Here is What to Know Beyond Why NIKE, Inc. (NKE) is a Trending Stock

Core Viewpoint - Nike's stock performance has remained stable with a return of +0% over the past month, contrasting with the S&P 500's decline of -4.2% and the Shoes and Retail Apparel industry's loss of -2.5% [1] Earnings Estimates - Nike is projected to report earnings of $0.86 per share for the current quarter, reflecting a year-over-year increase of +30.3% [3] - The consensus earnings estimate for the current fiscal year stands at $3.73, indicating a +15.5% change from the previous year [3] - For the next fiscal year, the earnings estimate is $3.95, suggesting a +5.9% increase compared to the prior year [3] - The Zacks Rank for Nike is 3 (Hold), influenced by recent changes in earnings estimates and other related factors [3] Revenue Growth - The consensus sales estimate for the current quarter is $12.92 billion, representing a year-over-year change of +0.7% [6] - For the current fiscal year, the sales estimate is $51.66 billion, indicating a +0.9% change, while the next fiscal year's estimate is $52.56 billion, reflecting a +1.7% change [6] Recent Performance - In the last reported quarter, Nike achieved revenues of $12.43 billion, a +0.3% increase year-over-year, and an EPS of $0.98 compared to $0.79 a year ago [7] - The reported revenues exceeded the Zacks Consensus Estimate of $12.28 billion by +1.22%, and the EPS surprise was +42.03% [7] - Over the last four quarters, Nike has surpassed consensus EPS estimates three times and revenue estimates two times [7] Valuation - Nike's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing whether the stock is fairly valued [8] - The Zacks Value Style Score grades Nike as D, indicating it is trading at a premium compared to its peers [10]