NIKE(US:NKE) ZACKSยท2025-05-28 22:51Company Performance - Nike's stock closed at $61.78, reflecting a -1.67% change from the previous session, underperforming the S&P 500's daily loss of 0.56% [1] - Over the past month, Nike's shares gained 9.19%, which is below the Consumer Discretionary sector's gain of 10.54% and above the S&P 500's gain of 7.37% [1] Upcoming Earnings - Analysts expect Nike to report an EPS of $0.11, which represents a significant decline of 89.11% from the same quarter last year [2] - Revenue is anticipated to be $10.67 billion, indicating a 15.35% decrease compared to the prior year [2] Full Year Estimates - For the full year, earnings are projected at $2.15 per share and revenue at $45.88 billion, showing declines of -45.57% and -10.67% respectively from the previous year [3] - Recent changes in analyst estimates suggest a shifting business landscape, with positive revisions indicating optimism about Nike's profitability [3] Zacks Rank and Valuation - Nike currently holds a Zacks Rank of 3 (Hold), with a recent 0.37% rise in the Zacks Consensus EPS estimate [5] - The company is trading at a Forward P/E ratio of 29.18, which is a premium compared to the industry's average Forward P/E of 16.61 [6] - Nike's PEG ratio stands at 1.95, while the industry average is 1.16, indicating a higher valuation relative to expected earnings growth [6] Industry Context - The Shoes and Retail Apparel industry is part of the Consumer Discretionary sector and has a Zacks Industry Rank of 182, placing it in the bottom 27% of over 250 industries [7] - Research indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [7]