Currently, there are 1.18B common shares owned by the public and among those 1.16B shares have been available to trade.
The company’s stock has a 5-day price change of -2.56% and -2.51% over the past three months. NKE shares are trading 0.96% year to date (YTD), with the 12-month market performance down to -21.75% lower. It has a 12-month low price of $68.62 and touched a high of $102.49 over the same period. NKE has an average intraday trading volume of 13.29 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.63%, 1.78%, and -4.18% respectively.
Institutional ownership of Nike, Inc (NYSE: NKE) shares accounts for 65.21% of the company’s 1.18B shares outstanding.
It has a market capitalization of $113.01B and a beta (3y monthly) value of 1.08. The stock’s trailing 12-month PE ratio is 23.60, while the earnings-per-share (ttm) stands at $3.24. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.00% over the week and 2.71% over the month.
Earnings per share for the fiscal year are expected to decrease by -47.64%, and 16.43% over the next financial year. EPS should shrink at an annualized rate of -8.70% over the next five years, compared to 8.40% over the past 5-year period.
Looking at the support for the NKE, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on February 24, 2025, with the firm’s price target at $75-$115. Citigroup coverage for the Nike, Inc (NKE) stock in a research note released on February 07, 2025 offered a Neutral rating with a price target of $72. Piper Sandler was of a view on January 10, 2025 that the stock is Overweight, while Telsey Advisory Group gave the stock Market Perform rating on December 20, 2024, issuing a price target of $80. Wells Fargo on their part issued Overweight rating on December 16, 2024.
