NIKE, Inc. (NYSE:NKE) did something highly out of character: It missed earnings estimates. The athletic brand posted profit of 62 cents a share, short of the 66-cent average projection. That hasn’t happened since the middle of 2012, seven years ago. The company blamed higher overhead expenses, along with a steeper tax bill, for weighing on earnings. Its effective tax rate was 20.4% — compared with just 6.4% in the year-earlier period, partly due to the tax overhaul passed in 2017.
NIKE, Inc. (NYSE:NKE), a Consumer Goods sector firm, traded 10.87 Million shares in last trading session with closing price of $83.66 per share. Company gross margin stands at 44.50% whereas its return on investment (ROI) is 30.00%. Stock value has moved between $66.4 – 89.96 in last one year. Analyst’s mean target price for NIKE, Inc. (NYSE:NKE) is $91.47 while analysts mean recommendation is 2.10. NKE EPS growth this year is -4.60%.
On last trading day, Carnival Corporation (NYSE:CCL) shares closed at $45.92 per share. CCL market capitalization is 32555.90 with beta of 1.11. Analyst’s mean target price for Carnival Corporation (NYSE:CCL) is $62.78 whereas analysts mean recommendation is 2.00. Its weekly performance is -5.90% while year to date (YTD) performance is -6.86%.
In last session Geron Corporation (NASDAQ:GERN) traded 990268 shares and was closed at $1.52. Analyst’s mean target price for GERN is $3.42 while analysts mean recommendation is 1.70. Company is -78.25% away from its 52 week high and is moving 59.21% ahead of its 52 week low. GERN return on assets is -16.30%. Geron Corporation (NASDAQ:GERN) quarterly performance is -6.75% while its price to sale ratio is 366.40.
WEC Energy Group, Inc. (NYSE:WEC), a Utilities sector firm, traded 2.29 Million shares on last trading day with closing price of $83.08 per share. Company gross margin stands at 61.60% whereas its return on investment (ROI) is 6.00%. Stock value has moved between $62.94 – 85.65 in last one year. Analyst’s mean target price for WEC Energy Group, Inc. (NYSE:WEC) is $77.50 while analysts mean recommendation is 2.80. WEC EPS growth this year is 6.30%.
