Citigroup on Nike (NKE): We Feel Better Today Than We Did Yesterday

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FBR Capital Reiterates Market Perform on Nike (NKE) Following 2Q Results

December 21, 2016 6:54 AM EST

FBR Capital reiterated a Market Perform rating and $55.00 price target on Nike (NYSE: NKE) following the company's 2Q earnings report. EPS of $0.50 was came in ahead of the consensus estimate of $0.44. Revenue growth of +6.4% beat consensus estimates of +5.3%. Demand creation decreased 1% in line
with plan following significant 1Q investments in the Olympics and Euro Cup.

Analyst Susan Anderson commented, "NIKE reported... More

B. Riley Not Surprised By Nike (NKE) Q2 Report But Expresses Concern Regarding 'Futures Softness'

December 21, 2016 6:22 AM EST

B. Riley's Mitch Kummetz maintains his Neutral recommendation on Nike (NYSE: NKE) and keeps his PT at $56. Kummetz says Nike's weak futures orders suggest the company is losing market share and says the company's share loss "is less about NKE isn't doing and more... More

Nike (NKE) PT, Estimates Raised at Susquehanna as Business Improves

December 21, 2016 6:12 AM EST

Susquehanna analyst Sam Poser reiterated a Positive rating and bumped estimates and his price target on Nike (NYSE: NKE) to $64.00 (from $63.00) following Q2 results which he said reflects the strength of a well managed growing brand. Poser said future orders are less indicative of growth now than in the past. New product initiatives across merchandise categories, and the NBA partnership position Nike well for the balance of FY17 and... More

Brean Capital Remains Believers On Nike's (NKE) Long-Term Innovation

December 21, 2016 6:05 AM EST

Brean Capital analyst Eric Tracy maintains a Hold on Nike (NYSE: NKE) following a "mixed quality 2Q" and says near-term EPS catalysts remain limited outside of some possible benefits from cost cutting to SG&A.

Tracy remains positive on Nike's longer-term story-line... More

Nike (NKE) Q2 Exceeds Expectations, Analysts Share Mixed Interpretation Of N. American Sales

December 21, 2016 5:55 AM EST

Tuesday evening Nike (NYSE: NKE) reported $0.50 per share in Q2 compared to consensus expectations of $0.43. The top-line exceeded expectations at $8.18 billion in revenue versus analysts expectations of $8.09 billion.

Barclays analyst Matthew McClintock maintains his Outperform rating and his $65 PT citing the potential for Nike to "return to a path of... More

Nike (NKE) Tops Q2 EPS by 7c

December 20, 2016 4:16 PM EST

Nike (NYSE: NKE) reported Q2 EPS of $0.50, $0.07 better than the analyst estimate of $0.43. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.09 billion.

Gross margin contracted 140 basis points to 44.2 percent.

The effective tax rate was 24.4 percent, compared to... More