Nike, Inc. Common Stock (NYSE:NKE).
September 28 investment analysts at Citigroup made no change to the stock rating of “Overweight” but moved up the price target from $63.00 to $65.00. On September 28 Barclays maintained a stock rating of “Overweight” but lowered the price expectation to $65.00 from $75.00.
On September 28 Credit Suisse kept the stock rating at “Overweight” but raised the price target from $63.00 to $65.00. On September 28 Baird held the company rating at “Hold” and moved down the price target to $52.00 from $63.00.
September 28 investment analysts at Canaccord Genuity made no change to the company rating of “Neutral” and lowered the price target to $55.00 from $63.00.
In the market the company is trading up by 1.73% since yesterday’s close of $54.4. The company also recently 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 which is $0.64 annualized. The dividend yield will be $1.16. The ex-dividend date will be on Thursday the 1st of September 2016.
Shares are trading at $55.34 which is marginally lower than $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 moved down $-1.45 whereas the 200 day moving average was down $-1.99 or -3.47%.
The most current P/E ratio is 25.62 and the market value 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 currently outstanding. Next quarter’s EPS is estimated at $0.51 with next year’s EPS projected to be $2.75.