Nike, Inc (NYSE:NKE) shares traded 59.79% higher at $59.51 on Wall Street last session.
NKE stock price is now 0.74 away from the 50-day moving average and Jun 26 AMC away from the 200-day moving average. The market capitalization of the company currently stands at $88.25B.
With the price target reduced from $75 to $66, Needham maintained Buy rating for Nike, Inc (NYSE: NKE). On May 06, 2025, Telsey Advisory Group reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $80 to quote $70, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, PARKER MARK G, EXECUTIVE CHAIRMAN sold 152,976 shares of the company’s stock on May 14 ’25. The stock was sold for $9,492,161 at an average price of $62.05. Upon completion of the transaction, the EXECUTIVE CHAIRMAN now directly owns 842,361 shares in the company, valued at $50.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 14 ’25, Officer PARKER MARK G bought 152,976 shares of the business’s stock. A total of $9,492,161 was incurred on buying the stock at an average price of $62.05. 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 1.52, a current ratio of 1.87, and a quick ratio of 16.21. The fifty day moving average price for NKE is $59.6312 and a two-hundred day moving average price translates $72.16015 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.
