NIKE INC (NKE)

EARNINGS RELEASE THURSDAY- JUNE 27 (AMC)




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JUMP REPORT

Avg Daily Volume: 6,336,560    Market Cap: 131.1B 
Sector: Consumer Goods    Short Interest: 0.99

TARGET METRICS
NEWS
ANALYSIS / TRADE PLAN
OPTIONS
TARGET METRICS

EARNINGS EXPECTATIONS:  

     THIS QTR:   EPS:   .66/share    REV:  10,160/M
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     LAST QTR:  EPS:   .47/share    ACTUAL: .50/share  (BEAT)
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     NEXT QTR:  EPS:   .79/share     REV: 10,640/M
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     FULL YR:     EPS:   2.54/share     REV: 39,100/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS HISTORY: 67% OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -6.55, 10.01, -3.34

POTENTIAL JUMP MOVE:  10%

NEWS

Links To Latest News and Headlines

» Nike Near A Buy Point, But Is Dow Stock A Good Buy? What Earnings, Charts Say

27 Jun, 2019
@ 16:56
by Yahoo! Finance

Dow Jones stock Nike is testing a new buy point. But shares have lagged the broader market in recent months while earnings growth has cooled. Is the athletic apparel giant a good buy now?

» Nike Stock Near Buy Point But Flashing Weakness With Earnings Due

27 Jun, 2019
@ 16:24
by Yahoo! Finance

Nike earnings likely fell 4% in its Q4, but analysts expect 19% growth in the new fiscal year. Nike stock is near a buy point even as it lags the market.

» Nike earnings: Tariffs aren’t a threat to the athletic giant

27 Jun, 2019
@ 16:10
by Yahoo! Finance

Nike Inc. is scheduled to report fourth-quarter earnings on Thursday after the bell and analysts say business is running so smoothly even tariffs can’t knock the athletic giant off course.

» Just Don’t Worry About Trade? What China Means for Nike Earnings

27 Jun, 2019
@ 15:28
by Yahoo! Finance

How big of a part will China play in Nike’s upcoming fourth quarter earnings, which are expected after the bell. Action Alerts PLUS senior analyst Jeff Marks breaks it down.

» What to Watch in The Markets: Trump and Xi at G20, Boeing 737 Woes, and Nike

27 Jun, 2019
@ 15:10
by Yahoo! Finance

ActionAlertsPLUS Senior Portfolio Analyst Jeff Marks breaks down what investors should be watching in the markets, including: President Trump and Xi’s talks at G20, how Nike will break down the China impact …

ANALYSIS / TRADE PLAN

Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session. 

ANALYSIS:  

StockJumpers trajectory analysis reveals a positive market reaction to the release news, and we see the stocking popping on a beat. The only caution is the models do not show this as sustained and it may be better to take profit early. 

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OUR TRADE PLAN:

ENTRY:  BUY – end of day
STOP LOSS:  5%
INITIAL PROFIT TARGET:  7%
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UPDATE:  We remain biased long on this event.

POST RELEASE ACTION:   

OPTIONS

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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory. 

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