Nike, Inc (NYSE: NKE) is -24.21% lower on its value in year-to-date trading and has touched a low of $52.28 and a high of $98.04 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NKE stock was last observed hovering at around $58.59 in the last trading session, with the day’s loss setting it -1.24%.
Currently trading at $57.35, the stock is 1.76% and -12.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.97 million and changing -2.12% at the moment leaves the stock -23.26% off its SMA200. NKE registered -36.52% loss for a year compared to 6-month loss of -24.98%.
The stock witnessed a 3.18% gain in the last 1 month and extending the period to 3 months gives it a -25.12%, and is 0.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.21% over the week and 5.00% over the month.
Nike, Inc (NKE) has around 79400 employees, a market worth around $84.65B and $47.91B in sales. Current P/E ratio is 19.08 and Fwd P/E is 29.53. Profit margin for the company is 9.41%. Distance from 52-week low is 9.70% and -41.50% from its 52-week high. The company has generated returns on investments over the last 12 months (18.45%).
The EPS is expected to shrink by -46.10% this year.
Nike, Inc (NKE) Top Institutional Holders
The shares outstanding are 1.18B, and float is at 1.16B with Short Float at 4.35%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 111.59 million shares valued at $8.41 billion. The investor’s holdings represent 7.3649% of the NKE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 91.53 million shares valued at $6.9 billion to account for 6.0407 of the shares outstanding. The other top investors are STATE STREET CORP which holds 56.05 million shares representing 3.6996% and valued at over $4.25 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 1.7225 of the shares totaling 26.1 million with a market value of $1.97 billion.
Nike, Inc (NKE) Insider Activity
The most recent transaction is an insider sale by Nielsen Johanna, the company’s VP: CORP CONTROLLER. SEC filings show that Nielsen Johanna sold 138 shares of the company’s common stock on Apr 24 ’25 at a price of $57.81 per share for a total of $7978.0. Following the sale, the insider now owns 844.0 shares.
Still, SEC filings show that on Apr 04 ’25, SWAN ROBERT HOLMES (Director) acquired 8,600 shares at an average price of $58.46 for $0.5 million. The insider now directly holds 31,983 shares of Nike, Inc (NKE).
