The price of Nike, Inc (NYSE:NKE) shares last traded on Wall Street fell -1.04% to $58.30.
NKE stock price is now -8.69% away from the 50-day moving average and -21.68% away from the 200-day moving average. The market capitalization of the company currently stands at $86.05B.
With the price target reduced from $80 to $70, Telsey Advisory Group maintained Market Perform rating for Nike, Inc (NYSE: NKE). On April 30, 2025, Wells Fargo Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $55, while ‘Berenberg’ 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 $49205.2. 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 21.57% 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.
