Daily Progress: Nike, Inc (NKE) Drop -14.44, Closing at 55.58

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, Nike, Inc (NYSE: NKE) closed at $55.58 down -14.44% from its previous closing price of $64.96. In other words, the price has decreased by -$14.44 from its previous closing price. On the day, 71.31 million shares were traded. NKE stock price reached its highest trading level at $58.68 during the session, while it also had its lowest trading level at $55.4.

Ratios:

For a deeper understanding of Nike, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.74.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on March 21, 2025, Reiterated its Buy rating but revised its target price to $75 from $80 previously.

Jefferies Upgraded its Hold to Buy on February 24, 2025, whereas the target price for the stock was revised from $75 to $115.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 14 ’25 when PARKER MARK G sold 169,732 shares for $72.83 per share. The transaction valued at 12,361,582 led to the insider holds 896,632 shares of the business.

Leinwand Robert sold 4,506 shares of NKE for $328,082 on Feb 13 ’25. The EVP: Chief Legal Officer now owns 30,943 shares after completing the transaction at $72.81 per share. On Feb 14 ’25, another insider, PARKER MARK G, who serves as the Officer of the company, bought 169,732 shares for $72.83 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NKE now has a Market Capitalization of 82210045952 and an Enterprise Value of 83670794240. As of this moment, Nike,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.49, and their Forward P/E ratio for the next fiscal year is 26.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 5.87. Its current Enterprise Value per Revenue stands at 1.75 whereas that against EBITDA is 14.453.

Stock Price History:

The Beta on a monthly basis for NKE is 1.22, which has changed by -0.3743809 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, NKE has reached a high of $98.04, while it has fallen to a 52-week low of $62.65. The 50-Day Moving Average of the stock is -24.18%, while the 200-Day Moving Average is calculated to be -28.22%.

Shares Statistics:

For the past three months, NKE has traded an average of 14.93M shares per day and 28942750 over the past ten days. A total of 1.48B shares are outstanding, with a floating share count of 1.16B. Insiders hold about 21.49% of the company’s shares, while institutions hold 65.16% stake in the company. Shares short for NKE as of 1741910400 were 36574550 with a Short Ratio of 2.45, compared to 1739491200 on 33514828. Therefore, it implies a Short% of Shares Outstanding of 36574550 and a Short% of Float of 3.88.

Dividends & Splits

According to the company, the forward annual dividend rate for NKE is 1.54, from 1.54 in the trailing year. Against a Trailing Annual Dividend Yield of 0.023706896The stock’s 5-year Average Dividend Yield is 1.17. The current Payout Ratio is 38.91% for NKE, which recently paid a dividend on 2025-03-03 with an ex-dividend date of 1740960000. Stock splits for the company last occurred on 2015-12-24 when the company split stock in a 2:1 ratio.

Most Popular