Investors are always looking for stocks that are poised to beat at earnings season and NIKE, Inc. (NKE) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because NIKE is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of s ...

Key PointsThe apparel industry has been heating up lately, but not all stocks are equal. Here's why Nike is a top choice.The writing is on the wall for Wall Street analysts, and you can easily justify their boosts in price targets and EPS projections.Nike is head and shoulders above its peers. Its size and international exposure make it a prime target for stability and growth.5 stocks we like better than Lululemon AthleticaUncertain stock market times tend to drive wealthy investors and the institutions tha ...

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) closed at $98.31 in the latest trading session, marking a -1.24% move from the prior day. This change lagged the S&P 500's daily loss of 1.02%. Elsewhere, the Dow lost 1.04%, while the tech-heavy Nasdaq lost 1.65%.The athletic apparel maker's shares have seen a decrease of 0.14% over the last month, not keeping up with the Consumer Discretionary sector's gain of 1.11% and the S&P 500's gain of 3.64%.The upcoming earnings release of Nike will be of great interest to investors. The company's earnin ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Nike (NKE) , which belongs to the Zacks Shoes and Retail Apparel industry, could be a great candidate to consider.This athletic apparel maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 24.82%.For the last reported quarter, Nike came out wi ...

Nike (NKE) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this athletic apparel maker have returned +4.3%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Shoes and Retail Apparel industry, which Nike falls in, has gained 4.3%. The key question now is: What could be the stock's future direction?Alt ...

Nike (NKE) Stock Price Prediction in 2030: Bull, Base and Bear Forecasts Wikimedia Commons Nike Inc. (NYSE: NKE), the colossus of the athletic apparel and footwear industry, marries the world of sports with the financial markets, embodying resilience, innovation, and a pervasive global influence. With its foundation deeply rooted in the essence of competitive sports such as basketball, soccer, and tennis, Nike has not only outfitted athletes across the globe but also served as a beacon of inspiration for ...

Nike is laying off thousands of employees, as consumers’ ongoing financial pressures make it harder for them to justify nonessential purchases, such as adding more sneakers to their collections. The footwear company announced its decision to reduce its workforce by approximately 2%, equating to over 1,500 jobs, in a move aimed that comes amid the company’s broader restructuring plan to cut costs in the face of weakening demand for its shoes, CNBC reported Friday (Feb. 16).“This is how we will reignite our g ...

The Dow Jones Industrial Average is near record highs as the stock rally that began in spring 2023 continues. Comprised of 30 leading blue-chip stocks that are representative of the U.S. economy, the index is often referred to as the “Dow 30.” While the index might be at record levels, it has reached those heights largely due to the performance of a handful of its 30 stock components. Most companies listed on the Dow are performing poorly. In fact, despite rising 13% in 2023, the Dow’s gains trailed those o ...

Nike (NKE -2.96%) shareholders were seeing red on Friday morning. The stock was down by 4% as of noon ET compared to a 0.2% drop in the wider market, according to data provided by S&P Global Market Intelligence. That decline added to a tough period for shareholders in recent months. The footwear giant is down 20% in the past year, while the S&P 500 has soared 21%.Friday's decline was sparked by news that Nike is laying off part of its workforce, potentially reflecting further demand weakness ahead.Making mo ...