Analysts Decrease Earnings Estimates for ANTA Sports Products Ltd (OTCMKTS:ANPDF)

ANTA Sports Products Ltd (OTCMKTS:ANPDF) – Research analysts at Jefferies Financial Group reduced their FY2019 earnings per share (EPS) estimates for shares of ANTA Sports Products in a report released on Wednesday, December 11th, according to Zacks Investment Research. Jefferies Financial Group analyst J. Chou now expects that the company will post earnings of $0.28 per share for the year, down from their previous estimate of $0.29. Jefferies Financial Group also issued estimates for ANTA Sports Products’ FY2020 earnings at $0.39 EPS and FY2021 earnings at $0.49 EPS.

A number of other analysts also recently weighed in on ANPDF. Zacks Investment Research raised shares of ANTA Sports Products from a “sell” rating to a “hold” rating in a report on Friday, November 8th. ValuEngine downgraded shares of ANTA Sports Products from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 2nd.

Shares of ANPDF traded down $0.52 during mid-day trading on Friday, hitting $9.18. The company’s stock had a trading volume of 200 shares, compared to its average volume of 6,022. The firm has a market capitalization of $25.34 billion, a PE ratio of 39.91 and a beta of 1.17. ANTA Sports Products has a one year low of $4.40 and a one year high of $10.00. The stock’s 50-day moving average is $9.53 and its two-hundred day moving average is $8.16.

ANTA Sports Products Company Profile

ANTA Sports Products Limited designs, researches, develops, manufactures, markets, trades in, and retails sporting footwear, apparel, and accessories in the People’s Republic of China. The company offers sportswear, including running, boxing, basketball, female fitness, cross-training, skiing, soccer, football, outdoor, and lifestyle products, as well as sports fashion clothing, kid’s sports fashion clothing and sportswear, and leisure footwear products under the DESCENTE, FILA, FILA KIDS, KINGKOW, KOLON SPORT, SPRANDI, ANTA, and ANTA KIDS brands.

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