Sunday, 3 November 2013

NIKE Inc. (NYSE:NKE) – Nike Golf’s Lightest Carry Bag Ever: The Nike Sport Lite

New bag weighs in at less than four pounds. Golfers are always striving to keep their numbers low, and Nike Golf designers took that same approach when it came to crafting the new Nike Sport Lite carry .

Nike, Inc. (NKE), with a current market cap of $67.71B, started trading this morning at $76.04.
A quick look at the market, the company’s traded between $75.14 to $76.25 and has traded between $44.83 and $76.89 over the past 12 months.

NKE shares are currently priced at 24.96x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 30.04x forward p/e ratio.

And for income investors, the company pays shareholders $0.84 per share annually in dividends, yielding 1.10%.

Consensus earnings for the current quarter by the 26 sell-side analysts covering the stock is an estimate of $0.58 per share, which would be $0.01 better than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $3.05 which would be a $0.36 improvement than last year’s full-year earnings. Read more : Nike, Inc. (NKE)

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