Home / Street Sector / Short Call on Analysts Review: NIKE, Inc. (NYSE:NKE), Veritiv Corporation (NYSE:VRTV)

Short Call on Analysts Review: NIKE, Inc. (NYSE:NKE), Veritiv Corporation (NYSE:VRTV)

NIKE, Inc. (NYSE:NKE) [Trend Analysis] plunged reacts as active mover, shares a decrease -0.95% to traded at $51.10 and the percentage gap between open changing to regular change was -0.39%. The stock got a shaky start early morning on analyst’s remarks. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $0.43 for the NKE while maintaining high price target of 100 and average of 62.95, as reported by WSJ.

For the next year first quarter, analysts predicted EPS estimates trend of $0.61 which would leave an impact on the stock performance in coming months. In the ratings chart, 0 analysts gave ratings of underweight for the previous quarter while 1 gave underweight for current period. In addition, for the current month 10 number of analysts gave ratings for hold as compared to last month 12 number of analysts stood in same position. The overall pool of consensus ranking was for Overweight in current month as it was Overweight security in previous month.

The firm’s current ratio calculated as 2.70 for the most recent quarter. The firm past twelve months price to sales ratio was 2.60 and price to cash ratio remained 17.95. As far as the returns are concern, the return on equity was recorded as 30.60% and return on investment was 25.50% while its return on asset stayed at 17.80%. The firm has total debt to equity ratio measured as 0.17.

Veritiv Corporation (NYSE:VRTV) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -8.69% to $45.20.

 

The share price of VRTV attracts active investors, as stock price of week volatility recorded 5.82%. The stock is going forward to its 52-week low with 64.75% and lagging behind from its 52-week high price with -20.28%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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