Arizona will withdraw incentives for NIKE, Inc. (NYSE:NKE) manufacturing plant in the state after the sportswear maker pulled the release of a sneaker that featured an old version of the American flag, Governor Doug Ducey said on Tuesday. Nike decided to recall the shoe after former NFL quarterback and Nike endorser Colin Kaepernick asked the company not to sell a shoe with a symbol that he and others consider offensive because of its connection to an era of slavery, the Wall Street Journal reported here on Monday.
The insider ownership percentage is the key indicator, can be used by
investors, to measure the outlook of senior management has on their company.
Insider ownership for the NKE is 1.10%. Institutional ownership refers to the
ownership stake in a company that is held by large financial organizations,
pension funds or endowments. The Institutional ownership for the NKE is 85.10%.
Insider trading is the buying or selling of any publicly traded company’s stock
and this can be done by someone who has non-public, material information about
that NKE. Insider trading can be illegal or legal depending on when the insider
makes the trade. It is illegal when the material information is still
non-public. The insider transactions of the company (6-month change in insider
ownerships) for the NIKE, Inc. (NYSE:NKE) is -5.31%.
Institutional transactions is the amount of a NIKE, Inc. (NYSE:NKE)’s available
stock owned by mutual or pension funds, insurance companies, investment firms,
private foundations, endowments or other large entities that actually manage
the funds on the behalf of others, so its an interesting element for the
traders to note it, and the Institutional ownership for the NKE is 0.87%.
[finviz ticker=NKE]
A Consumer Goods sector firm, NIKE, Inc. (NYSE:NKE)
stock went down -0.53% on Tuesday and when day-trade ended the stock finally
concluded at $84.96 and number of shares that changed hands during the day are
7.19 Million. The number of shares NKE stock currently held by all its
shareholders are 1566.32 and floated shares, the number of shares are available
for trading in an open market on last trading day are 1242.38. The average
volume of shares for 3 months is 6565.58 and NKE stock value has moved between
$66.38 – 90.38 in last one year.
The NIKE, Inc. (NYSE:NKE)’s latest earnings date is 6/27/2019. The Gross margin
is the difference between the revenue and the cost of goods sold (COGS), divided
by revenue. In other words, Gross Margin is a percentage value, while Gross
Profit is a monetary value. The valuable gross margin for NIKE, Inc. (NYSE:NKE)
is 44.50% and the profit margin is 5.60% and the stock has gained 14.59% in
2019 to date.
NIKE, Inc. (NYSE:NKE)’s monthly stock performance is 8.98%, the quarterly
performance is 0.70%, the half year performance is calculated as 14.59%. The
yearly performance of NKE is 6.63%.
The higher the volatility, the riskier the security. For example, when the
stock market rises and falls more than one percent over a sustained period of
time, it is called a “volatile” market, if the stock price stays
relatively stable, the security has low volatility. The NIKE, Inc. (NYSE:NKE)
weekly volatility is measured as 1.63% and monthly volatility measured as
1.75%.
Return on assets (ROA) is a main indicator of how profitable a company is
relative to its total assets. NKE return on assets is 9.50%, the return on
equity (ROE) of the NIKE, Inc. (NYSE:NKE) is 23.60%, while the most important
return on investment is calculates as a percentage and is typically used for
personal financial decisions, and NKE return on investment is 30.00%.
The price to earnings ratio is 33.75, price to sales ratio is 3.44, and price
to book ratio is 14.91, price to cash per share ration is 32.89, price to free
cash flow is 38.73.
Analysts mean target price for NIKE, Inc. (NYSE:NKE) is $92.09 while analysts
mean recommendation is 2.10. The current share price indicates that stock is
-5.60% away from its one year high and is moving 27.70% ahead of its 52-week
low. NKE’s distance from 20 day simple moving average is 1.79% and distance
from 50-Day simple moving average is 1.50%.
