Nike, Inc. Common Stock (NYSE:NKE).
September 28 investment analysts at DA Davidson kept the stock rating at “Neutral” but moved down the price target to $55.00 from $63.00. On September 28 Citigroup left the company rating at “Overweight” and moved up the price target from $63.00 to $65.00.
September 28 investment analysts at Barclays made no change to the stock rating of “Overweight” but lowered the price target from $75.00 to $65.00. On September 28 Credit Suisse made no change to the company rating of “Overweight” and raised the price target to $65.00 from $63.00.
September 28 investment analysts at Baird held the company rating at “Hold” but lowered the price expectation from $63.00 to $52.00.
The company is trading up since yesterday’s close of $54.4. Additionally Nike, Inc. Common Stock declared a dividend for shareholders that will be paid on Monday October 3rd, 2016. The dividend will be $0.160 per share for the quarter or $0.64 annualized. The dividend yield will be $1.16. The ex-dividend date will be Thursday September 1st, 2016.
Shares last traded at $55.34 just below the 50 day moving average of $56.79 and which is just a bit below the 200 day moving average of $57.33. The 50 day moving average went down $-1.45 or -2.55% and the 200 day average moved down $-1.99.
The company’s P/E ratio is 25.62 and the market cap is 92.84B. In the last earnings report the EPS was $2.16 and is expected to be $2.40 for the current year with 1,677,618,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.51 with next year’s EPS anticipated to be $2.75.