Nike, Inc. Common Stock (NYSE:NKE).
September 28 investment analysts at JP Morgan kept the stock rating at “Neutral” and lowered the price expectation from $63.00 to $55.00. On September 28 Barclays held the stock rating at “Overweight” but moved down the price target to $65.00 from $75.00.
September 28 investment analysts at Stifel Nicolaus kept the company rating at “Neutral” but lowered the price expectation to $55.00 from $63.00. On September 28 Credit Suisse made no change to the stock rating of “Overweight” but raised the price target to $65.00 from $63.00.
On September 28 Baird held the company rating at “Hold” and lowered the price target to $52.00 from $63.00.
The company is trading down by -1.12% since yesterday’s close of $55.34. Nike, Inc. Common Stock recently announced a dividend that will be paid on Monday the 3rd of October 2016. The dividend will be $0.160 per share for the quarter or $0.64 on an annualized basis. This dividend amount will represent a yeild of $1.16. The ex-dividend date has been established as Thursday the 1st of September 2016.
Shares are trading at $54.72 which is just a bit below $56.79, the stock’s 50 day moving average and barely below the 200 day moving average of $57.33. The 50 day moving average was down $-2.04 and the 200 day average moved down $-2.58.
The P/E ratio is currently 25.35 and market capitalization is 91.85B. In the last earnings report the EPS was $2.16 and is estimated to be $2.40 for the current year with 1,677,618,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $0.67 and the next full year EPS is projected to be $2.75.