Is Nike a good stock to invest in?
Nike stock holds a mediocre IBD Composite Rating of 59. CAN SLIM connoisseurs prefer to invest in stocks with ratings of 95 or higher. The Stock Checkup Tool shows Nike earnings per share growth averaging 5% over the last three years.
Is Nike still a winning apparel stock?
Nike (NYSE:NKE) has long been associated with a winning attitude. And the stock, which has increased ... round out their knowledge of the sports apparel juggernaut that is Nike.
What can go wrong for Nike stock?
There are risks to Nike’s growth both in North America and overseas. In the U.S., in particular, investors seem reasonably sanguine. But another panic could lead stocks lower. And the 20%-plus decline in Nike stock from early October to mid-December shows that market-wide pressure can have a big impact.
How do I invest in Nike stock?
Research Nike stock
- Research Nike stock Maybe you’ve been wearing Nike Air since you were a teenager, or you wear Nike workout gear to the gym on the daily. ...
- Consider whether Nike stock fits in your portfolio Nike might be a household name, but that doesn't mean its shares are right for everyone's portfolio. ...
- Set a budget for Nike stock
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Is Nike stock a good stock to buy?
The global leader in athletic apparel is a market outperformer that can help investors sleep well at night. Over the trailing five- and 10-year periods, Nike's (NKE 0.46%) stock has produced stellar returns of 129% and 353%, respectively, handily beating the S&P 500.
Is Nike stock expected to rise?
Stock Price Forecast The 26 analysts offering 12-month price forecasts for Nike Inc have a median target of 130.00, with a high estimate of 185.00 and a low estimate of 106.00. The median estimate represents a +26.76% increase from the last price of 102.56.
Is Nike bullish or bearish?
Nike is trading above the 200-day simple moving average (SMA), which indicates overall sentiment is bullish.
Is Nike a buy or sell?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Is Nike a good long term stock?
Nike is a stock you'll want to buy and hold for the long term. The shares probably won't gain overnight. But Nike's earnings prospects look positive. These potentially strong earnings are likely to push the stock higher over time as they did in the past.
How high will Nike stock go?
Based on 24 Wall Street analysts offering 12 month price targets for Nike in the last 3 months. The average price target is $132.05 with a high forecast of $168.00 and a low forecast of $106.00. The average price target represents a 27.89% change from the last price of $103.25.
Is Nike overbought?
The resulting NKE RSI is a value that measures momentum, oscillating between "oversold" and "overbought" on a scale of zero to 100....As of date:6/24/2022NKE stock price:112.91NKE RSI:39.27
Is Nike bullish?
Nike Inc. (NKE) is an American athletic apparel and footwear brand.
Why did Nike stock rise?
Shares of Nike gained strong upside momentum after the company released its fiscal third quarter earnings report. The company reported revenue of $10.9 billion and GAAP earnings of $0.87 per share, beating analyst estimates on both earnings and revenue.
Is Nike doing a stock split?
Nike (NKE) has 6 splits in our Nike stock split history database. The first split for NKE took place on October 08, 1990. This was a 2 for 1 split, meaning for each share of NKE owned pre-split, the shareholder now owned 2 shares....NKE Split History TableDateRatio12/24/20152 for 15 more rows
What does the future look like for Nike?
The sports giant is now expecting 2022 revenue to hit over $50 billion, Chief Financial Officer Matt Friend said on a call with analysts. As with previous years, Nike is honing in on digital and DTC. The company is expecting to reach 50% digital — through its own channels and its partners — by 2025 (from 35% now).
What is the projected growth of Nike?
NKE - NIKE, Inc.Growth EstimatesNKEIndustryCurrent Year18.70%N/ANext Year18.20%N/ANext 5 Years (per annum)13.49%N/APast 5 Years (per annum)8.39%N/A2 more rows
Is Nike stock a Buy, Sell or Hold?
Nike stock has received a consensus rating of buy. The average rating score is and is based on 93 buy ratings, 5 hold ratings, and 1 sell ratings.
What was the 52-week low for Nike stock?
The low in the last 52 weeks of Nike stock was 103.50. According to the current price, Nike is 110.85% away from the 52-week low.
What was the 52-week high for Nike stock?
The high in the last 52 weeks of Nike stock was 179.10. According to the current price, Nike is 64.06% away from the 52-week high.
What are analysts forecasts for Nike stock?
The 99 analysts offering price forecasts for Nike have a median target of 160.80, with a high estimate of 221.00 and a low estimate of 104.00. The...
What is Nike valuation?
What is Nike Inc?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services.
How much is Nike worth in 2020?
is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services.
How many people does Nike employ in 2020?
In 2020 the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. Previously, in 2017, the Nike brand was valued at $29.6 billion. Nike ranked 89th in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
When did Nike start?
As of 2020, it employed 76,700 people worldwide.
Where is Nike located?
The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory.
What is a key stat?
The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area.
How much did Nike stock go up in 1995?
Key stats. A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services.
What was the stock price of Nike on November 15th?
The stock continued to perform well into the 1990s. By the end of 1994, the stock hit $2.33 and by December 1995, the stock had gone as high as $4.35. In just one year’s time, the stock’s value had increased by 87%. Growth was a constant.
When did Nike increase its dividend?
On November 15th, Nike stock price closed at a price of $56.63. This represents an increase of over 11% compared to the low on October 13th and a year over year increase of almost 13%.
How much did Nike make in 1981?
In November 2015 Nike announced it was increasing its dividend by 14%, and that its board had also approved a $12 billion share repurchase program and a two-for-one stock split. Nike stock price rocketed on the news. In 2017, the stock performed reasonably well.
1 Nike Inc (NKE) Stock Performance Graph In 2021
In 1981, its revenues reached almost $458 million. For comparison, back in 1972 Nike’s annual revenue was $2 million. From 1972 to 1981, NIKE Inc.’s net income grew at a pace of almost 100% per year. On IPO day Nike stock price closed at $0.18 on the first day of trade.
2 NKE Average Monthly Stock Prices In 2021
Below is the stock price graph for NKE for the year 2021. A graph like this looks simple but serves an important purpose. You will see the purpose after observing the chart.
3 NKE Average Weekly Price Performance In 2021
This section contains the graph and data for monthly average prices of Nike Inc (NKE) stock till 12-31-2021. (Also you will find volume information.)
4 Nike Inc (NKE) Stock Returns 2021
Now you will find the bar chart and data for weekly average prices of Nike Inc (NKE) stock till 12-31-2021.
6 Nike Inc (NKE) Dividends In 2021?
Note: We are planning to update this report every month or so. Do not forget to bookmark and visit this page every month.
7 Highest Daily, Weekly and Monthly Performances Of NKE Stock in 2021
Are you one of those willing to invest in dividend paying stocks? If so this section will help you. Did NKE pay dividends in 2021?
8 Lowest Daily, Weekly and Monthly Performances Of NKE Stock in 2021
02 months have passed since the start of 2021. At this juncture, you may be interested to know the best daily, weekly and monthly prices of NKE stock.
Nike Relative Risk vs. Return Landscape
The previous section highlighted the highest price performances. Now let us check the lowest prices.
Nike Market Risk Analysis
If you would invest 16,772 in Nike Inc on November 25, 2021 and sell it today you would lose (2,953) from holding Nike Inc or give up 17.61% of portfolio value over 90 days. Nike Inc is generating negative expected returns assuming volatility of 1.6581% on return distribution over 90 days investment horizon.
About Nike Performance
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nike's investment risk.
Things to note about Nike Inc
To evaluate Nike Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook.
Nike Alerts
Checking the ongoing alerts about Nike for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nike Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Complementary Tools for Nike Stock analysis
Additionally, see Stocks Correlation. Note that the Nike Inc information on this page should be used as a complementary analysis to other Nike's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio.
Supply issues
When running Nike Inc price analysis, check to measure Nike's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nike is operating at the current time.
Quarterly earnings report
The company’s supply chain has been problematic since mid-2021 because many of the Vietnamese factories where Nike makes its goods either closed or were hit by labour shortages due to a surge in the Covid-19 Delta variant.
Cause for concern
Nike’s second-quarter earnings report, which came out on 20 December, was mixed news for the Nike stock forecast. Revenue grew by only 1% on a year-on-year basis to $11.4bn, as the company continued to manage supply chain challenges.
Markets respond
Donohoe referred to “structural tailwinds” that favour the company: these tailwinds, he said, include a larger movement for health and fitness, consumers’ desire to wear athletic apparel and footwear all the time, and the ever-expanding definition of sport. The company, he said, is in a stronger competitive position than it was 18 months ago.
Nike stock forecast
When the markets closed on 20 December, the Nike stock price of $156.98 showed a 2.7% drop from the previous week’s close. It was also $20 lower than the 52-week high of $177.51 achieved on 5 November.
Further reading
When it comes to an actual Nike share price forecast, however, experts seem pretty optimistic.
How To Calculate Return On Equity?
The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com Bel LLC or its partners.
What Is The Relationship Between ROE And Earnings Growth?
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
Is NIKE Using Its Retained Earnings Effectively?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company’s earnings growth potential.
Conclusion
Despite having a moderate three-year median payout ratio of 34% (implying that the company retains the remaining 66% of its income), NIKE's earnings growth was quite low. So there could be some other explanation in that regard. For instance, the company's business may be deteriorating.
NIKE, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Results
On the whole, we feel that NIKE's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth.
Fourth Quarter Income Statement Review
BEAVERTON, Ore., June 24, 2021 — NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2021 fourth quarter and full year ended May 31, 2021
Fiscal 2021 Income Statement Review
Revenues for NIKE, Inc. rose 96 percent to $12.3 billion, up 88 percent on a currency-neutral basis, largely driven by the recovery of our business operations due to the impact of COVID-19 in the prior year.
May 31, 2021 Balance Sheet Review
Revenues for the NIKE Brand were $42.3 billion, up 17 percent on a currency-neutral basis, driven by growth across NIKE Direct and wholesale, double-digit growth across footwear and apparel, with growth led by Sportswear and the Jordan Brand.
Shareholder Returns
Inventories for NIKE, Inc. were $6.9 billion, down 7 percent compared to the prior year period, driven by strong consumer demand as we return to healthy inventory levels across markets closed in the prior year due to COVID-19.
Conference Call
NIKE has a strong track record of investing to fuel growth and consistently increasing returns to shareholders through dividends and share repurchases, including 19 consecutive years of increasing dividend payouts. In fiscal 2021, the Company returned approximately $2.3 billion to shareholders, including:
About NIKE, Inc
NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 24, 2021, to review fiscal fourth quarter and full year results. The conference call will be broadcast live via the Internet and can be accessed at I nvestors.Nike.com.
