Nike, Inc (NYSE: NKE) kicked off on Friday, up 0.55% from the previous trading day, before settling in for the closing price of $78.34. Over the past 52 weeks, NKE has traded in a range of $70.75-$123.39.
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A company in the Consumer Cyclical sector has jumped its sales by 5.90% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -30.46%. With a float of $1.17 billion, this company’s outstanding shares have now reached $1.21 billion.
In an organization with 79400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 44.84%, operating margin of 11.91%, and the pretax margin is 12.71%.
Nike, Inc (NKE) Insider Updates
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 65.01%. 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) Performance Highlights and Predictions
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 10.00% 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 2.36. Likewise, its price to free cash flow for the trailing twelve months is 16.35.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 11.18 million. That was inferior than the volume of 11.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 80.75%. Additionally, its Average True Range was 1.68.
During the past 100 days, Nike, Inc’s (NKE) raw stochastic average was set at 40.36%, which indicates a significant decrease from 84.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.54% in the past 14 days, which was lower than the 28.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.34, while its 200-day Moving Average is $86.44. However, in the short run, Nike, Inc’s stock first resistance to watch stands at $79.29. Second resistance stands at $79.81. The third major resistance level sits at $80.44. If the price goes on to break the first support level at $78.14, it is likely to go to the next support level at $77.51. Assuming the price breaks the second support level, the third support level stands at $76.99.
Nike, Inc (NYSE: NKE) Key Stats
The company with the Market Capitalisation of 117.90 billion has total of 1,499,359K 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.
