Nike, Inc. Common Stock (NYSE:NKE).
September 28 investment analysts at Goldman Sachs left the company rating at “Neutral” but lowered the price expectation to $55.00 from $63.00. On September 28 JP Morgan made no change to the company rating of “Neutral” and moved down the price target from $63.00 to $55.00.
On September 28 Citigroup kept the stock rating at “Overweight” and raised the price expectation from $63.00 to $65.00. September 28 investment analysts at Stifel Nicolaus maintained a company rating of “Neutral” and lowered the price target from $63.00 to $55.00.
September 28 investment analysts at Barclays held the company rating at “Overweight” but lowered the price target to $65.00 from $75.00.
The company is so far trading down by -1.08 percent from yesterday’s close. Additionally Nike, Inc. Common Stock recently declared a dividend that will be paid on Monday October 3rd, 2016. The dividend payment will be $0.160 per share for the quarter or $0.64 on an annualized basis. The dividend yield will be $1.16. The ex-dividend date is Thursday the 1st of September 2016.
Shares are trading at $54.74 which is slightly below the 50 day moving average of $56.79 and which is marginally under the 200 day moving average of $57.33. The 50 day moving average moved down $-1.45 and the 200 day average went down $-1.99 or -3.47%.
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 outstanding. Next quarter’s EPS is forecasted at $0.67 with next year’s EPS projected to be $2.75.