Ja Morant signed a sneaker deal with NIKE, Inc. (NYSE:NKE) right before he went over to the Memphis Grizzlies and explained why he inked that deal on Full Size Run. June is almost over, but let us not forget just how busy of a month Ja Morant has had on his way into the league.
The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a NIKE, Inc. (NYSE:NKE)common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price.NIKE, Inc. (NYSE:NKE) Diluted EPS is 3.40, whereas the EPS Estimate for next year is 2.52. The Annual EPS Growth of past 5 years is 12.30% and NIKE, Inc. (NYSE:NKE) yearly performance is 17.66% and net profit margin is 5.60%.
Key Performance indicators for NIKE, Inc. (NYSE:NKE), in last 4 months the performance of NKE was -0.31% while its price to sale ratio is 3.40 and price to book ratio is 14.73. Company gross margin stands at 44.50% whereas its return on investment (ROI) is 30.00%.
On 28 June 2019, NIKE, Inc. (NYSE:NKE), a Consumer Goods sector firm, traded 12.43 Million shares in last trading session and stock advanced 0.35% with closing price of $83.95 per share. with NIKE, Inc. (NYSE:NKE) traded 12.43 Million shares. The NKE distance from 20 day simple moving average is 1.44% and distance from 50-Day simple moving average is 0.09%.The relative strength index for stock is 51.97 and Average true range of NKE is 1.70.
Analyst’s mean target price for NKE is $92.09 while analysts mean recommendation is 2.10. The Stock value has moved between $66.63 – 90.27 in last one year. NKE market capitalization is 131492.56 with beta of 0.78. Company has 1.10% insider ownership.
NIKE, Inc. (NYSE:NKE) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 11 of Thomson Reuters analysts, 7 given HOLD rating to the stock and 1 given UNDERPERFORM rating. Buy rating has been given by 12 analysts to the company stock.