Nike, Inc. Common Stock (NYSE:NKE).
On September 28 Baird made no change to the company rating of “Hold” and lowered the price target from $63.00 to $52.00. September 28 investment analysts at Canaccord Genuity held the stock rating at “Neutral” and lowered the price expectation to $55.00 from $63.00.
September 28 investment analysts at FBR Capital left the company rating at “Neutral” but moved down the price target from $126.00 to $55.00. On September 28 the company was set at “Hold” in a report from Brean Capital down from the previous “Outperform” rating.
On September 28 Nomura left the stock rating at “Neutral” and moved down the price target from $85.00 to $55.00.
The company is now unchanged by 0.00 percent from yesterday’s close. Additionally the company announced a dividend for shareholders to 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 will be Thursday the 1st of September 2016.
It is currently trading at $55.34 which is marginally under $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 was down $-1.99.
The P/E ratio is currently 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 estimated to be $2.40 for the current year with 1,677,618,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.67 and the next full year EPS is anticipated to be $2.75.