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Nike (NKE)
NYSE:NKE
Nike (NKE) Stock Price & Analysis
17,508 Followers
NKE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$71.24 - $122.47
Previous Close$71.31
Volume20.78M
Average Volume (3M)13.29M
Market Cap
$107.64B
Enterprise Value$109.17B
Total Cash (Recent Filing)$10.57B
Total Debt (Recent Filing)$12.10B
Price to Earnings (P/E)19.1
Beta1.08
Next Earnings
Sep 24, 2024EPS Estimate
$0.54Last Dividend Ex-Date
Jun 03, 2024Dividend Yield1.97%
Share Statistics
EPS (TTM)3.73
Shares Outstanding1,509,358,807
10 Day Avg. Volume8,693,750
30 Day Avg. Volume13,286,646
Standard Deviation0.09
R-Squared0.42
Alpha-0.00494
Financial Highlights & Ratios
Price to Book (P/B)10.69
Price to Sales (P/S)9.18
Price to Cash Flow (P/CF)17.80
P/FCF Ratio19.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.82
Enterprise Value/Gross Profit4.90
Enterprise Value/Ebitda19.68
Forecast
1Y Price Target
$92.48Price Target Upside29.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering32
Nike News
PremiumStock Analysis & Ideas
Nike (NYSE:NKE) Was Caught Flat-Footed. The Stock Is Deeply Discounted
Bulls Say, Bears Say
Bulls Say
Digital GrowthNike Direct, especially Nike Brand Digital, continues to enjoy high growth momentum by leveraging on rising penetration via digital shopping that offers better convenience to customers.
Product InnovationManagement is seeing improved momentum in its performance business and is set to see benefits from accelerated innovation which is set to scale in F2H25.
Sales MomentumEarly indications from wholesale partners on the forward orderbook suggest better sales momentum is ahead for new product franchises which can continue to scale.
Bears Say
DemandManagement’s commentary regarding a more challenging demand backdrop in F4Q and into FY25, with NKE highlighting softer traffic, higher promotions in digital, and lower sales of classic footwear franchises.
EarningsNKE posted a weaker than expected F4Q result and meaningfully reduced its FY25 outlook.
StrategyNKE’s strategy continues to increase in uncertainty as the company embarks on three large-scale efforts to reset the business.
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Ownership Overview
1.73% Insiders
23.41% Mutual Funds
21.21% Other Institutional Investors
53.65% 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 $71.24 and its highest was $122.47 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 Sep 24, 2024 which is in 70 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 1.97%. See more information on Nike dividends here
What is Nike’s EPS estimate?
Nike’s EPS estimate is $0.54.
How many shares outstanding does Nike have?
Nike has 1,211,461,500 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 -19.981%.
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 954M.
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Nike Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$92.48 (29.69% Upside)
$92.48 (29.69% Upside)
Blogger Sentiment
Bullish
NKE Sentiment 75%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 6.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 14.5%
Last 30 Days ▲ 14.5%
News Sentiment
Bearish
Bullish news 29%
Bearish news 71%
Bearish news 71%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.99%
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
64.70% Footwear
27.03% Apparel
4.74% Converse
3.37% Equipment
0.11% Other
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NKE Stock 12 Month Forecast
Average Price Target
$92.48
▲(29.69% Upside)
Technical Analysis
Best Analysts Covering NKE
1 Year
1 Year Success Rate
19/23 ratings generated profit
1 Year Average Return
+26.28%
reiterated a sell rating 19 days ago
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