NIKE, Inc. (NYSE:NKE) moved up 0.35% and closed its last trading session at $57.8. This Consumer Discretionary Sector stock currently has the Market Capitalization of 95.63 Billion. The Average Volume for the stock is measured as 9.13 Million. The Stock has a 52-Week High of $65.44 and 52-Week Low of $49.01 following the dates, it touched its 52-Week High on Mar 22, 2016 and 52-Week Low on Nov 2, 2016. Currently, the Return on Assets value for the trailing twelve months is 18% with the Return on Equity and Return on Investment of 31.7% and 25.5% respectively. This firm currently has YTD (year to date) performance of 14.07 Percent which is awesome. The Short Ratio for the stock is 3.59.
NIKE, Inc. (NYSE:NKE) Price to Earnings (P/E) ratio is 25.51. EPS or Earning per Share stands at $2.27. The TTM operating margin is 13.4 percent.
NIKE, Inc. (NYSE:NKE) reports its Earnings on Tue 21 Mar (In 2 Days). The estimated EPS for the current quarter is said to be $0.52. Following Earnings result, share price were UP 16 times out of last 27 Qtrs. The stock has added about 11.6% since it reported its last earnings. The Closing price of NIKE, Inc. (NYSE:NKE) at Last Earnings was $51.79 as compared to the previous closing price of $57.6. The Predicted Move on the 7th day after NIKE, Inc. (NYSE:NKE) will release its earnings at about 4%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, NIKE, Inc. (NYSE:NKE) beats earnings by 100%, The Stock Missed Earnings 0 times and has met earnings 0 times.
We will discuss the past Quarters Earnings below:
NIKE, Inc. (NYSE:NKE) reported its previous quarter on 12/20/2016 where it reported the Actual Earnings of $0.5. The Closing price before the company posted its earnings was $51.79. The Stock surged on the very next day of earnings and maintained its stock price at $52.3 by showing a % change of 0.98 percent from its previous closing price. The Next Day Volume after Earnings was reported as 23.23 Million. On the 7th day After Earnings Report, the stock hit its share price as $51.29 by showing -0.97% decrease from the Stock price Before Earnings were reported.
On 09/27/2016, the stock reported the EPS of $0.73 where Analysts were projecting the EPS to be $0.56 showing a difference of $0.17. Thus Surprise Factor was there with 30.4 percent. Before Earnings Announcement on 09/27/2016, the firm had its stock price of $55.14. And immediately on the next day after earnings announcement, the stock declined -3.77% and closed its trading session at $53.06. On 7th Day after earnings release, NIKE, Inc. (NYSE:NKE) dropped to -5.77% from $55.14 to $51.96.
On 06/28/2016, Analysts were suspecting EPS of $0.48/share where NIKE, Inc. (NYSE:NKE) reported its Actual EPS of $0.49. Thus showing a Surprise of 2.1 percent. The Closing Price of the stock before earnings was $52.76 while on the Next day the stock closed its trading session at $54.79 with a percentage change of 3.85% from the price of 52.76 before Earnings. The Stock Closing Price on the 7th day of earnings was $54.85.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. It offers products in nine categories, including running, NIKE basketball, the Jordan brand, football, mens training, womens training, action sports, sportswear, and golf. The company 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. In addition, it sells sports apparel; and markets apparel with licensed college and professional team and league logos. Further, the company sells a line of performance equipment, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment under the NIKE brand name for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; action sports and youth lifestyle apparel and accessories under the Hurley trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis and golf shops, and other retail accounts through NIKE-owned retail stores and Internet Websites (direct to consumer operations), as well as independent distributors and licensees. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.