|Day's Range||58.80 - 59.59|
|52 Week Range||49.01 - 60.33|
|PE Ratio (TTM)||23.55|
|Dividend & Yield||0.72 (1.25%)|
|1y Target Est||N/A|
The athletic brand has partnered with rapper ASAP Rocky to lift its Lifestyle division. Will it work?
After a bumpy year, Nike’s stock price has been on a roll in recent weeks as Wall Street gains confidence that the athletic apparel maker still has game. Morgan Stanley’s Jay Sole became the latest to turn positive. Late Wednesday, he upgraded Nike (NKE) from Equal Weight to Overweight, predicting that waning North American sales may finally have bottomed.
It's been an up-and-down year for the Swoosh, but for now it's ahead of the pace.