Analysts See $0.61 EPS for NIKE, Inc. (NKE)

September 8, 2018 - By Ash Maslow

NIKE, Inc. (NYSE:NKE) LogoInvestors sentiment decreased to 0.65 in Q1 2018. Its down 0.09, from 0.74 in 2017Q4. It fall, as 64 investors sold NIKE, Inc. shares while 515 reduced holdings. 100 funds opened positions while 277 raised stakes. 997.42 million shares or 1.70% less from 1.01 billion shares in 2017Q4 were reported.
Moreover, Carroll Assoc has 0.07% invested in NIKE, Inc. (NYSE:NKE) for 9,440 shares. Quantitative Investment Management Limited Liability Company reported 0.48% stake. Fulton Breakefield Broenniman Limited Liability Company stated it has 0.71% of its portfolio in NIKE, Inc. (NYSE:NKE). Prentiss Smith Communications Inc holds 0.02% or 475 shares. Rockland Trust reported 149,188 shares. Ledyard Financial Bank reported 1.07% stake. Bkd Wealth Lc holds 0.04% or 6,996 shares in its portfolio. Logan Capital Mngmt Inc stated it has 0.57% of its portfolio in NIKE, Inc. (NYSE:NKE). Panagora Asset Management Inc holds 40,869 shares or 0.01% of its portfolio. Moreover, Wealth Architects Ltd Liability Co has 0.08% invested in NIKE, Inc. (NYSE:NKE). Colony Group Ltd holds 9,227 shares or 0.03% of its portfolio. Sit Inv Assocs invested 0.01% of its portfolio in NIKE, Inc. (NYSE:NKE). Virginia-based Wealthcare has invested 0% in NIKE, Inc. (NYSE:NKE). Monroe Bank & Mi owns 3,621 shares. Moreover, Mitchell Mngmt Comm has 2.17% invested in NIKE, Inc. (NYSE:NKE) for 90,423 shares.

Since May 16, 2018, it had 0 buys, and 11 sales for $45.35 million activity. Another trade for 45,000 shares valued at $3.33M was sold by SPRUNK ERIC D. $9.86 million worth of NIKE, Inc. (NYSE:NKE) was sold by PARKER MARK G. $448,774 worth of NIKE, Inc. (NYSE:NKE) was sold by Hill Elliott on Friday, July 27. On Thursday, July 5 Krane Hilary K sold $3.06M worth of NIKE, Inc. (NYSE:NKE) or 40,000 shares. The insider Matheson Monique S. sold 17,000 shares worth $1.28 million.

Analysts expect NIKE, Inc. (NYSE:NKE) to report $0.61 EPS on September, 25.They anticipate $0.04 EPS change or 7.02 % from last quarter’s $0.57 EPS. NKE’s profit would be $976.33 million giving it 32.91 P/E if the $0.61 EPS is correct. After having $0.69 EPS previously, NIKE, Inc.’s analysts see -11.59 % EPS growth. The stock decreased 0.12% or $0.1 during the last trading session, reaching $80.3. About 6.63 million shares traded or 0.45% up from the average. NIKE, Inc. (NYSE:NKE) has risen 38.01% since September 8, 2017 and is uptrending. It has outperformed by 25.44% the S&P500.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

Among 23 analysts covering Nike (NYSE:NKE), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Nike had 35 analyst reports since March 12, 2018 according to SRatingsIntel. FBR Capital maintained the shares of NKE in report on Wednesday, June 27 with “Hold” rating. As per Friday, June 29, the company rating was maintained by Nomura. The stock has “Hold” rating by Jefferies on Friday, June 29. The stock of NIKE, Inc. (NYSE:NKE) earned “Hold” rating by Canaccord Genuity on Friday, March 23. The rating was upgraded by HSBC on Friday, April 27 to “Buy”. The rating was downgraded by Buckingham Research on Friday, June 22 to “Neutral”. The firm earned “Buy” rating on Friday, June 29 by Stifel Nicolaus. The stock has “Hold” rating by Pivotal Research on Tuesday, June 26. The stock has “Market Perform” rating by Cowen & Co on Friday, June 29. Robert W. Baird maintained NIKE, Inc. (NYSE:NKE) on Thursday, June 21 with “Buy” rating.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company has market cap of $128.52 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 68.63 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: Benzinga.com which released: “Nike’s New ‘Dream Crazy’ Ad Is Narrated By Colin Kaepernick” on September 05, 2018, also Seekingalpha.com with their article: “Nike’s Kaepernick Campaign Could Be An Opportunity” published on September 04, 2018, Bizjournals.com published: “Behind Kaepernick buzz, Nike starts ‘Just Do It’ push (Photos)” on September 05, 2018. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Seekingalpha.com and their article: “How Far Could Nike Fall?” published on August 14, 2018 as well as 247Wallst.com‘s news article titled: “Apple Rolls on as Dow’s Top-Performing Stock” with publication date: September 08, 2018.

NIKE, Inc. (NYSE:NKE) Institutional Positions Chart

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