Nike, Inc. Common Stock (NYSE:NKE).
September 28 investment analysts at Baird held the company rating at “Hold” and moved down the price target to $52.00 from $63.00. On September 28 Canaccord Genuity maintained a company rating of “Neutral” and lowered the price expectation from $63.00 to $55.00.
On September 28 the company was set at “Hold” according to a Brean Capital report a cut from the previous “Outperform” rating. On September 28 FBR Capital made no change to the company rating of “Neutral” but lowered the price target to $55.00 from $126.00.
September 28 investment analysts at UBS made no change to the stock rating of “Buy” and raised the price target from $63.00 to $67.00.
The company is down by -1.55% since yesterday’s close of $55.34. Nike, Inc. Common Stock recently declared a dividend to be paid on Monday October 3rd, 2016. The dividend will be $0.160 per share for the quarter which is $0.64 annualized. The dividend yield will be $1.16. The ex-dividend date is set for Thursday the 1st of September 2016.
Shares of the company are trading at $54.48 marginally under the 50 day moving average which is $56.79 and which is marginally lower than the 200 day moving average of $57.33. The 50 day moving average went down by -4.017% whereas the 200 day average was down by -4.924%.
The company’s P/E ratio is 25.234 and the market cap is 91.44B. 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 with next year’s EPS anticipated to be $2.75.