20 May, 2017
The stock of Nike Inc (NYSE:NKE) has "Buy" rating given on Wednesday, June 29 by DA Davidson. The difference between actual earnings and estimated earnings was $0.15 per share. Oppenheimer Holdings has a "Hold" rating on the stock. It is positive, as 84 investors sold NKE shares while 443 reduced holdings. CLSA started coverage on Nike in a research report on Thursday, January 19th. They issued an "underperform" rating and a $55.00 price target on the stock. Atlantic Securities started coverage on Nike in a research report on Thursday, January 19th. The stock of Nike Inc (NYSE:NKE) has "Hold" rating given on Tuesday, September 22 by Canaccord Genuity. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Analysts have a mean recommendation of 2.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Nike presently has a consensus rating of "Buy" and a consensus target price of $60.93.
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Nike (NYSE:NKE) traded up 0.106% during trading on Friday, hitting $51.735. The company had a trading volume of 6,833,188 shares. Moreover, Caisse De Depot Et Placement Du Quebec has 0% invested in Nike Inc (NYSE:NKE) for 12,387 shares. The company has a 50-day moving average price of $54.89 and a 200-day moving average price of $53.84.
Nike Inc (NYSE:NKE) have shown a high EPS growth of 14.10% in the last 5 years and has earnings growth of 23.70% yoy.
Analysts await Nike Inc (NYSE:NKE) to report earnings on June, 27. The business had revenue of $8.43 billion during the quarter, compared to analyst estimates of $8.47 billion. Select Equity Lp reported 0% in Nike Inc (NYSE:NKE). The business's quarterly revenue was up 5.0% compared to the same quarter a year ago. They expect $0.49 EPS, 0.00% or $0.00 from last year's $0.49 per share.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. Clinton Group has 5,470 shares for 0.02% of their portfolio.
The stock increased 0.62% or $0.01 on May 18, reaching $1.18. Nike's dividend payout ratio is 31.72%.
In related news, Director John R. Thompson, Jr. sold 14,000 shares of Nike stock in a transaction dated Thursday, April 20th. Following the sale, the chief accounting officer now owns 270,795 shares in the company, valued at $15,164,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Eric D. Sprunk sold 50,000 shares of the company's stock in a transaction that occurred on Friday, March 24th. The shares were acquired at an average cost of $56.30 per share, for a total transaction of $56,300.00. Insiders sold 379,000 shares of company stock valued at $21,213,800 over the last ninety days. The disclosure for this purchase can be found here. That suggests something of the likelihood of a short squeeze in shares of NKE.
Addenda Capital Inc decreased Advantage Oil & Gas Ltd (NYSE:AAV) stake by 64,820 shares to 1.38M valued at $9.39M in 2016Q4. Accredited Investors Inc. now owns 4,167 shares of the footwear maker's stock valued at $232,000 after buying an additional 19 shares during the period. Altfest L J & Co. Previously Nike Inc (NYSE:NKE) reported $0.68 earnings per share (EPS) for the quarter on 3/21/2017 After Market Close, beating the consensus estimate of $0.52 by $0.16 with surprise factor of 30.77%. Stillwater Investment Management LLC now owns 37,813 shares of the footwear maker's stock worth $2,107,000 after buying an additional 1,677 shares in the last quarter. Bank Of America Corp De owns 156 shares or 0% of their United States portfolio. Montecito Bank & Trust now owns 7,200 shares of the footwear maker's stock worth $402,000 after buying an additional 24 shares during the period. Carmignac Gestion raised its stake in shares of Nike by 148.9% in the third quarter. Paragon Capital Management LLC now owns 197,558 shares of the footwear maker's stock worth $10,401,000 after buying an additional 5,595 shares during the last quarter. Carmignac Gestion now owns 5,259,454 shares of the footwear maker's stock worth $276,910,000 after buying an additional 3,146,536 shares during the last quarter. Moreover, Blackrock Fund Advisors has 0% invested in the company for 2,367 shares.
NIKE, Inc is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services.
Micronet Enertec Technologies, Inc. operates through Israel companies, which include Enertec Systems 2001 Ltd (Enertec), its subsidiary, and Micronet Ltd (Micronet), which develops, makes, integrates and markets rugged computers, tablets and computer systems and instruments for the commercial, defense and aerospace markets. Its portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse.
