Media stories about Nike (NYSE:NKE) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nike earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the footwear maker an impact score of 45.3458380429004 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

NKE has been the subject of several recent research reports. JPMorgan Chase & Co. set a $58.00 price target on Nike and gave the company a “neutral” rating in a research report on Tuesday, January 2nd. Goldman Sachs Group set a $62.00 price target on Nike and gave the company a “neutral” rating in a research report on Thursday, December 28th. Buckingham Research initiated coverage on Nike in a research report on Sunday, December 31st. They issued a “buy” rating and a $72.00 price target for the company. Bank of America set a $42.00 price target on Nike and gave the company a “sell” rating in a research report on Friday, December 22nd. Finally, Argus upgraded Nike from a “hold” rating to a “buy” rating and lifted their price target for the company from $50.35 to $64.46 in a research report on Thursday, December 14th. Two investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and twenty-one have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $64.94.

Shares of Nike (NYSE NKE) traded up $0.24 during mid-day trading on Tuesday, reaching $67.82. The company’s stock had a trading volume of 1,744,522 shares, compared to its average volume of 7,040,278. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.67 and a current ratio of 2.46. Nike has a 52-week low of $50.35 and a 52-week high of $68.64. The company has a market capitalization of $110,696.93, a price-to-earnings ratio of 29.43, a P/E/G ratio of 3.08 and a beta of 0.64.

Nike (NYSE:NKE) last issued its quarterly earnings results on Thursday, December 21st. The footwear maker reported $0.46 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.06. Nike had a return on equity of 31.64% and a net margin of 11.13%. The firm had revenue of $8.55 billion during the quarter, compared to analyst estimates of $8.39 billion. During the same quarter in the previous year, the company posted $0.50 earnings per share. The company’s revenue was up 4.6% compared to the same quarter last year. equities analysts expect that Nike will post 2.25 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Monday, December 4th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, December 1st. This represents a $0.80 annualized dividend and a yield of 1.18%. This is a positive change from Nike’s previous quarterly dividend of $0.18. Nike’s payout ratio is 34.63%.

In other news, Chairman Mark G. Parker sold 135,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $55.03, for a total value of $7,429,050.00. Following the completion of the sale, the chairman now owns 1,637,736 shares of the company’s stock, valued at approximately $90,124,612.08. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Eric D. Sprunk sold 226,040 shares of the business’s stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $63.10, for a total value of $14,263,124.00. Following the completion of the sale, the insider now directly owns 165,591 shares of the company’s stock, valued at approximately $10,448,792.10. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 967,896 shares of company stock valued at $60,257,267. Corporate insiders own 3.90% of the company’s stock.

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Nike Company Profile

NIKE, Inc is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The Company’s operating segments include North America, Western Europe, Central & Eastern Europe, Greater China, Japan and Emerging Markets. Its portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse.

Insider Buying and Selling by Quarter for Nike (NYSE:NKE)

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