On Monday, Nike, Inc. (NYSE: NKE) opened lower -1.41% from the last session, before settling in for the closing price of $80.63. Price fluctuations for NKE have ranged from $70.75 to $123.39 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 5.90%. Company’s average yearly earnings per share was noted -21.49% at the time writing. With a float of $1.18 billion, this company’s outstanding shares have now reached $1.21 billion.
The extent of productivity of a business whose workforce counts for 79400 workers is very important to gauge. In terms of profitability, gross margin is 44.56%, operating margin of 12.36%, and the pretax margin is 13.04%.
Nike, Inc. (NKE) Insider Updates
A key investor’s attitude towards the stock of the Footwear & Accessories industry is another important factor to consider. The insider ownership of Nike, Inc. is 21.19%, while institutional ownership is 67.28%. The most recent insider transaction that took place on Aug 14 ’24, was worth 4,093,986. In this transaction EXECUTIVE CHAIRMAN of this company sold 52,487 shares at a rate of $78.00, taking the stock ownership to the 1,031,226 shares. Before that another transaction happened on Aug 14 ’24, when Company’s Officer proposed sale 52,487 for $78.00, making the entire transaction worth $4,093,986.
Nike, Inc. (NKE) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -21.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.84% during the next five years compared to 8.40% growth over the previous five years of trading.
Nike, Inc. (NYSE: NKE) Trading Performance Indicators
Check out the current performance indicators for Nike, Inc. (NKE). In the past quarter, the stock posted a quick ratio of 1.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.32. Likewise, its price to free cash flow for the trailing twelve months is 18.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.73, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 3.52 in one year’s time.
Technical Analysis of Nike, Inc. (NKE)
The latest stats from [Nike, Inc., NKE] show that its last 5-days average volume of 9.42 million was inferior to 11.39 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.74%. Additionally, its Average True Range was 1.83.
During the past 100 days, Nike, Inc.’s (NKE) raw stochastic average was set at 32.03%, which indicates a significant increase from 7.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.26% in the past 14 days, which was lower than the 42.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.86, while its 200-day Moving Average is $94.54. Now, the first resistance to watch is $81.04. This is followed by the second major resistance level at $82.59. The third major resistance level sits at $83.61. If the price goes on to break the first support level at $78.48, it is likely to go to the next support level at $77.46. Assuming the price breaks the second support level, the third support level stands at $75.91.
Nike, Inc. (NYSE: NKE) Key Stats
There are currently 1,509,359K shares outstanding in the company with a market cap of 119.19 billion. Presently, the company’s annual sales total 51,362 M according to its annual income of 5,700 M. Last quarter, the company’s sales amounted to 12,606 M and its income totaled 1,500 M.
