Nike, Inc (NYSE:NKE) shares, rose in value, with the stock price up by 1.51% to the previous day’s close as strong demand from buyers drove the stock to $66.73.
Actively observing the price movement in the recent trading, the stock is buoying the session at $65.74, falling within a range of $65.29 and $66.97. The value of beta (5-year monthly) is 1.021 whereas the PE ratio is 22.20 over 12-month period. Referring to stock’s 52-week performance, its high was $98.04, and the low was $64.95. On the whole, NKE has fluctuated by -17.78% over the past month.
With the market capitalization of Nike, Inc currently standing at about $98.71 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-19. The company’s Forward Dividend Ratio is 1.54, with its dividend yield at 2.31%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 45.89B, with a low estimate of 10.15B and a high estimate of 11.02B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 10.67B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NKE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NKE currently trading nearly -8.83% and -10.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.28, while the 7-day volatility ratio is showing 3.40% which for the 30-day chart, stands at 2.88%. Furthermore, Nike, Inc (NKE)’s beta value is 1.13, and its average true range (ATR) is 2.27.
A comparison of Nike, Inc (NKE) with its peers suggests the former has fared considerably weaker in the market. NKE showed an intraday change of 1.51% in today’s session so far, and over the past year, it shrunk by -28.82%%.
Data on historical trading for Nike, Inc (NYSE:NKE) indicates that the trading volumes over the past 10 days have averaged 22.33 and over the past 3 months, they’ve averaged 14.47 million. According to company’s latest data on outstanding shares, there are 1.48 billion shares outstanding.
Nearly 21.49% of Nike, Inc’s shares belong to company insiders and institutional investors own 65.18% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 36.57 million shares as on 2025-03-14, resulting in a short ratio of 2.73. According to the data, the short interest in Nike, Inc (NKE) stood at 388.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 33.51 million. The stock has fallen by -11.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NKE stock heading into the next quarter.
