NIKE, Inc. (NYSE:NKE) will report its next earnings on Mar 20 – Mar 24 (Est.). The company reported the earnings of $0.5/Share in the last quarter where the estimated EPS by analysts was $0.43/share. The difference between the expected and actual EPS was $0.07/share, which represents an Earnings surprise of 16.3%.
Many analysts are providing their Estimated Earnings analysis for NIKE, Inc. and for the current quarter 32 analysts have projected that the stock could give an Average Earnings estimate of $0.53/share. These analysts have also projected a Low Estimate of $0.48/share and a High Estimate of $0.58/share.
In case of Revenue Estimates, 29 analysts have provided their consensus Average Revenue Estimates for NIKE, Inc. as 8.46 Billion. According to these analysts, the Low Revenue Estimate for NIKE, Inc. is 8.32 Billion and the High Revenue Estimate is 8.6 Billion. The company had Year Ago Sales of 8.03 Billion.
These analysts also forecasted Growth Estimates for the Current Quarter for NKE to be -3.6%. They are projecting Next Quarter growth of 18.4%. For the next 5 years, NIKE, Inc. is expecting Growth of 12.09% per annum, whereas in the past 5 years the growth was 17.38% per annum.
Some buy side analysts are also providing their Analysis on NIKE, Inc., where 8 analysts have rated the stock as Strong buy, 13 analysts have given a Buy signal, 12 said it’s a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 30 Analysts reported that the Price Target for NIKE, Inc. might touch $100 high while the Average Price Target and Low price Target is $61.9 and $46 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. NIKE, Inc. got Initiated on 19-Jan-17 where investment firm Atlantic Equities Initiated the stock to Overweight.
NIKE, Inc. closed its last trading session at $53.27 with the loss of -0.64%. The Market Capitalization of the company stands at 86.71 Billion. The Company has 52-week high of $65.44 and 52-week low of $49.01. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 1.14% where SMA50 and SMA200 are 2.75% and -2.84% respectively. The Company Touched its 52-Week High on Mar 22, 2016 and 52-Week Low on Nov 2, 2016.
The Relative Volume of the company is 0.9 and Average Volume (3 months) is 9.22 million. NIKE, Inc. P/E (price to earnings) ratio is 23.36 and Forward P/E ratio of 20.07.
The company shows its Return on Assets (ROA) value of 18%. The Return on Equity (ROE) value stands at 31.7%. While it’s Return on Investment (ROI) value is 25.5%.
While looking at the Stock’s Performance, NIKE, Inc. currently shows a Weekly Performance of 0.46%, where Monthly Performance is 3.95%, Quarterly performance is 3.71%, 6 Months performance is -7.78% and yearly performance percentage is -9.28%. Year to Date performance value (YTD perf) value is 4.13%. The Stock currently has a Weekly Volatility of 1.61% and Monthly Volatility of 1.67%.