In Tuesday’s Wall Street session, Nike, Inc (NYSE:NKE) shares traded at $57.54, up 0.40% from the previous session.
NKE stock price is now -14.42% away from the 50-day moving average and -23.33% away from the 200-day moving average. The market capitalization of the company currently stands at $84.93B.
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, Nielsen Johanna, VP: CORP CONTROLLER sold 138 shares of the company’s stock on Apr 24 ’25. The stock was sold for $7,978 at an average price of $57.81. Upon completion of the transaction, the VP: CORP CONTROLLER now directly owns 844 shares in the company, valued at $48563.76. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 24 ’25, Officer Nielsen Johanna bought 138 shares of the business’s stock. A total of $7,978 was incurred on buying the stock at an average price of $57.81. 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 $67.2332 and a two-hundred day moving average price translates $75.04475 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. For the current quarter, analysts expect NKE to generate $10.65B in revenue.
