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Shareholder Alert: Robbins LLP Informs Stockholders of the Class Action Filed Against NIKE, Inc. (NKE)
GlobeNewswire News Room· 2024-06-21 21:25
SAN DIEGO, June 21, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired NIKE, Inc. (NYSE: NKE) Class B Common stock between March 19, 2021 and March 21, 2024. NIKE is a global athletic footwear and apparel company that designs, markets, and sells products for its NIKE, Jordan, and Converse brands. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 35 ...
Analyst: Nike Stock Poised for a Rebound
Schaeffers Investment Research· 2024-06-21 15:55
Oppenheimer upgraded Nike Inc (NYSE:NKE) stock to "outperform" from "market perform" and raised its price target to $120 from $110. The analyst also reinstated the retail giant as a top mega cap pick in its bull note, saying NKE is setup for a gradual rebound amid product innovation and brand-building efforts. At last glance, Nike stock is trading 0.6% higher at $96.12. The security is poised for its third weekly win in four, extending its slim quarter-to-date lead to 2.4%. The equity also just reclaimed su ...
NIKE (NKE) Sustains Business Momentum: Will Q4 Earnings Beat?
ZACKS· 2024-06-21 15:10
NIKE Inc. (NKE) is slated to release fourth-quarter fiscal 2024 results on Jun 27. The leading sports apparel retailer is estimated to have witnessed year-over-year growth in the top and bottom lines in the fiscal fourth quarter.The company has been gaining from its Consumer Direct Acceleration strategy, along with strong demand, compelling products, and robust performances in its digital and DTC businesses. Supply-chain constraints, continued weakness in Greater China, and higher costs have been hurting it ...
Should You Buy Nike Stock Before June 27?
The Motley Fool· 2024-06-21 09:09
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by T ...
Nike (NKE) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-06-20 15:01
Nike (NKE) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended May 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June 27. On the other ...
Nike fiscal 2025 outlook key focus of upcoming earnings report
Proactiveinvestors NA· 2024-06-19 17:22
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Nike Reports After The Close 6/27 With Options Expiring The Next Day
Forbes· 2024-06-18 18:14
According to NextEarningsDate.com, the Nike NKE next earnings date is projected to be 6/27 after the close, with earnings estimates of $0.85/share on $12.91 Billion of revenue.Looking back, the recent Nike earnings history looks like this:NKEtickertechThe company has an impressive long-term earnings per share chart:NKEtickertechAnd with equally impressive revenue growth:NKEtickertechBut earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as investors digest the funda ...
Nike's Earnings: Two Different Ways To Value The Stock
Seeking Alpha· 2024-06-18 18:03
Robert WayNike's Q4 earnings represent one of the last events of every Q2 earnings season, with investors ready to read through the report and feel the pulse of discretionary spending as a new quarter approaches. In fact, Nike (NYSE:NKE) closes its fiscal year in May and will thus release its annual report in a few days, making the report even more valuable now that we are halfway through this year. Needless to say, Nike shares were among the pandemic winners, but, after reaching an ATH of $177.51 in la ...
Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Nike Stock.
The Motley Fool· 2024-06-17 18:33
Want to boost your income with Nike dividends? Here's how much you need to invest in order to reach a specific income target.If you're eyeing $1,000 in annual dividend income from Nike (NKE 1.61%) stock, you're likely curious about how much you need to invest. First of all, congratulations on setting a specific investment goal! Now let's see how reachable it might be.Based on the athletic shoe and apparel giant's most recent dividend announcements, I can calculate a forward-looking dividend yield to help an ...
Nike To Gain From Innovation Reacceleration And Strengthening Inventory Backdrop, Goldman Sachs Analyst Says
Benzinga· 2024-06-12 17:55
Loading...Loading...Goldman Sachs analyst Brooke Roach reiterated a Buy rating on the shares of Nike Inc NKE with a price target of $118.00. Nike’s F4Q earnings result is scheduled for June 27.The analyst is encouraged by the green shoots in Nike’s innovation portfolio, and looks for a greater understanding of NKE’s future innovation pipeline and plan to scale these new innovations on the company’s F4Q earnings call.Nike’s product franchise lifecycle management efforts will weigh on F1H revenue growth, part ...