Nike Inc (NYSE:NKE) Institutional Investor Sentiment Is 1.03

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Sentiment for Nike Inc (NYSE:NKE)

Nike Inc (NYSE:NKE) institutional sentiment decreased to 1.03 in 2019 Q2. Its down -0.07, from 1.1 in 2019Q1. The ratio fall, as 501 funds increased or opened new positions, while 487 sold and decreased holdings in Nike Inc. The funds in our partner’s database now own: 981.85 million shares, down from 991.91 million shares in 2019Q1. Also, the number of funds holding Nike Inc in their top 10 positions decreased from 40 to 33 for a decrease of 7. Sold All: 54 Reduced: 433 Increased: 392 New Position: 109.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company has market cap of $136.84 billion. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, menÂ’s training, womenÂ’s training, action sports, sportswear, and golf. It has a 35.07 P/E ratio. The firm also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities.

The stock decreased 0.39% or $0.34 during the last trading session, reaching $87.33. About 3.47M shares traded. NIKE, Inc. (NYSE:NKE) has risen 13.26% since September 13, 2018 and is uptrending. It has outperformed by 13.26% the S&P500.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on September, 24 after the close. They expect $0.71 EPS, up 5.97 % or $0.04 from last year’s $0.67 per share. NKE’s profit will be $1.11B for 30.75 P/E if the $0.71 EPS becomes a reality. After $0.62 actual EPS reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts 14.52 % EPS growth.

Bank Pictet & Cie (Asia) Ltd holds 6.72% of its portfolio in NIKE, Inc. for 174,647 shares. Jacobson & Schmitt Advisors Llc owns 131,043 shares or 6.37% of their US portfolio. Moreover, Mcdonald Capital Investors Inc Ca has 5.75% invested in the company for 842,136 shares. The Texas-based Ycg Llc has invested 5.18% in the stock. Paragon Capital Management Llc, a Kansas-based fund reported 128,262 shares.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

Ratings analysis reveals 73% of Nike’s analysts are positive. Out of 22 Wall Street analysts rating Nike, 16 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $60 while the high is $10800. The stock’s average target of $92.63 is 6.07% above today’s ($87.33) share price. NKE was included in 39 notes of analysts from March 14, 2019. The firm has “Sell” rating given on Friday, March 22 by Bank of America. The rating was maintained by Morgan Stanley on Friday, March 22 with “Buy”. J.P. Morgan maintained it with “Buy” rating and $90 target in Tuesday, March 19 report. The rating was maintained by Morgan Stanley with “Buy” on Thursday, March 14. Susquehanna maintained NIKE, Inc. (NYSE:NKE) rating on Saturday, March 16. Susquehanna has “Buy” rating and $100 target. On Friday, March 22 the stock rating was maintained by Cowen & Co with “Buy”. Guggenheim maintained it with “Buy” rating and $10000 target in Friday, August 23 report. The stock of NIKE, Inc. (NYSE:NKE) has “Neutral” rating given on Friday, March 22 by UBS. The company was maintained on Friday, March 15 by Stifel Nicolaus. The rating was maintained by Needham on Monday, March 18 with “Buy”.

More notable recent NIKE, Inc. (NYSE:NKE) news were published by: Finance.Yahoo.com which released: “Is NIKE, Inc. (NYSE:NKE) Excessively Paying Its CEO? – Yahoo Finance” on May 12, 2019, also Finance.Yahoo.com with their article: “Is NIKE, Inc. (NKE) A Good Stock To Buy? – Yahoo Finance” published on June 07, 2019, Finance.Yahoo.com published: “5 Apparel and Footwear Manufacturing Companies Gurus Agree On – Yahoo Finance” on September 11, 2019. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Finance.Yahoo.com and their article: “Barron’s Picks And Pans: Activision, AT&T, Boeing, Ford, Nike, Square And More – Yahoo Finance” published on September 07, 2019 as well as Seekingalpha.com‘s news article titled: “Nike At A Better Price – Seeking Alpha” with publication date: August 19, 2019.

NIKE, Inc. (NYSE:NKE) Institutional Positions Chart

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