NIKE(US:NKE) ZACKSยท2025-06-16 22:51Company Performance - Nike's stock closed at $61.90, reflecting a gain of +2.26% from the previous trading session, outperforming the S&P 500's daily gain of 0.94% [1] - Over the past month, Nike's shares have decreased by 4.09%, while the Consumer Discretionary sector gained 0.66% and the S&P 500 increased by 1.67% [1] Upcoming Earnings Report - Nike is scheduled to release its earnings report on June 26, 2025, with projected earnings of $0.11 per share, indicating a year-over-year decline of 89.11% [2] - The consensus estimate for quarterly revenue is $10.67 billion, down 15.35% from the same period last year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $2.13 per share and revenue of $45.88 billion, reflecting declines of -46.08% and no change, respectively, from the previous year [3] - Recent revisions to analyst forecasts for Nike are important as they indicate changing business trends, with positive revisions suggesting analyst optimism [3] Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Nike at 4 (Sell), with the consensus EPS estimate moving 0.74% lower over the last 30 days [5] - Nike has a Forward P/E ratio of 31.39, significantly higher than the industry average of 16.46, indicating that Nike is trading at a premium [6] - The PEG ratio for Nike is 2.09, compared to the industry average of 1.08, suggesting a higher valuation relative to expected earnings growth [6] Industry Context - The Shoes and Retail Apparel industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 215, placing it in the bottom 13% of over 250 industries [7] - The Zacks Industry Rank assesses the strength of industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]