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 potential capital gains of 28.98 percent. The most pessimistic price target was 42, which equates to a potential downside of -27.77 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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. Meanwhile, fiscal year estimates have been revised downwards by -1.43 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -4.93 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 14 analysts revised their estimates downwards. Also over the last month, 6 analysts increased their estimates for the FY earnings, while 10 analysts decreased their estimates.

Analysts estimate earnings of NKE to grow at a rate of -4.77 percent. 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of NKE is -4.86.

NKE has traded between a high of 60.33 and a low of 49.01 over the past year. The current market price is above the trailing year's low by 18.65 percent, and 3.61 percent below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.