Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis. Nike has 30.51% upside potential, based on the analysts’ average price target. Quickest stock price recoveries post dividend payment. This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered. Electric Vehicle Stocks and ETFs Check out IBD’s interactive guide to investing in the EV space, including the top-rated stocks.4th of July $1 Deal Happy Birthday, America! Celebrate financial freedom with 1 month of IBD Digital for just $1! MarketWatch Money Festival Hear from insiders and experts at the Best New Ideas in Money Festival.
The effective tax rate was 9.1 percent, compared to 14.0 percent for the same period last year, due to a shift in our earnings mix and a non-cash, one-time benefit related to the onshoring of our non-U.S. Operating overhead expense increased 11 percent to $11.0 billion due to higher strategic technology investments, and an increase in wage-related expenses and NIKE Direct variable costs. The effective tax rate was (4.7) Forex news percent compared to 18.6 percent for the same period last year, due to a shift in our earnings mix and a non-cash, one-time benefit related to the onshoring of our non-U.S. Operating overhead expense increased 8 percent to $3.0 billion, due to higher strategic technology investments, and an increase in NIKE Direct variable costs and wage-related expenses. On December 3rd, 1990, Nike stock price closed at $1.10.
Nke Stock Chart & Stats
The company was founded by William Jay Bowerman and Philip H. Knight in 1964 and is headquartered in Beaverton, OR. Heavy trading follows Forex with its earnings report today.
In the past three months, NIKE insiders have sold 163.33% more of their company’s stock than they have bought. Specifically, they have bought $1,029,600.00 in company stock and sold $2,711,240.00 in company stock. MarketBeat has tracked 101 news articles for NIKE this week, compared to 16 articles on an average week. http://dotbig.com/markets/stocks/NKE/ This payout ratio is at a healthy, sustainable level, below 75%. NIKE pays a meaningful dividend of 1.21%, higher than the bottom 25% of all stocks that pay dividends. Last year’s boost in demand may have been a once-in-a-lifetime event. But, it hardly signifies the end of this being a great investment opportunity.
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The Barchart Technical Opinion rating is a 100% Sell with a Strongest short term outlook on maintaining the current direction. TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides NIKE stock price financial advice. This is used by investors to assess a stock’s market price relative to its earnings. Nike is a major company with decades of proven revenue and stock growth. Securities and Exchange Commission requires Nike to file annual and quarterly statements.