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.

Several price targets were given for NKE by the analysts covering the stock. The maximum price target given was 75, which equates to a potential upside of 28.98 percent. The most pessimistic analyst gave a price target of 42, implying potential capital losses 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. 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. Over the past month, 0 analysts increased their quarterly estimates, while 14 analysts made negative revisions. During this time, 6 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 10 analysts that revised their FY estimates downwards.

Analysts estimate earnings of NKE to grow at a rate of -4.77 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 price/earnings 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's next earnings release will be on 0000-00-00, which is days away.