Previous close | 99.64 |
Open | 98.98 |
Bid | 0.00 x 900 |
Ask | 0.00 x 900 |
Day's range | 98.52 - 99.65 |
52-week range | 88.66 - 128.68 |
Volume | |
Avg. volume | 9,443,728 |
Market cap | 149.603B |
Beta (5Y monthly) | 1.10 |
PE ratio (TTM) | 28.79 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.48 (1.50%) |
Ex-dividend date | 01 Mar 2024 |
1y target est | N/A |
Nike (NKE) received a downgrade from Williams Trading. Analyst Sam Poser lowered their rating to Sell from Hold and decreased their price target from $92 to $85, arguing that the company is "losing its luster." Poser was also critical of Nike's leadership. Yahoo Finance Anchors Madison Mills and Josh Lipton break down the latest development for Nike and what it could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Nike will unveil its report card for the most recent quarter this Thursday. There is uncertainty on Wall Street about what it will show. Sam Poser of Williams Trading downgraded the shoe company’s stock to a Sell rating from Hold early Monday, forecasting that the stock will hit $85, which is 15% below its closing price on Friday.
Evaluate the expected performance of Nike (NKE) for the quarter ended February 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.