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Nike (NKE)
NYSE:NKE
Holding NKE?
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NKE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$70.75 - $123.39
Previous Close$80.9
Volume15.07M
Average Volume (3M)15.22M
Market Cap
$121.31B
Enterprise Value$121.68B
Total Cash (Recent Filing)$11.58B
Total Debt (Recent Filing)$11.95B
Price to Earnings (P/E)21.6
Beta1.02
Next Earnings
Oct 01, 2024EPS Estimate
$0.52Last Dividend Ex-Date
Sep 03, 2024Dividend Yield1.8%
Share Statistics
EPS (TTM)3.73
Shares Outstanding1,499,358,944
10 Day Avg. Volume7,986,877
30 Day Avg. Volume15,220,747
Standard Deviation0.09
R-Squared0.34
Alpha-0.00788
Financial Highlights & Ratios
Price to Book (P/B)8.41
Price to Sales (P/S)2.35
Price to Cash Flow (P/CF)11.50
P/FCF Ratio12.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.37
Enterprise Value/Gross Profit5.32
Enterprise Value/Ebitda16.68
Forecast
1Y Price Target
$92.12Price Target Upside13.76% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering33
Nike News
Bulls Say, Bears Say
Bulls Say
Management ActionsCost reduction from recent restructuring actions.
Product InnovationLimited-edition new launches are landing well, showing that the Jordan brand still resonates with consumers.
Sales PerformancePotential upside in NA Direct-to-Consumer (DTC) sales.
Bears Say
Customer BehaviorNike's core customers, who remain committed to the brand, are less willing to buy goods at full price.
Market PerformanceThe Athletic Footwear and Apparel sector saw market capitalization decline from $409B in CY21 to $281B currently (-31%), with the profit pool of public companies declining from $17B to $14B (-18%).
Sales And DemandRecent supplier checks keep us cautious on NKE's top-line turnaround efforts. Suppliers continue to see cuts to orders for key franchises that NKE is attempting to cull (i.e. AJ1, AF1, Dunk) as demand from retailers declines.
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Ownership Overview
1.75% Insiders
23.92% Mutual Funds
41.58% Other Institutional Investors
32.76% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Nike
Desktop Users
Mobile Users
NKE FAQ
What was Nike’s price range in the past 12 months?
Nike lowest stock price was $70.75 and its highest was $123.39 in the past 12 months.
What is Nike’s market cap?
Currently, no data Available
When is Nike’s upcoming earnings report date?
Nike’s upcoming earnings report date is Oct 01, 2024 which is in 11 days.
How were Nike’s earnings last quarter?
Nike released its earnings results on Jun 27, 2024. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.838 by $0.172.
Is Nike overvalued?
According to Wall Street analysts Nike’s price is currently Undervalued.
Does Nike pay dividends?
Nike pays a Quarterly dividend of $0.37 which represents an annual dividend yield of 1.8%. See more information on Nike dividends here
What is Nike’s EPS estimate?
Nike’s EPS estimate is $0.52.
How many shares outstanding does Nike have?
Nike has 1,201,461,700 shares outstanding.
What happened to Nike’s price movement after its last earnings report?
Nike reported an EPS of $1.01 in its last earnings report, beating expectations of $0.838. Following the earnings report the stock price went down -19.974%.
Which hedge fund is a major shareholder of Nike?
Among the largest hedge funds holding Nike’s share is Fisher Asset Management LLC. It holds Nike’s shares valued at 733M.
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Nike Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$92.12 (13.76% Upside)
$92.12 (13.76% Upside)
Blogger Sentiment
Bullish
NKE Sentiment 78%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 1.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.99%
12-Months-Change
Fundamentals
Return on Equity
40.09%
Trailing 12-Months
Asset Growth
1.54%
Trailing 12-Months
Company Description
Nike
NIKE, Inc. is a maker of athletic footwear, apparel, accessories and equipment. It also sells athletic lifestyle sneakers, apparel and accessories under the Converse line. The company was founded by William Jay Bowerman and Philip H. Knight in 1964 and is headquartered in Beaverton, OR.
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NKE Earnings Call
Q4 2024
0:00 / 0:00
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NKE Revenue Breakdown
65.08% Footwear
26.82% Apparel
4.05% Converse
4.04% Equipment
0.09% Other
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NKE Stock 12 Month Forecast
Average Price Target
$92.12
▲(13.76% Upside)
Technical Analysis
Best Analysts Covering NKE
1 Year
1 Year Success Rate
19/24 ratings generated profit
1 Year Average Return
+23.77%
upgraded a buy rating last month
Copying Sam Poser's trades and holding each position for 1 Year would result in 79.17% of your transactions generating a profit, with an average return of +23.77% per trade.
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