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, 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -27.4 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.43 percent, compared to last month. 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, which can be compared to the 14 analysts that decreased their estimates. Over the same time period, 6 analysts revised their FY earnings estimates upwards, while 10 analysts decreased their estimates.

The growth rate of NKE's earnings is estimated by analysts to be -4.77 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. NKE has a PEG ratio of -4.86.

NKE has a 52-week high of 60.33 and a 52-week low of 49.01. The current market price is above the trailing year's low by 18.65 percent, and 3.61 percent lower than its 52-week 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 stock has a market capitalization of $95.88 billion. NKE will post this quarters earnings in days, on 0000-00-00.