EPS for NIKE, Inc. (NKE) Expected At $0.61

September 16, 2018 - By Megan Stone

NIKE, Inc. (NYSE:NKE) LogoInvestors sentiment increased to 0.83 in Q2 2018. Its up 0.18, from 0.65 in 2018Q1. It is positive, as 43 investors sold NIKE, Inc. shares while 480 reduced holdings. 123 funds opened positions while 313 raised stakes. 982.71 million shares or 1.47% less from 997.42 million shares in 2018Q1 were reported.
Palisade Capital Management Limited Liability Nj reported 33,025 shares or 0.08% of all its holdings. Envestnet Asset Mngmt has invested 0.12% of its portfolio in NIKE, Inc. (NYSE:NKE). Parallax Volatility Advisers Lp has invested 0.03% in NIKE, Inc. (NYSE:NKE). Franklin Street Advsrs Nc reported 144,258 shares. Thomas Story Son Limited Company has invested 3.21% of its portfolio in NIKE, Inc. (NYSE:NKE). Williams Jones Assocs Ltd Liability Com holds 0.47% of its portfolio in NIKE, Inc. (NYSE:NKE) for 264,967 shares. Moreover, Noesis Mangement Corporation has 4.43% invested in NIKE, Inc. (NYSE:NKE) for 151,599 shares. Bailard holds 8,248 shares or 0.04% of its portfolio. Pacific Glob Invest Mngmt invested in 0.52% or 29,885 shares. Tower Rech Limited Liability (Trc) holds 73,752 shares or 0.33% of its portfolio. Magnetar Fin Ltd Liability Corp owns 3,167 shares. Rech has invested 1.18% in NIKE, Inc. (NYSE:NKE). S&Co reported 8,220 shares. Brighton Jones Ltd Liability reported 0.34% in NIKE, Inc. (NYSE:NKE). Schaper Benz And Wise Inv Counsel Wi reported 118,624 shares or 1.35% of all its holdings.

Since May 16, 2018, it had 0 insider purchases, and 11 insider sales for $45.35 million activity. Another trade for 2,907 shares valued at $223,403 was made by Campion Andrew on Tuesday, July 24. 17,000 shares were sold by Matheson Monique S., worth $1.28M on Thursday, June 7. $9.86 million worth of NIKE, Inc. (NYSE:NKE) was sold by PARKER MARK G. Krane Hilary K sold 40,000 shares worth $3.06M. On Wednesday, May 16 the insider SPRUNK ERIC D sold $3.50 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 $976.34M giving it 34.22 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 increased 0.02% or $0.02 during the last trading session, reaching $83.49. About 4.88 million shares traded. NIKE, Inc. (NYSE:NKE) has risen 55.43% since September 16, 2017 and is uptrending. It has outperformed by 39.81% the S&P500.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

Among 23 analysts covering Nike (NYSE:NKE), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Nike has $95 highest and $62 lowest target. $82’s average target is -1.78% below currents $83.49 stock price. Nike had 36 analyst reports since March 23, 2018 according to SRatingsIntel. Cowen & Co maintained the stock with “Market Perform” rating in Friday, June 29 report. The stock of NIKE, Inc. (NYSE:NKE) earned “Neutral” rating by UBS on Thursday, June 21. The rating was downgraded by Buckingham Research on Friday, June 22 to “Neutral”. Stifel Nicolaus maintained NIKE, Inc. (NYSE:NKE) rating on Wednesday, June 20. Stifel Nicolaus has “Buy” rating and $87 target. The stock of NIKE, Inc. (NYSE:NKE) has “Outperform” rating given on Thursday, June 14 by Wedbush. The rating was maintained by Citigroup on Friday, June 29 with “Buy”. The firm has “Buy” rating given on Friday, March 23 by Deutsche Bank. Wedbush maintained NIKE, Inc. (NYSE:NKE) rating on Friday, June 29. Wedbush has “Outperform” rating and $85 target. The firm has “Hold” rating given on Friday, June 29 by Jefferies. The firm has “Buy” rating by Nomura given on Friday, March 23.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company has market cap of $133.63 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 71.36 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 Earnings Preview: Wedbush Expects Strong Q1, Accelerating Momentum” on September 10, 2018, also 247Wallst.com with their article: “Nike Sprints to First Place as Dow’s Top-Performing Stock” published on September 15, 2018, Seekingalpha.com published: “Nike: Brand Damage Risk” on September 12, 2018. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Benzinga.com and their article: “What The Kaepernick Campaign Means For Nike” published on September 04, 2018 as well as Bizjournals.com‘s news article titled: “Nike’s Parker, Columbia’s Boyle join four Oregon business leaders in opposing sanctuary rules repeal” with publication date: September 12, 2018.

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

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