|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's range||114.49 - 117.91|
|52-week range||60.00 - 120.48|
|Beta (5Y monthly)||0.84|
|PE ratio (TTM)||71.66|
|Earnings date||22 Sep 2020|
|Forward dividend & yield||0.98 (0.85%)|
|Ex-dividend date||28 Aug 2020|
|1y target est||120.23|
Investors this week will look ahead to a packed calendar of events, including multiple appearances of Federal Reserve Chair Jerome Powell before Congress, Tesla’s inaugural battery technology event, and a handful of closely watched corporate earnings results and economic data releases.
Nike (NYSE: NKE) has some big questions to answer for investors on Tuesday. In its fiscal first-quarter report on Sept. 22, the sports apparel and footwear giant is expected to make progress toward returning to growth following COVID-19 shutdowns at the end of fiscal 2020. With those big-picture trends in mind, let's look at what investors should be watching in this announcement.
Nike (NYSE: NKE) was battered as a result of the COVID-19 outbreak. Meanwhile, many sports leagues suspended or paused their seasons, which removed a critical opportunity for consumers to see Nike's products in action worn by superstars like Lebron James. Now, with many places across the globe ending lockdowns, people are venturing out a little more often, and Nike is hoping for a bounceback to pre-pandemic levels of revenue.