Nike, Inc. Common Stock (NYSE:NKE).
September 28 investment analysts at Citigroup made no change to the company rating of “Overweight” and raised the price expectation from $63.00 to $65.00. On September 28 Barclays held the company rating at “Overweight” but lowered the price target to $65.00 from $75.00.
On September 28 Credit Suisse left the company rating at “Overweight” and raised the price target from $63.00 to $65.00. On September 28 the company was rated “Hold” according to a Brean Capital report a cut from the previous “Outperform” rating.
On September 28 FBR Capital made no change to the stock rating of “Neutral” and moved down the price target from $126.00 to $55.00.
The company is up from yesterday’s close of $54.4. Nike, Inc. Common Stock also announced a dividend payable on Monday October 3rd, 2016. The dividend will be $0.160 per share for the quarter or $0.64 annualized. This dividend represents a yield of $1.16. The ex-dividend date will be on Thursday the 1st of September 2016.
It is trading at $55.34 which is slightly below $56.79, the 50 day moving average and which is marginally lower than the 200 day moving average of $57.33. The 50 day moving average went down by -2.55% whereas the 200 day average was down by -3.47%.
Nike, Inc. Common Stock’s P/E ratio is 25.62 and market capitalization is 92.84B. As of the latest earnings report the EPS was $2.16 and is expected to be $2.40 for the current year with 1,677,618,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.51 with next year’s EPS anticipated to be $2.75.