Nike, Inc (NYSE:NKE) shares traded 1.88% higher at $55.41 on Wall Street last session.
NKE stock price is now -21.41% away from the 50-day moving average and -27.13% away from the 200-day moving average. The market capitalization of the company currently stands at $81.78B.
With the price target reduced from $80 to $75, Needham maintained Buy rating for Nike, Inc (NYSE: NKE). , while ‘Jefferies’ rates the stock as ‘Buy’
In other news, SWAN ROBERT HOLMES, Director bought 8,600 shares of the company’s stock on Apr 04 ’25. The stock was bought for $502,756 at an average price of $58.46. Upon completion of the transaction, the Director now directly owns 31,983 shares in the company, valued at $1.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, EXECUTIVE CHAIRMAN PARKER MARK G sold 169,732 shares of the business’s stock. A total of $12,361,582 was realized by selling the stock at an average price of $72.83. This leaves the insider owning 896,632 shares of the company worth $49.68 million. A total of 21.54% of the company’s stock is owned by insiders.
During the past 12 months, Nike, Inc has had a low of $52.28 and a high of $98.04. As of last week, the company has a debt-to-equity ratio of 0.85, a current ratio of 2.19, and a quick ratio of 1.52. The fifty day moving average price for NKE is $70.5018 and a two-hundred day moving average price translates $76.03915 for the stock.
The latest earnings results from Nike, Inc (NYSE: NKE) was released for 2025-02-28. The net profit margin was 9.41% and return on equity was 31.93% for NKE. The company reported revenue of $11.27 billion for the quarter, compared to $12.43 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.33 percent.
