Nike, Inc. Common Stock (NYSE:NKE).
September 28 investment analysts at Baird left the company rating at “Hold” and lowered the price target from $63.00 to $52.00. On September 28 Canaccord Genuity kept the stock rating at “Neutral” but lowered the price target to $55.00 from $63.00.
On September 28 the company was downgraded from “Outperform” to “Hold” in a statement from Brean Capital. September 28 investment analysts at FBR Capital maintained a company rating of “Neutral” but moved down the price target from $126.00 to $55.00.
September 28 investment analysts at Nomura held the stock rating at “Neutral” and moved down the price target to $55.00 from $85.00.
The company is unchanged from yesterday’s close of $55.34. Nike, Inc. Common Stock also recently declared a dividend for shareholders that will be paid on Mon Oct 3, 2016. The dividend will be $0.160 per share for the quarter or $0.64 annualized. This dividend represents a yield of $1.16. The ex-dividend date has been established as Thursday the 1st of September 2016.
Shares of the company are trading at $55.34 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 $-1.45 and the 200 day average went down by -3.47%.
Nike, Inc. Common Stock’s P/E ratio is 25.62 and the market cap of the company is 92.84B. As of the last earnings report the EPS was $2.16 and is projected to be $2.40 for the current year with 1,677,618,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.51 with next year’s EPS anticipated to be $2.75.