Nike, Inc. (NYSE: NKE) flaunted slowness of -1.20% at $82.10, before settling in for the price of $83.10 at the close. Taking a more long-term approach, NKE posted a 52-week range of $70.75-$123.39.
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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 5.90%. Meanwhile, its Annual Earning per share during the time was 8.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -28.71%. This publicly-traded company’s shares outstanding now amounts to $1.21 billion, simultaneously with a float of $1.18 billion. The organization now has a market capitalization sitting at $123.11 billion. At the time of writing, stock’s 50-day Moving Average stood at $80.47, while the 200-day Moving Average is $91.81.
Nike, Inc. (NKE) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Nike, Inc. industry. Nike, Inc.’s current insider ownership accounts for 21.19%, in contrast to 66.26% institutional ownership. According to the most recent insider trade that took place on Aug 14 ’24, this organization’s EXECUTIVE CHAIRMAN sold 52,487 shares at the rate of 78.00, making the entire transaction reach 4,093,986 in total value, affecting insider ownership by 1,031,226.
Nike, Inc. (NKE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
Nike, Inc.’s EPS decrease for this current 12-month fiscal period is -28.71% and is forecasted to reach 3.24 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.35% through the next 5 years, which can be compared against the 8.40% 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 1.58. The Stock has managed to achieve an average true range (ATR) of 2.32. Alongside those numbers, its PE Ratio stands at $23.55, and its Beta score is 1.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.46. Similarly, its price to free cash flow for trailing twelve months is now 18.60.
In the same vein, NKE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.49, a figure that is expected to reach 0.68 in the next quarter, and analysts are predicting that it will be 3.24 at the market close of one year from today.
Technical Analysis of Nike, Inc. (NKE)
Now, what If we examine the latest scores posted by [Nike, Inc., NKE]. During the last 5-days, its volume was better the volume of 11.79 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 34.69% While, its Average True Range was 2.51.
Raw Stochastic average of Nike, Inc. (NKE) in the period of the previous 100 days is set at 41.59%, which indicates a major rise in contrast to 28.59% 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 42.94% that was lower than 44.80% volatility it exhibited in the past 100-days period.
