Nike, Inc. Common Stock (NYSE:NKE).
On September 28 Barclays kept the company rating at “Overweight” but lowered the price expectation to $65.00 from $75.00. September 28 investment analysts at Credit Suisse held the stock rating at “Overweight” but raised the price target from $63.00 to $65.00.
On September 28 the company was downgraded to “Hold” from “Outperform” in an announcement from Brean Capital. On September 8 the company was rated “Neutral” in a report from PiperJaffray which is down from the previous “” rating.
On August 26, 2016 the stock rating was changed to a “Neutral” according to a B. Riley report a cut from the previous “Buy” rating.
The company is up from yesterday’s close of $54.4. Nike, Inc. Common Stock also recently declared a dividend that will be paid on Mon Oct 3, 2016. The dividend payment will be $0.160 per share for the quarter or $0.64 on an annualized basis. This dividend represents a yeild of $1.16 which is the dividend as a percentage of the current share price. The ex-dividend date will be Thursday September 1st, 2016.
Company shares last traded at $55.34 which is just a bit below $56.79, the 50 day moving average and just a bit lower than the 200 day moving average of $57.33. The 50 day moving average was down $-1.45 and the 200 day average moved down $-1.99.
The company’s P/E ratio is 25.62 and market cap is 92.84B. In the latest earnings report the EPS was $2.16 and is estimated to be $2.40 for the current year with 1,677,618,000 shares outstanding. Analysts expect next quarter’s EPS will be $0.51 and the next full year EPS is anticipated to be $2.75.