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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$76.66
Volume13.58M
Average Volume (3M)11.31M
Market Cap
$114.12B
Enterprise Value$115.95B
Total Cash (Recent Filing)$10.29B
Total Debt (Recent Filing)$12.13B
Price to Earnings (P/E)22.0
Beta0.81
Next Earnings
Dec 19, 2024EPS Estimate
$0.65Next Dividend Ex-Date
Dec 02, 2024Dividend Yield1.93%
Share Statistics
EPS (TTM)3.49
Shares Outstanding1,488,495,736
10 Day Avg. Volume9,466,488
30 Day Avg. Volume11,306,087
Standard Deviation0.09
R-Squared0.35
Alpha-0.00974
Financial Highlights & Ratios
Price to Book (P/B)8.18
Price to Sales (P/S)2.25
Price to Cash Flow (P/CF)71.50
P/FCF Ratio102.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.32
Enterprise Value/Gross Profit5.07
Enterprise Value/Ebitda16.85
Forecast
1Y Price Target
$92.12Price Target Upside20.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering28
Nike News
Bulls Say, Bears Say
Bulls Say
Digital GrowthNike Direct, especially Nike Brand Digital, enjoyed high growth momentum by leveraging on rising penetration via digital shopping, offering better convenience to customers.
Management And LeadershipRehiring experienced executives like Elliot Hill and Tom Peddie indicates Nike is serious about its turnaround efforts.
Partnership PotentialPotential partnership with Amazon could be a game-changer for Nike, given Amazon's significant market share in US e-commerce.
Bears Say
Financial PerformanceNike expects revenue to fall 8-10%, with a decline in gross margin for the quarter.
Market ChallengesNike's exit from retail partners opened the door for share loss to high-heat brands, which may not be easy to regain.
Sales PerformanceNike brand digital sales declined 20% y/y; by geography, N.A. -15%, EMEA -24%, Greater China -34%, and APLA -15%.
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Ownership Overview
1.40% Insiders
20.11% Mutual Funds
21.92% Other Institutional Investors
34.89% 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 Dec 19, 2024 which is in 29 days.
How were Nike’s earnings last quarter?
Nike released its earnings results on Oct 01, 2024. The company reported $0.7 earnings per share for the quarter, beating the consensus estimate of $0.518 by $0.182.
Is Nike overvalued?
According to Wall Street analysts Nike’s price is currently Undervalued.
Does Nike pay dividends?
Nike pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 1.93%. See more information on Nike dividends here
What is Nike’s EPS estimate?
Nike’s EPS estimate is $0.65.
How many shares outstanding does Nike have?
Nike has 1,190,598,500 shares outstanding.
What happened to Nike’s price movement after its last earnings report?
Nike reported an EPS of $0.7 in its last earnings report, beating expectations of $0.518. Following the earnings report the stock price went down -6.765%.
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 (20.17% Upside)
$92.12 (20.17% Upside)
Blogger Sentiment
Bullish
NKE Sentiment 78%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 1.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.80%
12-Months-Change
Fundamentals
Return on Equity
37.98%
Trailing 12-Months
Asset Growth
2.94%
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
Q1 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
▲(20.17% Upside)
Technical Analysis
Best Analysts Covering NKE
1 Year
1 Year Success Rate
19/26 ratings generated profit
1 Year Average Return
+21.02%
reiterated a buy rating 2 months ago
Copying Sam Poser's trades and holding each position for 1 Year would result in 73.08% of your transactions generating a profit, with an average return of +21.02% per trade.
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