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NIKE, Inc. (NKE)

NYSE - Nasdaq Real Time Price. Currency in USD
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96.29-2.41 (-2.44%)
As of 10:47AM EDT. Market open.
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Trade prices are not sourced from all markets
Previous Close98.70
Bid96.16 x 800
Ask96.21 x 800
Day's Range95.82 - 98.11
52 Week Range95.00 - 179.10
Avg. Volume6,532,547
Market Cap151.037B
Beta (5Y Monthly)1.03
PE Ratio (TTM)25.68
EPS (TTM)3.75
Earnings DateSept 29, 2022
Forward Dividend & Yield1.22 (1.26%)
Ex-Dividend DateSept 02, 2022
1y Target Est128.28
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  • Reuters

    Nike sales likely to suffer as inflation hits sneakerheads

    Sneakerheads are thinking twice before splurging on the newest set of kicks as the rising cost of living takes a toll on consumer spending, setting the stage for a potential slowdown in sales for Nike Inc in coming months. At least eight brokerages have cut their price targets on Nike in the two weeks ahead of the company's first-quarter results on Thursday as inflation-hit U.S. consumers increasingly scrimp on discretionary items, adding more pressure on the athletic gear maker that is reeling from a slowdown in China. Since the start of September, analysts have cut their full-year sales expectations for Nike to $49.85 billion from $50.34 billion.