The stock of Nike, Inc (NYSE:NKE) last traded at $56.12, up 0.65% from the previous session.
NKE stock price is now -18.57% away from the 50-day moving average and -25.70% away from the 200-day moving average. The market capitalization of the company currently stands at $82.83B.
With the price target of $58, Berenberg recently initiated with Hold rating for Nike, Inc (NYSE: NKE). On March 21, 2025, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $80 to quote $75, while ‘China Renaissance’ rates the stock as ‘Hold’
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 $1.79 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 $50.32 million. A total of 21.53% 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 $68.9146 and a two-hundred day moving average price translates $75.5283 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.
