In Monday’s Wall Street session, Nike, Inc (NYSE:NKE) shares traded at $57.35, down -2.12% from the previous session.
NKE stock price is now -12.65% away from the 50-day moving average and -23.26% away from the 200-day moving average. The market capitalization of the company currently stands at $84.65B.
With the price target maintained at $55, Wells Fargo recently Downgraded its rating from Overweight to Equal Weight for Nike, Inc (NYSE: NKE). On April 15, 2025, Berenberg recently initiated its ‘Hold’ rating on the stock quoting a target price of $58, while ‘Needham’ rates the stock as ‘Buy’
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 $48403.4. 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 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.
