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The company's share price ended the daily session up 3%, according to data from S&P Global Market Intelligence. Nike stock has been gaining ground in conjunction with the launch of its new ad ...
The stock was also helped after Starbucks soared on news it was replacing its CEO, since many on social media said they would like Nike to make a similar move. Shares of Nike were up 5.3% as of 2 ...
Shares are down 24% this year, with an even steeper 52% decline from its all-time high stock price of $171.71 in November 2021. Nike has struggled to navigate shifting consumer spending trends.
The consensus rating on Nike from 37 analysts is a 2.1 out of 5, indicating “buy,” with an average price target of $140.10 in a range of $96, which is lower than the current price.
Nike stock now trades at a forward price-to-earnings (P/E) ratio of about 25 times next fiscal year's estimates, which is one of the cheaper levels it has traded at over the past few years. NKE PE ...
But that doesn't automatically mean it is a buy today. At its current market cap of $24.6 billion, the stock trades at a forward price-to-earnings ratio of 30.4. This is a forward metric based on ...
Nike stock sank more than 6% ... The news initially sent Nike stock up as much as 10%. ... Click here for in-depth analysis of the latest stock market news and events moving stock prices.
Nike's (NYSE: NKE) stock hit an all-time high of $172.49 on Nov. 5, 2021. At the time, investors were impressed by its quick recovery from the pandemic, the ongoing expansion of its Nike Direct ...