Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy.
Ten years later, on January 5th, 2015, Nike stock price reached $46.75. The growth rate of 312% within a decade tells the outstanding performance of NIKE’s stock in the 21st century. NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide. Nike`s grip on the market comes down to a simple supply and home ǀ morningstar indexes demand formula, Josh Luber, CEO of sneaker reselling site StockX previously told Jefferies.
NIKE, Inc. Overview Footwear & Accessories / Consumer Cyclical
This mostly applies to the sneaker market, but Nike losing its cool factor in one area of its business can seep into others. Nike, the perennially “cool” brand has a stock price that depends on it. NIKE, Inc. sells athletic footwear, apparel, equipment, and accessories in the U.S. and internationally. NIKE was founded in 1964 and is headquartered in Beaverton, OR. On June 14th, 2017, NIKE’s stock price was at $54.66 before falling sharply to $51.10 by the end of the trading day on June 16th.
This decline was followed by a rally resulting in a closing price of $60.14 on August 3rd. The stock remained at a high level for some weeks, but fell again sharply to bottom out at $51.07 on October 13th. The current trend, however, is clearly pointing upwards. On November 15th, Nike stock price closed at a price of $56.63.
Recent News: NKE
On December 3rd, 1990, Nike stock price closed at $1.10. Nike stock price had increased by 511% in a decade. The stock continued to perform well into the 1990s. By the end of 1994, the stock hit $2.33 and by December 1995, the stock had gone as australian dollar vs canadian dollar high as $4.35. In just one year’s time, the stock’s value had increased by 87%.
- Nike and Kohl’s are still No. 1 choices among consumers for athletic footwear and department stores, according to a consumer sentiment study released by consulting firm AlixPartners.
- Billionaire investors conduct careful research into every stock they buy, which is why it’s worth checking out…
- NIKE, Inc. sells athletic footwear, apparel, equipment, and accessories in the U.S. and internationally.
- Nike’s share price has fallen significantly due to slower growth, but its strong fundamentals and the return of a former CEO make it a buy.
- NKE with a Buy rating and a price forecast of $84.
Historical Prices for Nike
Despite recent revenue misses, Nike’s robust free cash flow … Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. The market data on this page is currently delayed. Please bear with us as we address this and restore your personalized lists. NKE with a Buy rating and a price forecast of $84.
This represents an increase of over 11% compared to the low on October 13th and a year over year increase of almost 13%. According to 34 analysts, the average rating for NKE stock is “Buy.” The 12-month stock price forecast is $97.41, which is an increase of 25.85% from the latest price. In November 2015 Nike announced it was increasing its dividend by 14%, and that its board building winning algorithmic trading systems, + website had also approved a $12 billion share repurchase program and a two-for-one stock split. The Barchart Technical Opinion widget shows you today’s overall Barchart Opinion with general information on how to interpret the short and longer term signals.
Julie Hyman and Madison Mills outline the analyst comments and how sentiment about Nike has shifted under its new CEO Elliott Hill’s leadership. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. A list of 10 companies well on their way to reaching dividend aristocrat status. These companies offer investors a variety of starting yields and span multiple sectors. AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem…
Apple stock has underperformed markets in 2024. It might be worthwhile waiting for a dip in AAPL stock instead of rushing to buy at current price levels. Nike (NKE) shares gain after Needham analysts initiate coverage of the stock with a Buy rating citing the potential gains driven by the leadership change.
Select to analyze similar companies using key performance metrics; select up to 4 stocks. The Barchart Technical Opinion rating is a 72% Sell with a Weakening short term outlook on maintaining the current direction. Investors don’t have to make guesses about where to put their money in the stock market .