NIKE traded up 6.16% on Friday, hitting $105.10. NIKE has a 1-year low of $85.10 and a 1-year high of $114.81. The company has a market cap of $47.353 billion and a price-to-earnings ratio of 21.54.
NIKE last released its earnings data on Thursday, December 20th. The company reported $1.14 earnings per share for the quarter, beating the analysts? consensus estimate of $1.00 by $0.14. The company had revenue of $5.96 billion for the quarter, compared to the consensus estimate of $5.99 billion. During the same quarter in 2011, the company posted $1.00 earnings per share. NIKE?s revenue was up 7.4% compared to the same quarter last year. Analysts expect that NIKE will post $5.24 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at ISI Group reiterated a ?buy? rating on shares of NIKE in a research note to investors on Friday. They now have a $120.00 price target on the stock, up previously from $100.00. Separately, analysts at JPMorgan Chase reiterated a ?neutral? rating on shares of NIKE in a research note to investors on Friday. They now have a $100.00 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of NIKE from $94.00 to $100.00 in a research note to investors on Friday. They now have a ?hold? rating on the stock.
NIKE, Inc. (NIKE) is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services.