Nike, Inc. (NYSE: NKE) open the trading on Wednesday, with great promise as it jumped 0.66% to $94.64, before settling in for the price of $94.02 at the close. Taking a more long-term approach, NKE posted a 52-week range of $88.66-$128.68.
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The company of the Consumer Cyclical sector’s yearbook sales growth during the past 5- year span was recorded 7.34%. Meanwhile, its Annual Earning per share during the time was 22.52%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.53%. This publicly-traded company’s shares outstanding now amounts to $1.23 billion, simultaneously with a float of $1.17 billion. The organization now has a market capitalization sitting at $142.86 billion. At the time of writing, stock’s 50-day Moving Average stood at $97.67, while the 200-day Moving Average is $102.92.
Nike, Inc. (NKE) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Footwear & Accessories industry. Nike, Inc.’s current insider ownership accounts for 22.45%, in contrast to 67.92% institutional ownership. According to the most recent insider trade that took place on Feb 14 ’24, this organization’s EXECUTIVE CHAIRMAN sold 168,378 shares at the rate of 105.00, making the entire transaction reach 17,679,690 in total value, affecting insider ownership by 1,178,845. Preceding that transaction, on Dec 11 ’23, Company’s EVP: CHRO sold 10,000 for 119.00, making the whole transaction’s value amount to 1,190,000. This particular insider is now the holder of 44,736 in total.
Nike, Inc. (NKE) Earnings and Revenue Records
Nike, Inc.’s EPS increase for this current 12-month fiscal period is 14.53% and is forecasted to reach 3.95 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 13.43% through the next 5 years, which can be compared against the 22.52% growth it accomplished over the previous five years trading on the market.
Nike, Inc. (NYSE: NKE) Trading Performance Indicators
Let’s observe the current performance indicators for Nike, Inc. (NKE). It’s Quick Ratio in the last reported quarter now stands at 1.89. The Stock has managed to achieve an average true range (ATR) of 1.83. Alongside those numbers, its PE Ratio stands at $27.84, and its Beta score is 1.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.77. Similarly, its price to free cash flow for trailing twelve months is now 23.06.
In the same vein, NKE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.40, a figure that is expected to reach 0.85 in the next quarter, and analysts are predicting that it will be 3.95 at the market close of one year from today.
Technical Analysis of Nike, Inc. (NKE)
[Nike, Inc., NKE] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 66.98% While, its Average True Range was 1.69.
Raw Stochastic average of Nike, Inc. (NKE) in the period of the previous 100 days is set at 16.95%, which indicates a major fall in contrast to 78.79% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 20.28% that was lower than 30.99% volatility it exhibited in the past 100-days period.
