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Is NIKE, Inc. (NYSE:NKE) a Long Term Growth Play?

17 May 2018

The avg target $69.50 is 0.00% above the last ($69.5) price. The stock increased 2.15% or $1.495 during the last trading session, reaching $70.995. LLC now owns 375,350 shares of the footwear maker's stock worth $19,462,000 after acquiring an additional 3,435 shares in the last quarter. (NYSE:NKE). Boston Private Wealth Ltd Liability Co has invested 0.19% in NIKE, Inc. A beta approximates the overall volatility of a security's returns against the returns of a relevant benchmark (usually the S&P 500 is used).

Truett-hurst Inc (THST) investors sentiment increased to 1 in 2017 Q4. It's up 0.67, from 0.33 in 2017Q3. (NYSE:NKE). Timber Hill Ltd Llc holds 0.12% or 30,373 shares. Sold All: 1 Reduced: 2 Increased: 1 New Position: 2.

Analysts await NIKE, Inc. In terms of Buy, Sell or Hold recommendations, the stock (HBAN) has analysts' mean recommendation of 2.20. Therefore 59% are positive. Nike has a 12-month low of $68.25 and a 12-month high of $68.97.

Here we'll take a quick glance at how the stock price is now trading in relation to some of its simple moving averages.

Nike traded up $0.10, reaching $68.94, on Tuesday, Marketbeat reports. On Monday, January 29 SPRUNK ERIC D sold $6.77 million worth of NIKE, Inc. (NYSE:NKE) for 247,383 shares. In Thursday, March 22 report Robert W. Baird maintained the stock with "Buy" rating. (NYSE:NKE) has "Hold" rating given by Jefferies. The comparison of these above mentioned historical values gives an idea to investor whether the stock is ready to shift trend (up to down or down to up) or how the stock has recovered the losses or shed gains during its historical phase. The rating was maintained by Piper Jaffray on Friday, December 22 with "Hold". On Thursday, December 14 the firm has "Buy" rating by Argus Research given. On Tuesday, December 26 the firm earned "Buy" rating by DA Davidson. The stock has "Buy" rating by Guggenheim on Friday, July 21. The company rating was maintained by Cowen & Co on Wednesday, January 31.

(NYSE:NKE) were released by: and their article: "Four more execs out at Nike, pushing total to 10 since misconduct investigation began" published on May 08, 2018 as well as's news article titled: "A new generation of designers is pushing cultural change in footwear, apparel industry" with publication date: May 10, 2018. The company has market cap of $115.14 billion. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, menÂ's training, womenÂ's training, action sports, sportswear, and golf. Its down 0.06, from 0.8 in 2017Q3. 312 rose stakes while 109 funds took stakes. Aviance Partners, Florida-based fund reported 11,165 shares. Tower Bridge Advsrs invested in 0.33% or 49,458 shs. (NYSE:NKE) for 62,667 shares. Mufg Americas Holdings Corp has 94,519 shares for 0.18% of their portfolio. Pershing Square Capital Management Lp reported 5.84 million shares or 6.22% of all its holdings. Finemark Commercial Bank And Trust has 0.6% invested in NIKE, Inc. NKE has 3.45M shares volume. (NYSE:NKE). Cornerstone Capital Mgmt Ltd Limited Liability Company reported 262,306 shares. Proshare Limited Company owns 421,055 shares. Los Angeles Capital And Equity Research has 9,962 shares. Ruggie Group owns 572 shares. Pub Employees Retirement Sys Of Ohio has 908,172 shares. Artisan Partners Partnership has invested 0.04% in NIKE, Inc. Stifel Nicolaus maintained NIKE, Inc. The business's revenue was up 6.5% on a year-over-year basis. sell-side analysts anticipate that Nike will post 2.33 EPS for the current fiscal year. NKE's profit will be $1.03 billion for 27.91 P/E if the $0.64 EPS becomes a reality. The organization posted $0.68 earnings per share (EPS) for the three-month period, missing the Thomson Reuters' analyst consensus estimate of $0.53 by $0.15- amounting to a surprise factor of 28.40%.

Since December 11, 2017, it had 0 insider buys, and 8 insider sales for $45.81 million activity.

In looking at some key variables, we note that Altra Indtl Mtn (AIMC) has a price to earnings ratio of 24.57 and current year earnings per share of 1.73. On Friday, December 15 Matheson Monique S. sold $650,000 worth of NIKE, Inc. (NYSE:NKE) has "Buy" rating given on Wednesday, June 29 by Brean Capital.

In other news, Chairman Mark G. Parker sold 135,000 shares of the stock in a transaction that occurred on Tuesday, February 27th.

SG Americas Securities LLC lifted its position in shares of Nike (NYSE:NKE) by 5.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.

The company, which is valued at $111.23B, last published its earnings results on Thursday, 03/22/2018 for the quarter that ended in Feb-18. On Friday, March 23 the stock of NIKE, Inc. (NYSE:NKE). Texas-based Fcm Invests Tx has invested 0.09% in NIKE, Inc.

Bard Associates Inc holds 0.45% of its portfolio in Truett-Hurst, Inc. for 453,844 shares. Alyeska Investment Group L.P. now owns 1,166,346 shares of the footwear maker's stock worth $60,475,000 after purchasing an additional 930,318 shares during the period. Independent Investors has 1.7% invested in NIKE, Inc. The Germany-based Deutsche Bank Ag has invested 0% in the stock.