|Bid||193.00 x 37900|
|Ask||193.05 x 75600|
|Day's Range||192.60 - 193.60|
|52 Week Range||129.60 - 202.10|
|PE Ratio (TTM)||39.65|
|Earnings Date||Nov 9, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||198.73|
Nike was downgraded on declines in the basketball category, an a slowdown at athletic retailers could continue to be a hurdle.
Nike (NKE) stock dipped on Tuesday after the company received two significant analyst downgrades, and one of the biggest reasons for this cautionary stance is based on increased competition from one sportswear power in particular: Adidas (ADDYY).
The latest back-to-school data is echoing the sentiment that has been well covered in the sportswear world over the past year; adidas AG (ADR) (OTC: ADDYY ) is up and Nike Inc (NYSE: NKE ) is down . Fresh ...