Nike (NKE) Gains As Market Dips: What You Should Know

Zacks11-28 06:45

In the latest trading session, Nike (NKE) closed at $78.34, marking a +0.94% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.38%. Meanwhile, the Dow experienced a drop of ...

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The stock outpaced the S&P 500's daily loss of 0.38%. Meanwhile, the Dow experienced a drop of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nike-nke-gains-market-dips-224505526.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4581","symbol_name":"高盛持仓","start_time":0,"source_url":"https://finance.yahoo.com/news/nike-nke-gains-market-dips-224505526.html","article_id":"2486387310","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/d6hN0_BhikrNdWTnix6fng--~B/aD03NDE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/7853de8d69faeccb7d1ad6ebba40b8a2"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486387310","pubTimestamp":1732747505,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"In the latest trading session, Nike  closed at $78.34, marking a +0.94% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.38%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw a decrease of 0.59%.Coming into today, shares of the athletic apparel maker had lost 1.01% in the past month. In that same time, the Consumer Discretionary sector gained 9.85%, while the S&P 500 gained 3.76%.Meanwhile, NKE's PEG ratio is currently 1.88. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Shoes and Retail Apparel industry held an average PEG ratio of 1.48.The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bot","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4581":"高盛持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4146":"鞋类","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0823411888.USD":"法巴消费创新基金 Cap","BK4558":"双十一","BK4534":"瑞士信贷持仓","BK4566":"资本集团","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","NKE":"耐克","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","BK4561":"索罗斯持仓"},"translate_title":"耐克(NKE)随着市场下跌而上涨：您应该知道什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NKE":1},"content_text":"In the latest trading session, Nike (NKE) closed at $78.34, marking a +0.94% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.38%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw a decrease of 0.59%.\nComing into today, shares of the athletic apparel maker had lost 1.01% in the past month. In that same time, the Consumer Discretionary sector gained 9.85%, while the S&P 500 gained 3.76%.\nInvestors will be eagerly watching for the performance of Nike in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on December 19, 2024. It is anticipated that the company will report an EPS of $0.64, marking a 37.86% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $12.18 billion, down 9.01% from the year-ago period.\nFor the annual period, the Zacks Consensus Estimates anticipate earnings of $2.75 per share and a revenue of $47.48 billion, signifying shifts of -30.38% and -7.55%, respectively, from the last year.\nInvestors should also take note of any recent adjustments to analyst estimates for Nike. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.\nEmpirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.\nThe Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% higher. Right now, Nike possesses a Zacks Rank of #4 (Sell).\nWith respect to valuation, Nike is currently being traded at a Forward P/E ratio of 28.27. This valuation marks a premium compared to its industry's average Forward P/E of 16.03.\nMeanwhile, NKE's PEG ratio is currently 1.88. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Shoes and Retail Apparel industry held an average PEG ratio of 1.48.\nThe Shoes and Retail Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 41, placing it within the top 17% of over 250 industries.\nThe strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.\nYou can find more information on all of these metrics, and much more, on Zacks.com.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNIKE, Inc. (NKE) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486387310"}