Analyst Ratings for Nike Inc. Cl B (NKE)

Updated: 2017-07-28

Shares of Nike Inc. Cl B (NYSE:NKE) have received a consensus rating of Overweight from Wall Street analysts. NKE had previously received a consensus rating of Overweight a month ago.

36 analysts issued ratings on the stock, where 17 gave NKE a buy rating, 4 gave an overweight rating, 14 gave a hold rating, 1 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

NKE was given price targets by several analysts. The maximum price target given was 75, implying a possible profit of 28.98 percent. The most pessimistic analyst gave a price target of 42, implying a possible loss of -27.77 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -24.62 percent on average, compared to last month. That number becomes -27.4 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.43 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.93 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 14 analysts made negative revisions. Over the same time period, 6 analysts revised their FY earnings estimates upwards, while 10 analysts made negative revisions to their fiscal year's estimates.

NKE has an estimated earnings growth rate of -4.77 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of NKE is -4.86.

In the trailing 52-weeks, NKE hit 60.33 at the highest peak, while it's lowest trading point was 49.01. Today's price is 18.65 percent above the 52-week low, and below the high by 3.61 percent. NKE has a P/E ratio of 23.17. Investors typically compare the P/E ratio to a company's peers in the industry. The NKE value stock report compares NKE to some of its peers using value stock charts. The market cap of NKE is $95.88 billion. NKE's next earnings release will be on 0000-00-00, which is days away.