EPS for Nike Inc (NKE) Expected At $0.48

September 17, 2017 - By Hazel Jackson

 EPS for Nike Inc (NKE) Expected At $0.48
Investors sentiment increased to 0.98 in Q4 2016. Its up 0.04, from 0.94 in 2016Q3. It improved, as 84 investors sold Nike Inc shares while 443 reduced holdings. 112 funds opened positions while 405 raised stakes. 993.29 million shares or 0.55% less from 998.81 million shares in 2016Q3 were reported.
Raymond James Svcs Incorporated stated it has 371,785 shares or 0.16% of all its holdings. Columbia Prtn L L C Inv Management stated it has 0.56% of its portfolio in Nike Inc (NYSE:NKE). Suntrust Banks holds 0.07% of its portfolio in Nike Inc (NYSE:NKE) for 239,629 shares. Allianz Asset Ag holds 0.04% or 970,516 shares in its portfolio. Delta Lloyd Nv invested 0.54% of its portfolio in Nike Inc (NYSE:NKE). 66,473 are held by Ferguson Wellman Mgmt. Lowe Brockenbrough & stated it has 0.09% in Nike Inc (NYSE:NKE). Gateway Advisers Ltd Liability accumulated 111,946 shares. Stephens Ar holds 0.13% or 63,288 shares in its portfolio. Fic Cap holds 21,889 shares or 0.56% of its portfolio. Glenmede Na has invested 0.17% of its portfolio in Nike Inc (NYSE:NKE). Patten Patten Tn holds 0.46% of its portfolio in Nike Inc (NYSE:NKE) for 73,182 shares. Moreover, Peapack Gladstone Fincl has 0% invested in Nike Inc (NYSE:NKE) for 39,843 shares. Ipswich Investment Mgmt stated it has 26,146 shares. Tennessee-based Reliant Inv Ltd Liability Corporation has invested 2.29% in Nike Inc (NYSE:NKE).

Since March 24, 2017, it had 1 buying transaction, and 5 sales for $14.79 million activity. $111 worth of Nike Inc (NYSE:NKE) was sold by SPRUNK ERIC D on Tuesday, April 4. PARKER MARK G sold 69,300 shares worth $3.66 million. The insider LECHLEITER JOHN C bought $56,301.

Analysts expect Nike Inc (NYSE:NKE) to report $0.48 EPS on September, 26 after the close.They anticipate $0.25 EPS change or 34.25 % from last quarter’s $0.73 EPS. NKE’s profit would be $787.85M giving it 28.06 P/E if the $0.48 EPS is correct. After having $0.60 EPS previously, Nike Inc’s analysts see -20.00 % EPS growth. The stock increased 0.26% or $0.14 on September 15, reaching $53.87. About 10.05 million shares traded or 30.52% up from the average. Nike Inc (NYSE:NKE) has declined 9.24% since September 17, 2016 and is downtrending. It has underperformed by 25.94% the S&P500.

Nike Inc (NYSE:NKE) Ratings Coverage

Among 43 analysts covering Nike Inc. (NYSE:NKE), 26 have Buy rating, 2 Sell and 15 Hold. Therefore 60% are positive. Nike Inc. had 172 analyst reports since July 29, 2015 according to SRatingsIntel. DA Davidson maintained it with “Buy” rating and $156.0 target in Wednesday, December 23 report. As per Tuesday, August 29, the company rating was maintained by Morgan Stanley. On Monday, June 19 the stock rating was maintained by Barclays Capital with “Buy”. The stock has “Buy” rating by Citigroup on Wednesday, September 28. The firm has “Neutral” rating by JP Morgan given on Friday, June 16. Stifel Nicolaus maintained the shares of NKE in report on Tuesday, December 15 with “Buy” rating. Canaccord Genuity maintained Nike Inc (NYSE:NKE) rating on Friday, September 25. Canaccord Genuity has “Hold” rating and $119 target. As per Wednesday, June 29, the company rating was maintained by Credit Suisse. Credit Suisse maintained it with “Outperform” rating and $126 target in Friday, September 25 report. B.riley maintained Nike Inc (NYSE:NKE) on Monday, September 26 with “Neutral” rating.

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 $88.42 billion. The Company’s operating divisions include North America, Western Europe, Central & Eastern Europe, Greater China, Japan and Emerging Markets. It has a 21.5 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: Fool.com which released: “How fast are Nike and Skechers growing?” on August 30, 2017, also Seekingalpha.com with their article: “Nike: A Wonderful Company At A Fair Price” published on September 08, 2017, Bizjournals.com published: “Why Nike’s downsizing won’t slow Portland’s footwear, apparel cluster” on September 06, 2017. More interesting news about Nike Inc (NYSE:NKE) were released by: Fool.com and their article: “Why Nike Inc. Stock Dropped Today” published on August 18, 2017 as well as Nasdaq.com‘s news article titled: “Nike, Inc. (NKE) Ex-Dividend Date Scheduled for August 31, 2017” with publication date: August 30, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.