Nike (NKE) Expected to Post Quarterly Sales of $9.39 Billion

Nike (NKE) Expected to Post Quarterly Sales of $9.39 Billion

Nike (NKE) Expected to Post Quarterly Sales of $9.39 Billion

The ratio dived, as 8 active investment managers started new or increased stock positions, while 8 sold and reduced their holdings in Central Europe Russia & Turkey Fund Inc. This organization's stock showed a trading volume of 4.29 million shares, compared to its average daily volume of 8.26M shares. Also, the number of institutional investors holding Schulman A Inc in top ten holdings decreased from 1 to 0 for a decrease of 1.

According to 2017Q4 SEC form the Global Thematic Partners Llc decreased its holdings in Nike Inc (NKE) by 40.88%.

NIKE, Inc. (NKE) stock price rose 21.02 percent over the past one year, while increased 31.79 percent during the past 6 months. The State Of Alaska Department Of Revenue holds 141,138 shares with $8.83M value, up from 16,614 last quarter. (NYSE:NKE). Newman Dignan Sheerar holds 0.21% of its portfolio in NIKE, Inc.

NIKE, Inc. (NYSE:NKE) stock slipped -$0.52 lower during the regular trading session on Friday, hitting $67.25.

Shares of NKE traded up $1.00 during trading hours on Tuesday, reaching $66.44. NKE outperformed by 6.76% the S&P 500.

Fastenal Company (NASDAQ:FAST), stock is trading $58.74 above the 52-week high and has displayed a high EPS growth of 6.30% in last 5 years. It offers custom performance colors, including standard and customized colors, organic and inorganic pigments, high chroma colors in translucent or opaque formats, and special effects. Nike has a fifty-two week low of $50.35 and a fifty-two week high of $70.25.

Silver Capital Management Llc holds 2.48% of its portfolio in A. Schulman, Inc. for 18,530 shares. Geode Capital Management LLC now owns 14,472,375 shares of the footwear maker's stock valued at $903,432,000 after buying an additional 336,633 shares during the period. Moreover, Glenhill Advisors Llc has 1.86% invested in the company for 679,603 shares. The price volatility of stock was 1.72% for a week and 2.35% for a month. Rudman Errol M, a New York-based fund reported 73,738 shares. The stock increased 0.15% or $0.17 during the last trading session, reaching $110.47. About 10,288 shares traded. The firm has "Hold" rating by Cowen & Co given on Thursday, January 11. The company now has an average rating of "Hold" and a consensus target price of $68.55. The firm earned "Buy" rating on Friday, September 25 by Jefferies. Zacks' sales calculations are an average based on a survey of research analysts that cover Nike. Analysts have a mean recommendation of 2.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 25% are positive.

According to Zacks, analysts expect that Nike will report full-year sales of $9.39 billion for the current year, with estimates ranging from $35.76 billion to $36.15 billion. Cim Investment Mangement Inc. boosted its stake in Nike by 1.2% in the fourth quarter.

Nike (NYSE:NKE) last posted its quarterly earnings data on Tuesday, December 20th. The rating was maintained by SunTrust on Monday, March 19 with "Hold". On Thursday, September 28 the stock rating was maintained by RBC Capital Markets with "Hold". The rating was maintained by Telsey Advisory Group with "Outperform" on Thursday, June 22. Robert W. Baird maintained the stock with "Hold" rating in Friday, November 10 report. Argus Research maintained the shares of NKE in report on Monday, December 28 with "Buy" rating. The stock has "Neutral" rating by Buckingham Research on Monday, October 17.

Nike (NYSE:NKE) last announced its earnings results on Thursday, March 22nd. The firm has "Neutral" rating by B. Riley & Co given on Friday, August 26. Kj Harrison Partners has 0.15% invested in NIKE, Inc. That's change of 0.06, from 2017Q3's 0.8. It worsened, as 70 investors sold NKE shares while 501 reduced holdings. 109 funds bought positions and 312 increased positions. (NYSE:NKE). Brown Brothers Harriman invested in 0.01% or 21,499 shares. Connors Investor Service holds 1.46% or 161,817 shares in its portfolio. Prudential Public Limited Co invested in 0.34% or 1.76M shares.

After a recent glance, we can see that NIKE, Inc. (NYSE:NKE). Altfest L J & owns 3,902 shares or 0.09% of their United States portfolio. Nelson Van Denburg & Campbell Wealth Group Ltd stated it has 24,556 shares or 0.34% of all its holdings. Gilman Hill Asset Mgmt Ltd Liability has 9,227 shares. The institutional investor held 27,345 shares of the consumer non-durables company at the end of 2017Q4, valued at $1.71M, down from 32,617 at the end of the previous reported quarter. (NYSE:NKE). Sumitomo Mitsui Trust Hldgs accumulated 3.98M shares. Putnam Ltd Limited Liability Company stated it has 92,264 shares.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. (NYSE:NKE) is 65. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. Lazard Asset Mngmt Ltd Liability holds 0.01% or 55,321 shares in its portfolio. For the next financial year, analysts forecast that the company will report earnings of $2.65 per share, with EPS estimates ranging from $2.46 to $2.84.

Ever wonder how investors predict positive share price momentum?

Since December 11, 2017, it had 0 insider buys, and 8 sales for $45.81 million activity. Also, insider Eric D. Sprunk sold 100,000 shares of Nike stock in a transaction dated Tuesday, January 30th. Slusher John F also sold $4.75 million worth of NIKE, Inc.