NIKE, Inc. (NYSE:NKE) closed its last session at $64.29. The stock traded within a range of $63.78 and $64.31. The company operates in the Consumer Cyclical sector with a market capitalization of 104.01 Million. Trading volume for NIKE, Inc. was 5.1 Million in its previous trading session. Currently, NIKE, Inc. (NYSE:NKE) has an average volume of 10.02 Million.
Nike, Inc., based near Beaverton, Oregon, is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly-owned NIKE, Inc. subsidiary brands include Converse, which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories.
NIKE, Inc. (NYSE:NKE) received a Buy rating from 6 analysts. 0 analysts gave its stock an Outperform rating. 5 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.
NIKE, Inc. (NYSE:NKE) touched its 1-Year High price of $65.18 on 12/19/17 and its 1-Year Low price of $50.35 on 10/12/17.
EPS & Financials
NIKE, Inc. (NYSE:NKE) reported its EPS in the last quarter as $0.46/Share beating the analyst estimate of $0.4/Share by a difference of $0.06. This showed a surprise of 15% in the last quarter earnings.
For the current quarter, 30 analysts are projecting a mean EPS of $0.52/share. According to their observations and findings, the stock could provide a high EPS of $0.56/share and a low EPS of $0.46/share.
Analysts believe that the company has the potential to earn average revenue of $8.84 Billion for the current quarter. According to their predictions high & low revenue estimates are 8.96 Billion and 8.75 Billion respectively.
By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with LOW volatility. NIKE, Inc. (NYSE:NKE) has a 20-Day average volume of 9.82 Million. According to today’s trading volume NIKE, Inc. is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.
Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.
The company currently has an insider ownership of 1.7 Percent and Institutional ownership of 81.3 Percent. The return on assets stands at 18.3%, Return on Equity currently is 34.3% and the Return on Investment value is 25.3%.
NIKE, Inc. (NYSE:NKE) gross margin percentage stands at 43.8% while its operating margin for the past trailing twelve month is 13.7 percent and its overall profit margin (ttm) is 12.2 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 0.78% with a 50-Day Simple Moving Average of 6.54 percent. As of today, the company has a SMA200 (200-day simple moving average) of 14.51 Percent. The Stock has YTD (year to date) performance of 2.78 percent.
The TTM operating margin for the company stands at 13.7%. The return on invested capital is at 25.3%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 44.66.
The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 14.51%, and has a solid year to date (YTD) performance of 2.78% which means that the stock is constantly adding to its value from the previous fiscal year end price.