EPS for Nike Inc (NKE) Expected At $0.39

November 15, 2017 - By Marguerite Chambers

 EPS for Nike Inc (NKE) Expected At $0.39
Investors sentiment decreased to 1 in 2017 Q2. Its down 0.07, from 1.07 in 2017Q1. It is negative, 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.
Blackrock has 0.25% invested in Nike Inc (NYSE:NKE). Washington Commerce invested in 10,445 shares. Holderness Invests Company invested in 0.19% or 6,062 shares. Optimum Inv Advsrs holds 0.52% in Nike Inc (NYSE:NKE) or 25,510 shares. Korea Investment holds 607,867 shares or 0.17% of its portfolio. Nuveen Asset Limited Liability Company invested in 245,148 shares. Boothbay Fund Ltd Liability Co reported 0.16% in Nike Inc (NYSE:NKE). Savant Cap Ltd Liability Company has invested 0.07% in Nike Inc (NYSE:NKE). Buckingham Cap invested 0.52% in Nike Inc (NYSE:NKE). 127,948 are held by Bbva Compass Comml Bank. 93,109 are owned by Afam. Kentucky Retirement Sys holds 0.38% of its portfolio in Nike Inc (NYSE:NKE) for 84,953 shares. Iab Comml Bank accumulated 10,145 shares or 0.29% of the stock. Guggenheim Capital Lc holds 0.12% in Nike Inc (NYSE:NKE) or 756,448 shares. Vision Cap Management holds 1.07% in Nike Inc (NYSE:NKE) or 52,849 shares.

Since June 1, 2017, it had 0 insider buys, and 1 sale for $3.66 million activity.

Analysts await Nike Inc (NYSE:NKE) to report earnings on December, 19. They expect $0.39 EPS, down 22.00 % or $0.11 from last year’s $0.5 per share. NKE’s profit will be $636.28M for 35.88 P/E if the $0.39 EPS becomes a reality. After $0.57 actual EPS reported by Nike Inc for the previous quarter, Wall Street now forecasts -31.58 % negative EPS growth. The stock increased 0.16% or $0.09 during the last trading session, reaching $55.98. About 5.04M shares traded. Nike Inc (NYSE:NKE) has declined 9.24% since November 15, 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), 24 have Buy rating, 2 Sell and 18 Hold. Therefore 55% are positive. Nike Inc. had 194 analyst reports since July 29, 2015 according to SRatingsIntel. As per Friday, June 30, the company rating was maintained by Jefferies. The firm has “Outperform” rating given on Wednesday, September 28 by Telsey Advisory Group. The stock of Nike Inc (NYSE:NKE) has “Outperform” rating given on Wednesday, March 23 by Credit Suisse. The stock of Nike Inc (NYSE:NKE) earned “Buy” rating by Deutsche Bank on Friday, September 25. The rating was initiated by Susquehanna on Tuesday, October 11 with “Positive”. On Monday, June 19 the stock rating was maintained by Barclays Capital with “Buy”. Goldman Sachs maintained the stock with “Buy” rating in Wednesday, April 19 report. The stock of Nike Inc (NYSE:NKE) has “Outperform” rating given on Friday, June 30 by Telsey Advisory Group. On Friday, September 23 the stock rating was maintained by Canaccord Genuity with “Hold”. The firm has “Buy” rating given on Monday, October 19 by BB&T Capital.

NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The company has market cap of $91.33 billion. The Company’s operating divisions include North America, Western Europe, Central & Eastern Europe, Greater China, Japan and Emerging Markets. It has a 23.91 P/E ratio. The Company’s portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse.

More notable recent Nike Inc (NYSE:NKE) news were published by: Bloomberg.com which released: “Nike’s $50 Billion Bluster Looks Dead Just Two Years Later” on October 24, 2017, also Seekingalpha.com with their article: “Did Nike Come Up With A Winning Plan?” published on October 28, 2017, Fool.com published: “Nike Inc Is Totally Rethinking Retail in North America” on October 30, 2017. More interesting news about Nike Inc (NYSE:NKE) were released by: Investorplace.com and their article: “Trade of the Day: Nike Inc Could Be a Runner” published on November 14, 2017 as well as Fool.com‘s news article titled: “Is Nike Inc. a Buy?” with publication date: October 16, 2017.

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