Nike, Inc (NYSE:NKE) currently has a daily average trading volume of 13.19M but it saw 21218492 shares traded in last market. With a market cap of 106.29B USD, the company’s current market price of $71.86 came falling about -1.55 while comparing to the previous closing price of $72.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $101.92 and as low as $68.62. In the recent trading on the day, stock has struck highest price mark of $71.52 while lowest mark touched by it was $73.65.
Taking a look at 20-day trading activity of Nike, Inc (NKE) gives us an average price of $76.46, while its current price level is -29.49% below from 52-week high level whereas it is 4.72% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $74.75 while that of 200 days or SMA-200 reads an average of $78.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.46% during that period while stretching the period over a month that increases to 2.66%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.93 which implies that the stock is in neutral territory.
Jefferies upgraded its recommendation for the stock as a “Buy” from “Hold” on February 24, 2025 while assigning a price target range of $75-$115. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $102 and $72.
Over the week, NKE’s stock price is moving -1.07% down while it is -6.41% when we observe its performance for the past one month. Year-to-date it is -5.04% down and over the past year, the stock is showing a downside performance of -27.22%.
The company is expected to be releasing its next quarterly report on 2025-Mar-19, for which analysts forecasted an EPS of 0.28 while estimate for next year EPS is 2.07. In next quarter, company is expected to be making quarterly sales of $11.1B as analysts are expecting the sales for current fiscal year at $46.04B and seeing the company making $46.52B in sales next year. Moreover, analysts are in estimates of $11.07B for current-quarter revenue.
Currently, Nike, Inc’s total number of outstanding shares is 1.18B with 1.70% of that held by the insiders while 82.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 19.88% and return on equity (ROE) at 34.67%. It has a price to earnings ratio (P/E ratio) of 22.20 while having a 30.76 of forward P/E ratio. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 7.59 while price to sale or P/S ratio amounts to 2.17. Its return on asset (ROA) is 13.00% on average.
