Analysts See $0.39 EPS for NIKE, Inc. (NKE)

December 8, 2017 - By Adrian Erickson

 Analysts See $0.39 EPS for NIKE, Inc. (NKE)
Investors sentiment decreased to 1 in 2017 Q2. Its down 0.07, from 1.07 in 2017Q1. It worsened, as 82 investors sold NIKE, Inc. shares while 439 reduced holdings. 110 funds opened positions while 410 raised stakes. 994.42 million shares or 3.48% less from 1.03 billion shares in 2017Q1 were reported.
Reynders Mcveigh Cap Management Limited Liability holds 1.23% or 155,394 shares. Avalon Advisors Lc stated it has 0.16% of its portfolio in NIKE, Inc. (NYSE:NKE). Stack Financial Mgmt reported 237,060 shares or 1.45% of all its holdings. Highbridge Capital Management Ltd Co invested in 60,017 shares or 0.05% of the stock. Lansdowne Ptnrs (Uk) Llp holds 0.91% or 1.77 million shares in its portfolio. Gamco Invsts Inc Et Al has invested 0.01% of its portfolio in NIKE, Inc. (NYSE:NKE). Chicago Equity Prtn Ltd Liability owns 0.22% invested in NIKE, Inc. (NYSE:NKE) for 141,285 shares. Jpmorgan Chase holds 0.2% in NIKE, Inc. (NYSE:NKE) or 15.01M shares. Crestpoint Capital Mngmt Limited Liability Corp accumulated 0.56% or 20,200 shares. Ubs Asset Mgmt Americas has 5.67M shares for 0% of their portfolio. Alberta – Canada-based Mawer Inv Limited has invested 0.54% in NIKE, Inc. (NYSE:NKE). Leavell Inv Inc reported 82,612 shares or 0.62% of all its holdings. California Public Employees Retirement stated it has 3.01 million shares or 0.28% of all its holdings. Bb&T holds 46,743 shares. 75 are owned by Redwood Limited Liability Corp.

Analysts expect NIKE, Inc. (NYSE:NKE) to report $0.39 EPS on December, 19.They anticipate $0.11 EPS change or 22.00 % from last quarter’s $0.5 EPS. NKE’s profit would be $636.29 million giving it 38.85 P/E if the $0.39 EPS is correct. After having $0.57 EPS previously, NIKE, Inc.’s analysts see -31.58 % EPS growth. The stock increased 1.47% or $0.88 during the last trading session, reaching $60.6. About 6.11 million shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since December 8, 2016 and is downtrending. It has underperformed by 25.94% the S&P500.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

Among 44 analysts covering Nike Inc. (NYSE:NKE), 23 have Buy rating, 2 Sell and 19 Hold. Therefore 52% are positive. Nike Inc. had 196 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Wednesday, September 28 by Morgan Stanley. The stock of NIKE, Inc. (NYSE:NKE) has “Mkt Perform” rating given on Wednesday, September 28 by FBR Capital. The firm has “Underperform” rating by CLSA given on Thursday, January 19. The stock of NIKE, Inc. (NYSE:NKE) earned “Hold” rating by HSBC on Tuesday, November 28. The stock of NIKE, Inc. (NYSE:NKE) earned “Buy” rating by M Partners on Thursday, March 23. Goldman Sachs maintained it with “Buy” rating and $66 target in Wednesday, June 29 report. On Wednesday, June 29 the stock rating was maintained by Stifel Nicolaus with “Buy”. Susquehanna upgraded it to “Positive” rating and $122 target in Wednesday, August 26 report. The firm has “Buy” rating by S&P Research given on Monday, September 28. Morgan Stanley upgraded the stock to “Overweight” rating in Thursday, July 20 report.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company has market cap of $98.87 billion. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, menÂ’s training, womenÂ’s training, action sports, sportswear, and golf. It has a 25.8 P/E ratio. The firm also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities.

More notable recent NIKE, Inc. (NYSE:NKE) news were published by: Businesswire.com which released: “NIKE, Inc. Announces Second Quarter Fiscal 2018 Earnings and Conference Call” on November 30, 2017, also Investorplace.com with their article: “Nike Inc Stock Is Set to Rise Big Thanks to the NBA” published on November 10, 2017, Seekingalpha.com published: “Nike – This Is A Good Sign” on December 07, 2017. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Bizjournals.com and their article: “Adidas files for review of Nike patent for FlyKnit technology” published on November 30, 2017 as well as Investorplace.com‘s news article titled: “Nike Inc Stock Is Back to Its Winning Ways, so Don’t Sell Just Yet” with publication date: December 06, 2017.

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