NIKE (NYSE:NKE) Receives “Neutral” Rating from Berenberg Bank

Berenberg Bank reaffirmed their neutral rating on shares of NIKE (NYSE:NKE) in a research report report published on Friday,MarketScreener Latest Ratings reports. The firm currently has a $70.00 price objective on the footwear maker’s stock.

A number of other equities research analysts have also recently issued reports on NKE. Morgan Stanley set a $72.00 price objective on NIKE and gave the stock a “positive” rating in a research note on Wednesday, October 1st. Weiss Ratings raised shares of NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Cowen raised shares of NIKE from a “hold” rating to a “buy” rating in a research report on Wednesday, September 10th. Barclays set a $64.00 target price on shares of NIKE and gave the company an “equal weight” rating in a report on Friday. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of NIKE in a report on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $78.14.

NIKE Trading Down 10.4%

Shares of NYSE:NKE opened at $58.80 on Friday. The company’s 50-day moving average price is $65.05 and its two-hundred day moving average price is $69.40. NIKE has a one year low of $52.28 and a one year high of $82.44. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.19 and a quick ratio of 1.45. The stock has a market capitalization of $86.91 billion, a PE ratio of 34.59, a price-to-earnings-growth ratio of 2.32 and a beta of 1.29.

NIKE (NYSE:NKE) last released its earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.16. NIKE had a return on equity of 18.61% and a net margin of 5.43%.The business had revenue of $12.43 billion for the quarter, compared to the consensus estimate of $12.19 billion. During the same quarter in the previous year, the business earned $0.78 earnings per share. NIKE’s quarterly revenue was up .6% on a year-over-year basis. On average, equities analysts forecast that NIKE will post 2.05 EPS for the current fiscal year.

NIKE Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 1st will be issued a dividend of $0.41 per share. This is a boost from NIKE’s previous quarterly dividend of $0.40. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Monday, December 1st. NIKE’s dividend payout ratio is presently 84.10%.

Insider Activity

In other news, Chairman Mark G. Parker sold 86,078 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $64.80, for a total value of $5,577,854.40. Following the transaction, the chairman owned 647,615 shares of the company’s stock, valued at approximately $41,965,452. This represents a 11.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Treasure Heinle sold 4,300 shares of NIKE stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $71.27, for a total value of $306,461.00. Following the sale, the executive vice president directly owned 29,396 shares of the company’s stock, valued at approximately $2,095,052.92. The trade was a 12.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On NIKE

Institutional investors have recently modified their holdings of the business. Mascoma Wealth Management LLC acquired a new stake in NIKE in the 2nd quarter worth about $26,000. Halbert Hargrove Global Advisors LLC increased its holdings in shares of NIKE by 952.6% during the second quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker’s stock worth $28,000 after purchasing an additional 362 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of NIKE in the second quarter valued at approximately $31,000. Matrix Trust Co boosted its stake in shares of NIKE by 53.1% in the second quarter. Matrix Trust Co now owns 441 shares of the footwear maker’s stock valued at $31,000 after buying an additional 153 shares during the period. Finally, Saudi Central Bank bought a new stake in shares of NIKE in the first quarter valued at approximately $30,000. Institutional investors own 64.25% of the company’s stock.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q2 beat on top and bottom line — Nike reported $12.4B in revenue and $0.53 EPS, both ahead of expectations, showing resilience in demand overall. Nike Beats on Earnings But Struggles in China and Faces Tariffs
• Positive Sentiment: North America strength and product wins — North American sales rose ~9% and running category grew ~20%, supporting the turnaround thesis for key categories. Nike’s China conundrum deepens
• Neutral Sentiment: Analyst mix — Some firms reaffirm buys (Guggenheim, Needham/Buys remain) while others cut price targets or mark to market; Berenberg reiterated neutral with a $70 PT. This leaves Street views mixed but not uniformly bearish. MarketScreener Latest Ratings
• Negative Sentiment: Tariff and margin pressure — Gross margin fell ~300 bps (to ~40.6%) and management flagged substantial tariff headwinds (reported ~$1.5B FY impact) and guidance for further margin contraction next quarter. Nike Plunges 11% As Tariffs, China Woes Cloud Outlook
• Negative Sentiment: China slump — Greater China sales plunged (~16–20% reported across outlets), with Chinese DTC digital revenue down sharply, raising concerns that Nike’s China playbook isn’t yet working. Nike is struggling to stay culturally relevant in China
• Negative Sentiment: Guidance and investor reaction — Management guided to low‑single‑digit revenue declines next quarter and warned of margin headwinds; markets focused on that guidance and tariffs, driving heavy selling and large intraday volume. Nike says turnaround plans are ‘in the middle innings’

About NIKE

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).