In the last trading session, 8.53 million shares of the Nike, Inc. (NYSE:NKE) were traded, and its beta was 1.06. Most recently the company’s share price was $94.19, and it changed around -$0.34 or -0.36% from the last close, which brings the market valuation of the company to $142.18B. NKE currently trades at a discount to its 52-week high of $128.68, offering almost -36.62% off that amount. The share price’s 52-week low was $88.66, which indicates that the current value has risen by an impressive 5.87% since then. We note from Nike, Inc.’s average daily trading volume that its 3-month average coming to 9.78 million.
Nike, Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 2.08. If we narrow it down even further, the data shows that 1 out of 37 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 17 recommended NKE as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight. Nike, Inc. is expected to report earnings per share of $NextEra Energy, Inc. for the current quarter.
Nike, Inc. (NYSE:NKE) trade information
Instantly NKE has showed a red trend with a performance of -0.36% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -13.24% year-to-date, but still up 1.17% over the last five days. On the other hand, Nike, Inc. (NYSE:NKE) is -6.58% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $125.48, which translates to bulls needing to increase their stock price by 24.94% from its current value. Analyst projections state that NKE is forecast to be at a low of $51 and a high of $185.
Nike, Inc. (NKE) estimates and forecasts
Nike, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -8.60 percent over the past six months and at a 15.48% annual growth rate that is well above the industry average of 8.90%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 22.52%. Nike, Inc. earnings are expected to increase by 14.53% in 2024, but the outlook is positive 13.43% per year for the next five years.
NKE Dividends
Nike, Inc.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 1.51 percent and its annual dividend per share was 1.42. It is important to note, however, that the 1.51% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
