Nike, Inc. (NYSE: NKE) kicked off on Friday, down -1.26% from the previous trading day, before settling in for the closing price of $95.74. Over the past 52 weeks, NKE has traded in a range of $88.66-$128.68.
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Consumer Cyclical Sector giant saw their annual sales surged by 7.34% over the last five years. While this was happening, its average annual earnings per share was recorded 14.53%. With a float of $1.17 billion, this company’s outstanding shares have now reached $1.23 billion.
The firm has a total of 83700 workers. Let’s measure their productivity.
Nike, Inc. (NKE) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Footwear & Accessories Industry. The insider ownership of Nike, Inc. is 22.45%, while institutional ownership is 67.96%. The most recent insider transaction that took place on Feb 14 ’24, was worth 17,679,690. In this transaction EXECUTIVE CHAIRMAN of this company sold 168,378 shares at a rate of $105.00, taking the stock ownership to the 1,178,845 shares. Before that another transaction happened on Dec 11 ’23, when Company’s EVP: CHRO sold 10,000 for $119.00, making the entire transaction worth $1,190,000. This insider now owns 44,736 shares in total.
Nike, Inc. (NKE) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 64.30 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.43% during the next five years compared to 22.52% growth over the previous five years of trading.
Nike, Inc. (NYSE: NKE) Trading Performance Indicators
Take a look at Nike, Inc.’s (NKE) current performance indicators. Last quarter, stock had a quick ratio of 1.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.77. Likewise, its price to free cash flow for the trailing twelve months is 23.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.40, a number that is poised to hit 0.85 in the next quarter and is forecasted to reach 3.95 in one year’s time.
Technical Analysis of Nike, Inc. (NKE)
Analysing the last 5-days average volume posted by the [Nike, Inc., NKE], we can find that recorded value of 10.69 million was better than the volume posted last year of 9.61 million. As of the previous 9 days, the stock’s Stochastic %D was 90.57%. Additionally, its Average True Range was 2.02.
During the past 100 days, Nike, Inc.’s (NKE) raw stochastic average was set at 16.64%, which indicates a significant decrease from 77.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.41% in the past 14 days, which was lower than the 31.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.33, while its 200-day Moving Average is $103.08. Now, the first resistance to watch is $95.67. This is followed by the second major resistance level at $96.81. The third major resistance level sits at $97.40. If the price goes on to break the first support level at $93.94, it is likely to go to the next support level at $93.35. Now, if the price goes above the second support level, the third support stands at $92.21.
Nike, Inc. (NYSE: NKE) Key Stats
The company with the Market Capitalisation of 142.69 billion has total of 1,509,359K Shares Outstanding. Its annual sales at the moment are 51,217 M in contrast with the sum of 5,070 M annual income. Company’s last quarter sales were recorded 12,429 M and last quarter income was 1,172 M.
