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Nike Guidance Is Here, And It's Not As Bad As We Thought
Friday, June 30, 2017 - 10:16am | 506Nike Inc (NYSE: NKE) reported an encouraging fiscal fourth-quarter earnings report after Thursday's market close, but as is the case with the footwear and apparel company, management only offers guidance during its post earnings conference call. But once management issued its full year guidance for...
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Nike Says Futures Orders Don't Matter; Some Analysts Agrees
Monday, May 15, 2017 - 10:40am | 386Most investors concern themselves with a few metrics companies report in their earnings print. The most common metrics include earnings per share revenue, same-store sales, margins and guidance. But in Nike Inc (NYSE: NKE)'s case investors are fixated on its futures orders. Nike discloses in...
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Nike's Sales Miss: Always Darkest Just Before The Dawn
Wednesday, March 22, 2017 - 11:16am | 313Nike Inc's (NYSE: NKE) disappointing earnings report isn't reason enough for Michael Binetti of UBS to throw in the towel. Binetti maintained a Buy rating on Nike's stock with a price target lowered to $63 from $67, although he did acknowledge a "sobering outlook" in the near...
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The Sell-Side Reaction To Nike's Q2
Thursday, December 22, 2016 - 10:21am | 500Shares of Nike Inc (NYSE: NKE) gained nearly 1 percent on Wednesday following its much anticipated second-quarter earnings results, which included top- and bottom-line beats. Here is a summary of how Wall Street analysts reacted to the print. Morgan Stanley Morgan Stanley's Jay Sole maintains an...
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Buckingham Research Reaffirms: Nike Is Still The Best Growth Story In Consumer
Friday, September 25, 2015 - 3:42pm | 344Shares of Nike Inc (NYSE: NKE) rose nearly 10 percent by Friday afternoon after the company reported its first-quarter results. Scott Krasik of Buckingham maintained a Buy rating on Nike with a price target raised to $140 from a previous $126. Krasik noted that Nike is still the best growth story...