Nike, Inc. Common Stock (NYSE:NKE).
September 28 investment analysts at FBR Capital maintained a stock rating of “Neutral” and lowered the price target to $55.00 from $126.00. On September 28, 2016 the stock rating was set at “Hold” in a report from Brean Capital a cut from the previous “Outperform” rating.
On September 28 Nomura kept the stock rating at “Neutral” but moved down the price target from $85.00 to $55.00. On September 28 Bank of America held the stock rating at “Neutral” but lowered the price expectation to $55.00 from $60.00.
September 28 investment analysts at DA Davidson made no change to the stock rating of “Neutral” but lowered the price target to $55.00 from $63.00.
The company is trading unchanged by 0.00 percent from yesterday’s close. Additionally the company recently announced a dividend to be paid on Monday October 3rd, 2016. The dividend payment will be $0.160 per share for the quarter which is $0.64 annualized. This dividend represents a yield of $1.16. The ex-dividend date is Thursday the 1st of September 2016.
It is currently trading at $55.34 which is just under $56.79, the 50 day moving average and slightly below the 200 day moving average of $57.33. The 50 day moving average was down by -2.55% and the 200 day average moved down $-1.99.
The most current 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 currently outstanding. Next quarter’s EPS is forecasted at $0.51 with next year’s EPS projected to be $2.75.