Nike, Inc. Common Stock (NYSE:NKE).
On September 28 DA Davidson left the stock rating at “Neutral” and moved down the price target from $63.00 to $55.00. September 28 investment analysts at Goldman Sachs held the stock rating at “Neutral” but lowered the price target to $55.00 from $63.00.
September 28 investment analysts at Citigroup held the company rating at “Overweight” but moved up the price target to $65.00 from $63.00. September 28 investment analysts at JP Morgan made no change to the stock rating of “Neutral” and lowered the price target to $55.00 from $63.00.
On September 28 Barclays made no change to the company rating of “Overweight” and lowered the price expectation from $75.00 to $65.00.
In the market the company is trading unchanged since yesterday’s close of $55.34. The company also recently announced a dividend for shareholders to be paid on Monday the 3rd of October 2016. The dividend payment 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 Thursday September 1st, 2016.
Shares last traded at $55.34 which is just a bit below the 50 day moving average which is $56.79 and just a bit lower than the 200 day moving average of $57.33. The 50 day moving average went down $-1.45 or -2.55% whereas the 200 day moving average was down $-1.99 or -3.47%.
Nike, Inc. Common Stock currently has a P/E ratio of 25.62 and the market cap is 92.84B. As of 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 presently outstanding. Next quarter’s EPS is estimated at $0.51 with next year’s EPS anticipated to be $2.75.