate on markets that are less crowded. David Lloyd Leisure, one of Europe’s largest gym groups by revenue, has already taken this route. It concentrates in the U.K. primarily on clubs with a family focus and racket sports, mainly outside of London, and is also expanding across Europe. Consequently, Ebitda has more than doubled under TDR Capital’s six-year ownership to 135 million pounds last year. Even so, it’s experimenting with Blaze, a stand-alone studio with a “high-end nightclub vibe” in Birmingham to try to fight off the insurgents.But legacy fitness operators can take some comfort.As my colleague Sarah Halzack has noted, studio concepts, some of which are also attracting private equity interest, flourished in a buoyant economy. Consumers pulling in the purse strings may take a different view of value, and if clubs can sufficiently up their game, a monthly gym fee might start to look more attractive than high-priced pay-as-you-go aerial yoga classes. The budget sector may be due for a shake up too. There has already been significant consolidation, led by Pure Gym and The Gym Group, but there could be further reshaping as smaller operators feel the burn.But for the mainstream brands, it’s too early to break for a relaxing cooldown any time soon.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Don't Sell PUMA SE (ETR:PUM) Before You Read This
    Simply Wall St.

    Don't Sell PUMA SE (ETR:PUM) Before You Read This

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • How Much Is a Moncler Puffer Jacket Worth?
    Bloomberg

    How Much Is a Moncler Puffer Jacket Worth?

    (Bloomberg Opinion) -- Moncler SpA’s hotline just blinged. The brand, sported by Drake in his video for the popular song of that name, is being courted by Kering SA, according to Bloomberg News.Moncler has been a fashion-hit maker itself. If Francois-Henri Pinault’s Kering wants to get its hands on it, the Gucci owner will have to pay a price as rich as that commanded by one of its $1,000-plus down jackets.The Italian brand, with a market capitalization of 11 billion euros ($12.2 billion), would bring a sizable name that’s still capable of growth to Kering, valued at 69 billion euros. It would also usefully reduce the French group’s reliance on Gucci, which now accounts for more than 60% of group sales and 80% of operating profit.Moncler has scope to add further stores, particularly flagship locations, in China. While it has successfully expanded its range of products from its core down jackets into knitwear, there is an opportunity in bags and accessories. Kering’s expertise would bolster these ambitions. Digital marketing skills and the French company’s focus on sustainability could be useful too, as younger luxury buyers’ concerns about natural resources, such as down and fur, shape their buying habits.But Moncler won’t come cheap. Assuming a 25% premium over Wednesday’s closing price, a takeover would cost about 12 billion euros, adjusting for estimated net cash of 550 million euros. That equates to about 20.5 times this year’s likely Ebitda, exceeding the multiple that Kering’s French arch-rival LVMH has offered for the iconic diamond and jewelry brand Tiffany & Co.With Moncler forecast to make about 750 million euros of operating profit in 2023, the returns from a deal would be a mere 5% after tax, unless Kering could turbocharge the business. Given that the target is already well run under Remo Ruffini, its chief executive officer and biggest shareholder, that looks like a tall order. Moncler's operating margin is already strong at about 30%.This wouldn’t be a case of taking a tired brand and rejuvenating it. So the pressure would be on Kering to engineer ways of achieving higher sales in order to earn returns at closer to the 7%-8% level that would make a deal easier to justify.The French house can afford Moncler. Assuming an all-cash deal, net debt would increase from 0.4 times Ebitda to 2.4 times. That’s manageable. Kering also has a 16% stake in sportswear maker Puma SE, worth about 1.6 billion euros, to play with. But a deal would wrap up much of Kering’s acquisition firepower up in a puffer jacket, leaving little room to expand into other areas, such as jewelry.There is better value to be found elsewhere, for example in Britain’s Burberry Group Plc, whose recovery plan has yet to pay off. Kering could also bring the skills it used to reinvigorate the Gucci brand to Prada SpA or Salvatore Ferragamo SpA. While this could mean more upfront investment, there is a much bigger turnaround potential.Although Burberry has no controlling family, Prada and Ferragamo do. So far, they have shown no indications of wanting to sell. A reshuffle of Moncler’s ownership recently reduced Ruffini’s stake to 22.5%Even so, Moncler’s down jackets are best known for keeping out the cold. The company has plenty to help it repel a predator, or more likely, make them pay a bulky price.\--With assistance from Chris Hughes.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • These 4 Measures Indicate That PUMA (ETR:PUM) Is Using Debt Reasonably Well
    Simply Wall St.

    These 4 Measures Indicate That PUMA (ETR:PUM) Is Using Debt Reasonably Well

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Reuters

    Re-sale market drives hype around H&M designer collaborations

    MADRID/STOCKHOLM, Nov 7 (Reuters) - As fast-fashion giant H&M pushes more designer tie-ups, some consumers are eschewing the long lines outside stores to buy the looks in the fast-growing resale market. H&M has released 15 designer and brand collaboration collections to date in 2019 compared to 11 in the whole of last year. The latest is its collection of looks crafted in collaboration with Italian designer Giambattista Valli.

  • Boasting A 15% Return On Equity, Is PUMA SE (ETR:PUM) A Top Quality Stock?
    Simply Wall St.

    Boasting A 15% Return On Equity, Is PUMA SE (ETR:PUM) A Top Quality Stock?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Reuters

    UPDATE 2-German economy to grow in Q4 as business morale steadies - Ifo

    Ifo said its business climate index was unchanged from the prior month in October at 94.6. "The German economy is stabilising," Ifo President Clemens Fuest said in a statement. Europe's economic powerhouse shrank in the second quarter, and many economists expect it to have done so again in the third.

  • Reuters

    UPDATE 2-Puma sees profit hit from U.S. tariffs on China

    German sportswear group Puma cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised its sales forecast and narrowed its profit target after a strong third quarter in all regions. "So far everybody is eating the tariffs in their margins," Chief Executive Bjorn Gulden told journalists, adding that he expected rivals to increase U.S. prices, but Puma would not hike first as it is not the market leader.

  • Reuters

    GRAPHIC-Asia seeks ways to cope with trade war's hit to China demand

    Asian countries are looking for catalysts beyond China to drive their economies as the Sino-U.S. trade war forces Chinese demand for their exports to shrink. Luring foreign companies to their shores, finding ways to boost domestic consumption and scouring for alternate export markets are part of that policy mix as China's neighbours cope with flagging demand from the mainland, hitherto a large market for Asia in the regional supply chain. Malaysia set up a panel to fast-track investments to woo businesses, and said it approved more than $500 million in proposals this month.

  • PUMA SE (ETR:PUM) Earns Among The Best Returns In Its Industry
    Simply Wall St.

    PUMA SE (ETR:PUM) Earns Among The Best Returns In Its Industry

    Today we'll evaluate PUMA SE (ETR:PUM) to determine whether it could have potential as an investment idea...

  • Reuters

    Belle Intl taps BAML for sportswear unit IPO after $6.8 bln buyout -sources

    Chinese footwear retailer Belle International has hired Bank of America Merill Lynch (BAML) to help prepare for a Hong Kong listing of its sportswear business this year, said people with direct knowledge of the matter. The firm aims for a valuation of at least HK$20 billion ($2.55 billion) to HK$25 billion for the unit, which distributes brands such as Nike and Adidas, said two of the people. The divestiture comes nearly two years after BAML advised a consortium led by Hillhouse Capital Group and CDH Investments to take Belle private in a $6.8 billion deal completed in July 2017, as traditional retailers battled online competition.