Nike, Inc. Common Stock (NYSE:NKE).
On September 28 Goldman Sachs held the stock rating at “Neutral” but lowered the price expectation from $63.00 to $55.00. September 28 investment analysts at Citigroup maintained a stock rating of “Overweight” but moved up the price target to $65.00 from $63.00.
September 28 investment analysts at JP Morgan kept the company rating at “Neutral” and moved down the price target from $63.00 to $55.00. September 28 investment analysts at Barclays made no change to the company rating of “Overweight” but lowered the price target from $75.00 to $65.00.
September 28 investment analysts at Stifel Nicolaus made no change to the stock rating of “Neutral” and lowered the price target to $55.00 from $63.00.
The company is trading down from yesterday’s close of $55.34. Additionally Nike, Inc. Common Stock announced a dividend for shareholders that will be paid on Monday October 3rd, 2016. The dividend will be $0.160 per share for the quarter which is $0.64 annualized. This dividend amount will represent a yeild of $1.16. The ex-dividend date will be on Thursday September 1st, 2016.
Company chares are trading at $54.69 just below the 50 day moving average which is $56.79 and which is a tad under the 200 day moving average of $57.33. The 50 day moving average went down by -4.001% whereas the 200 day moving average was down $-2.81 or -4.908%.
Nike, Inc. Common Stock currently has a P/E ratio of 25.238 and market cap is 91.45B. As of the latest 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 expected be $0.67 with next year’s EPS projected to be $2.75.