On June, 28 The EPS for NIKE, Inc. (NKE) Expected At $0.64

June 27, 2018 - By Joshua Cleveland

NIKE, Inc. (NYSE:NKE) Corporate Logo
Big Money Sentiment decreased to 0.65 in Q1 2018. It has change of 0.09, from 2017Q4’s 0.74. The ratio turned negative due to NIKE, Inc. positioning: 64 sold and 515 reduced. 100 funds bought stakes and 277 increased stakes. Investors holded 1.01 billion in 2017Q4 but now own 997.42 million shares or 1.70% less.
Fred Alger Mngmt reported 7,799 shs. Addenda Capital has 0.82% invested in NIKE, Inc. (NYSE:NKE). Cipher Cap Lp accumulated 0.23% or 28,118 shs. King Luther Capital Management Corporation reported 0.36% of its capital in NIKE, Inc. (NYSE:NKE). Acadian Asset Ltd Liability Corp holds 0.01% or 21,534 shs. Sheets Smith Wealth Management has invested 1.91% in NIKE, Inc. (NYSE:NKE). Connor Clark & Lunn Invest Management stated it has 0.02% in NIKE, Inc. (NYSE:NKE). Torray Ltd Liability invested 1.61% in NIKE, Inc. (NYSE:NKE). Forte Cap Limited Co Adv holds 55,737 shs. Amarillo National Bank holds 0.31% of its capital in NIKE, Inc. (NYSE:NKE) for 8,812 shs. Quadrant Cap Management Ltd Llc has invested 1.73% in NIKE, Inc. (NYSE:NKE). Hightower Advsr Ltd Liability Com accumulated 0.23% or 405,168 shs. Griffin Asset reported 31,469 shs stake. 67,734 were reported by Kentucky Retirement System. Newman Dignan & Sheerar Incorporated accumulated 0.23% or 6,720 shs.

NIKE, Inc. registered $56.97 million net activity with 0 buys and 10 sales since January 2, 2018. On Friday, January 5 $4.75 million worth of stock was sold by Slusher John F. On Monday, June 4 the insider PARKER MARK G sold $9.86M. $6.85M worth of NIKE, Inc. (NYSE:NKE) shs were sold by EDWARDS TREVOR A. The insider Matheson Monique S. sold $1.28M.

NIKE, Inc. (NYSE:NKE) is awaited to reveal earnings on June, 28 after the close., according to Faxor. Last year’s earnings per share was $0.6, while now analysts expect change of 6.67 % up from current $0.64 earnings per share. The profit will be $1.03 billion for NKE if $0.64 earnings per share becomes true. Analysts at Wall Street see NIKE, Inc.’s -5.88 % negative EPS growth compared to $0.68 earnings per share for last quarter. The stock increased 0.32% or $0.23 during the last trading session, touching $72.58.NIKE, Inc. has 7.07M shares volume, 6.81% up from normal. NKE is uptrending and has moved 38.01% since June 27, 2017. NKE outperformed the S&P 500 by 25.44%.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

In total 20 analysts cover Nike (NYSE:NKE). “Buy” rating has 10, “Sell” are 0, while 10 are “Hold”. 50% are bullish. With $87 highest and $60.0 lowest price target Nike has $74.50 average price target or 2.65% above the current ($72.58) price. 30 are the (NYSE:NKE)’s analyst reports since January 5, 2018 according to StockzIntelligence Inc. On Sunday, January 7 Canaccord Genuity maintained NIKE, Inc. (NYSE:NKE) rating. Canaccord Genuity has “Hold” rating and $60.0 target. On Friday, March 23 the stock of NIKE, Inc. (NYSE:NKE) earned “Hold” rating by Canaccord Genuity. On Friday, March 23 the stock of NIKE, Inc. (NYSE:NKE) has “Buy” rating given by Deutsche Bank. On Wednesday, June 20 the firm has “Buy” rating given by Stifel Nicolaus. On Wednesday, January 31 the stock has “Hold” rating by Cowen & Co. In Thursday, January 11 report Cowen & Co maintained the stock with “Hold” rating. On Friday, March 23 the rating was maintained by Nomura with “Buy”. On Friday, June 22 the company was downgraded by Buckingham Research. On Thursday, April 19 the firm earned “Buy” rating by Robert W. Baird. On Friday, March 23 the firm has “Neutral” rating given by B. Riley & Co.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide.The company has $116.98 billion market cap. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, menÂ’s training, womenÂ’s training, action sports, sportswear, and golf.67.08 is the P/E ratio. The firm also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities.

For more NIKE, Inc. (NYSE:NKE) news posted recently go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, 247Wallst.com or Seekingalpha.com. The titles are as follows: “It’s Earnings Season And Nike Investors Should Be Worried” posted on June 25, 2018, “Can Amazon Save Nike?” on June 21, 2018, “Is It Time To Sell Nike?” with a publish date: June 15, 2018, “What to Expect When Nike Reports Thursday” and the last “Stocks To Watch: More Trade Tiffs And Stress Tests” with publication date: June 23, 2018.

NIKE, Inc. (NYSE:NKE) Institutional Investors Chart

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