A new trading day began on Tuesday, with Nike, Inc (NYSE: NKE) stock price down -2.08% from the previous day of trading, before settling in for the closing price of $79.26. NKE’s price has ranged from $70.75 to $123.39 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 5.90% over the last five years. Meanwhile, its annual earnings per share averaged -30.46%. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Footwear & Accessories Industry. The insider ownership of Nike, Inc is 21.36%, while institutional ownership is 64.99%. The most recent insider transaction that took place on Nov 14 ’24, was worth 3,463,362. In this transaction EXECUTIVE CHAIRMAN of this company sold 45,190 shares at a rate of $76.64, taking the stock ownership to the 967,659 shares. Before that another transaction happened on Nov 14 ’24, when Company’s Officer proposed sale 45,190 for $76.64, making the entire transaction worth $3,463,362.
Nike, Inc (NKE) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -30.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.50% during the next five years compared to 8.40% growth over the previous five years of trading.
Nike, Inc (NYSE: NKE) Trading Performance Indicators
Here are Nike, Inc’s current performance indicators. According to the last quarter’s results, the 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 2.31. Likewise, its price to free cash flow for the trailing twelve months is 16.02.
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 3.19 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 13.02 million was better than the volume posted last year of 11.53 million. As of the previous 9 days, the stock’s Stochastic %D was 85.03%. Additionally, its Average True Range was 1.74.
During the past 100 days, Nike, Inc’s (NKE) raw stochastic average was set at 34.52%, which indicates a significant decrease from 68.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.49% in the past 14 days, which was lower than the 28.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.44, while its 200-day Moving Average is $86.71. Now, the first resistance to watch is $78.48. This is followed by the second major resistance level at $79.35. The third major resistance level sits at $79.81. If the price goes on to break the first support level at $77.16, it is likely to go to the next support level at $76.70. Now, if the price goes above the second support level, the third support stands at $75.83.
Nike, Inc (NYSE: NKE) Key Stats
With a market capitalization of 115.53 billion, the company has a total of 1,499,359K Shares Outstanding. Currently, annual sales are 51,362 M while annual income is 5,700 M. The company’s previous quarter sales were 11,589 M while its latest quarter income was 1,051 M.
