|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||65.45 - 66.11|
|52 Week Range||50.35 - 70.25|
|PE Ratio (TTM)||28.60|
|Earnings Date||Jun 27, 2018 - Jul 2, 2018|
|Forward Dividend & Yield||0.80 (1.19%)|
|1y Target Est||71.27|
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.
There’s an exodus of experienced talent happening at Nike Inc. and Susquehanna Financial Group analysts worry that it could grow into a large hurdle to the company’s growth. “Mr. Edwards, a 25-year Nike veteran, was ‘the straw that stirs the drink’ for the Nike brand,” said the Susquehanna note.
How Are Sportswear Stocks Placed So Far in 2018? In the final article of this four-part series, we’ll see what Wall Street recommends for the sportswear stocks included in our survey. Let’s begin with Nike (NKE). Of the analysts covering Nike, 60.0% suggest buying its stock, 35.0% recommend holding it, and the remaining 5.0% recommend selling NKE stock. The company’s strong quarterly results in March were followed by a positive response from Wall Street.
The store is neat and airy, the R&B is cool, and the Nike Air Max 97s are selling well, despite the £140 price tag. Over half the selling space in this JD shop is devoted to trainers and other footwear. ...
In this part of the series, we’ll discuss another key valuation metric—the enterprise-value-to-sales multiple. A higher EV-to-sales multiple indicates that a company is overvalued. To gauge whether these companies are correctly valued, we’ll also look at their respective sales growth.
How Are Sportswear Stocks Placed So Far in 2018? All the companies that we cover in this series have delivered strong YTD (year-to-date) returns. Nike (NKE) has a YTD gain of ~7.0%, which is the lowest in the peer group.
How Are Sportswear Stocks Placed So Far in 2018? On the cusp of another round of earnings releases, we’ll take a quick look at the financial situations of several major US-based sportswear companies. Our analysis will revolve around the current profitability, financial strength, valuations, and Wall Street recommendations of key sportswear companies.
Who doesn’t want to own great stocks that are also great businesses? Like Warren Buffett, Barron’s contributor Steven Bleiberg feels investors are better served by understanding they are investing in real businesses despite owning a passive mutual fund or ETF to do so. “Ultimately, equity investors are buying into actual businesses and would be better served by seeking to understand them,” Bleiberg asserts.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Turtle Beach Corp (NASDAQ: HEAR ) stock was trading ...
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
Nike confirmed three more senior management exits Thursday, bringing the total confirmed exits this week to seven, and the total since March to nine.
Yes, American Express (AXP) surged following better-than-expected earnings, and Philip Morris International (PM) got shellacked after releasing its own results. But all eyes were on the bond market, where the 10-year yield jumped 0.046 percentage point to 2.914% today, its highest since Feb. 22, while its price dropped 0.4%.
Nike continues to see more of its top brass departing, and where this leaves the future of leadership at the world's largest athletic brand is unclear.
Nike Inc's (NKE.N) vice president of Express Lane Footwear, Greg Thompson, has left the company, a company spokesman said on Wednesday, the latest in a string of executive departures at the sportswear maker. Nike's vice president of diversity and inclusion, Antoine Andrews, left last week.
Nike Inc (NYSE: NKE) may have made a vital shift from away from a push market to a pull market. Following a conversation with Nike management, Komp said the apparel maker's confidence is "unwavering" and Nike remains bullish about the performance of newer product launches in North America and globally. “Based on the company’s recent actions and expected North America inflection, we are more confident NKE is responding to broader challenges with a potentially transformative combination of innovation, enhanced digital services/experiences, advanced manufacturing, and leveraging its scale to drive much better performance going forward,” Komp said.
In yet another round of management shake-up, four of Nike’s (NKE) senior executives parted ways with the company this week. Antoine Andrews, Nike’s vice president of diversity and inclusion, left the company for undisclosed reasons on April 16, according to Bloomberg. Andrews joined Nike in 2015.
A fourth executive has left Nike Inc. , the Portland Business Journal reported on Thursday, as the company continues with a culture change aimed at creating a more diverse leadership. Greg Thompson, the company's vice president of footwear, left the company Thursday after decades at Nike, the paper reported. On Wednesday, The Wall Street Journal said that Vikrant Singh, a senior brand director for the basketball brand in North America, and Daniel Tawiah, vice president of global brand digital-marketing innovation, were being forced to leave the company.
Nike's vice president of diversity and inclusion, Antoine Andrews, left earlier this week. Trevor Edwards, president of Nike's namesake brand, resigned last month, followed by the exit of another vice president Jayme Martin. Nike, at the time of Edwards' exit, said there had been "conduct inconsistent with Nike's core values and against our code of conduct," but added that there was no direct allegations of misconduct against Edwards.
Callaway Golf Co (NYSE: ELY) shares have gained over 40 percent over the past year amid a resurgence in golf's popularity and some keen investments and acquisitions. The golf industry backdrop is "healthy," and that means a more competitive environment is emerging among the golf brands, Burns said in the downgrade note. When Nike Inc (NYSE: NKE) exited the golf equipment business, and subsequently adidas AG (ADR) (OTC: ADDYY) sold off its golf equipment segment — including TaylorMade — Callaway was a main beneficiary of an industry in a state of flux.
Three more Nike executives are leaving amid the company's efforts to overhaul workplace culture. They are Vikrant Singh, a senior brand director for the Nike basketball brand in North America; Daniel Tawiah, ...