How Analysts Feel About NIKE, Inc. (ETR:NKE)?

Marco Green
March 15, 2018

(NYSE:NKE). Franklin Street Nc accumulated 0.74% or 86,809 shares. The institutional investor held 44,403 shares of the industrial machinery and components company at the end of 2017Q3, valued at $5.58M, up from 40,842 at the end of the previous reported quarter. The company operates in the Consumer Cyclical sector with a market capitalization of 106.02 Million. It closed at $3.95 lastly. It is down 3.81% since March 14, 2017 and is downtrending. It has underperformed by 20.51% the S&P500.

Suncoast Equity Management decreased its stake in Nike Inc Class B (NKE) by 29.2% based on its latest 2017Q3 regulatory filing with the SEC. Duncker Streett & Company Inc sold 8,098 shares as the company's stock declined 8.78% while stock markets rallied. Tiverton Asset Management LLC now owns 185,544 shares of the footwear maker's stock valued at $10,947,000 after purchasing an additional 20,400 shares in the last quarter. Over the past twelve months, NIKE, Inc.

Shares of Nike (NKE) traded up $0.03 during trading on Friday, hitting $66.20.

Nike (NYSE:NKE) last announced its earnings results on Thursday, December 21st. It has underperformed by 16.70% the S&P500.

NIKE, Inc is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services.

Among 7 analysts covering Nike (ETR:NKE), 6 have Buy rating, 1 Sell and 0 Hold. Therefore 57% are positive. Nike Inc. had 223 analyst reports since July 29, 2015 according to SRatingsIntel. Deutsche Bank maintained NIKE, Inc. (NYSE:NKE). Comerica Securities holds 31,723 shares. The rating was maintained by Guggenheim on Friday, July 21 with "Buy". Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. The firm has "Neutral" rating given on Monday, September 26 by B.riley. The firm has "Buy" rating given on Wednesday, June 29 by Goldman Sachs. The firm has "Buy" rating given on Thursday, December 14 by Stifel Nicolaus. Canaccord Genuity maintained the shares of NKE in report on Friday, September 23 with "Hold" rating. J.P. Morgan upgraded the stock to "Hold" rating in Friday, June 2 report.

Investors sentiment decreased to 0.74 in Q3 2017. Its down 0.07, from 1 in 2017Q2. 78 funds opened positions while 358 raised stakes. YorkBridge Wealth Partners LLC raised its holdings in shares of Nike by 0.3% during the second quarter. Vision Cap Inc has 51,509 shares for 0.85% of their portfolio. Park Circle reported 800 shares. Nike Inc has a 12-month low of $50.35 and a 12-month high of $70.25. (NYSE:NKE) for 17,462 shares. Norris Perne And French Ltd Liability Partnership Mi reported 165,470 shares stake. Calamos Wealth Management Ltd reported 11,810 shares. Ckw Gp reported 0.03% stake. Thornburg Investment has invested 0.84% in NIKE, Inc.

Several analysts have recently issued reports on NKE shares. Moreover, Wetherby Asset has 0.26% invested in NIKE, Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Arcadia Inv Management Corporation Mi owns 271 shares. Caisse De Depot Et Placement Du Quebec has 186,287 shares for 0.02% of their portfolio. Cornerstone Advsrs Inc has invested 0.46% of its portfolio in NIKE, Inc. Callahan Llc reported 1.69% in NIKE, Inc. During the same period in the previous year, the business earned $0.50 EPS. NKE's profit will be $846.01 million for 32.00 P/E if the $0.52 EPS becomes a reality. The business's revenue for the quarter was up 4.6% on a year-over-year basis. sell-side analysts expect that Nike Inc will post 2.25 earnings per share for the current year. Perhaps, that suggests something about why 1.53% of the outstanding share supply is held by institutional investors.

Since December 11, 2017, it had 0 insider purchases, and 8 insider sales for $45.81 million activity. Also, Chairman Mark G. Parker sold 135,000 shares of the stock in a transaction that occurred on Monday, December 18th. With 4,000 avg volume, 55 days are for WOODSIDE PETE LTD ORDINARY SHARES (OTCMKTS:WOPEF)'s short sellers to cover WOPEF's short positions. Cowen & Co maintained NIKE, Inc.

Investors sentiment decreased to 0.8 in 2017 Q3. Its up 2.42, from 1.25 in 2017Q2. (NASDAQ:TSLA). 4,399 were accumulated by Cetera Limited Company. Busey Trust invested in 1.11% or 178,404 shares. Blackrock Inc invested in 0% or 321,637 shares. Oregon Pub Employees Retirement Fund stated it has 360,728 shares. (NASDAQ:TSLA). Pension accumulated 116,360 shares. Deutsche Bankshares Ag reported 900 shares or 0% of all its holdings. The stock 0.70% or $0 during the last trading session, reaching $0.2. Weybosset Rech Limited Liability invested in 62,447 shares or 5.21% of the stock. Malaga Cove Cap Lc owns 940 shares or 0.18% of their United States portfolio.

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