Analyst Observation On 2 Stocks: NIKE, Inc. (NKE), American Outdoor Brands Corporation (AOBC)

NIKE, Inc. (NYSE:NKE) was less active in the last trading session as around 7.52 million shares exchanged hands on Wall Street, representing a decrease from its normal capacity of 8.51 million shares. A 0.78% change after the initial price of $66.65, sent the closing price to $66.82.

NIKE, Inc. (NKE) Analyst Opinion

NIKE, Inc. has a consensus outperform rating from 35 Wall Street analysts, and the number of shares currently sold short amount to at least 1.98% of shares outstanding. The stock spiked 6.93% last month and is up 6.83 this year. Wall Street is only getting more bullish on the stock, with 21 of analysts who cover NKE having a buy-equivalent rating. Analysts have placed a $67.47 price target on NIKE, Inc., suggesting a 0.97% gain from recent close. It’s currently trading about -4.88% below its 52-week high.

NIKE, Inc. Earnings Surprise

NIKE, Inc. (NKE) surprised the stock market in its last reported earnings when it earned $0.46 a piece versus the consensus-estimated $0.4. Its revenue totaled $8.4 billion down -7.4% from the previous quarter.

NIKE, Inc. (NYSE:NKE) Intraday View

This stock (NKE) is ahead of its 52-week low with 32.71%. Its last month’s stock price volatility remained 1.49% which for the week stands at 2.11%. The share price has moved forward from its 20 days moving average, trading at a distance of 0.14% and stays 1.53% away from its 50 days moving average. Over the last five days, shares have managed 2.72% gains and now is up 14.28% since hitting its 200-day moving average of $59.6. NIKE, Inc. (NKE) has made its way to a 12-month gain of 18.41%.

Turning to American Outdoor Brands Corporation (NASDAQ:AOBC), its shares were trading at $10.62 a retreat of $-0.05, on the trading floor. The stock, after opening at $10.64, touched a high of $10.88 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. American Outdoor Brands Corporation has 2 buy ratings, 2 holds and 0 sells even after the stock tumbled -56.64% from its high of $24.49 to a $569.34 million market value through last close.

American Outdoor Brands Corporation (AOBC) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.14 to 2 during a month. Analysts set a 12-month price target of $12.17 a share. The target implies a 14.6% spike from where the shares are currently trading. Also, the current price highlights a discount of 88.32% to analysts’ high consensus price target.

American Outdoor Brands Corporation (NASDAQ:AOBC) Intraday Trading

The counter witnessed a trading volume of 1.45 million shares versus an average volume of 1.77 million shares during last trading session. Its last month’s stock price volatility remained 4.47% which for the week approaches 6.49%. The lowest price the stock reached in the last trading day was $10.35 and compares with the $8.32 52-week low. The stock recovered 27.64% since its low point and has performed -17.29% year-to-date.

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