Nike, Inc. (NYSE: NKE) kicked off on Monday, up 0.08% from the previous trading day, before settling in for the closing price of $78.85. Over the past 52 weeks, NKE has traded in a range of $70.75-$123.39.
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Consumer Cyclical Sector giant saw their annual sales surged by 5.90% over the last five years. While this was happening, its average annual earnings per share was recorded -30.41%. With a float of $1.17 billion, this company’s outstanding shares have now reached $1.21 billion.
The firm has a total of 79400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 44.84%, operating margin of 11.91%, and the pretax margin is 12.71%.
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 21.36%, while institutional ownership is 66.44%. 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) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 8/31/2024, the organization reported 1.03 earnings per share (EPS), higher than consensus estimate (set at 0.85) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -30.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% during the next five years compared to 8.40% 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 1.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.35. Likewise, its price to free cash flow for the trailing twelve months is 16.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.49, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 3.21 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 7.6 million was lower than the volume posted last year of 11.58 million. As of the previous 9 days, the stock’s Stochastic %D was 3.90%. Additionally, its Average True Range was 1.70.
During the past 100 days, Nike, Inc.’s (NKE) raw stochastic average was set at 29.90%, which indicates a significant increase from 6.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.01% in the past 14 days, which was lower than the 44.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.62, while its 200-day Moving Average is $89.43. Now, the first resistance to watch is $79.43. This is followed by the second major resistance level at $79.94. The third major resistance level sits at $80.25. If the price goes on to break the first support level at $78.61, it is likely to go to the next support level at $78.30. Now, if the price goes above the second support level, the third support stands at $77.79.
Nike, Inc. (NYSE: NKE) Key Stats
The company with the Market Capitalisation of 117.47 billion has total of 1,509,359K Shares Outstanding. Its annual sales at the moment are 51,362 M in contrast with the sum of 5,700 M annual income. Company’s last quarter sales were recorded 11,589 M and last quarter income was 1,051 M.
