Stock FAQs

nike lost stock price

by Eden Kunde II Published 2 years ago Updated 2 years ago
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What is the Nike stock price for the last 52 weeks?

The NIKE 52-week high stock price is 179.10, which is 5.9% above the current share price. The NIKE 52-week low stock price is 125.44, which is 25.8% below the current share price. The average NIKE stock price for the last 52 weeks is 149.27. For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide.

What is the all-time high and low for Nike stock?

The all-time high NIKE stock closing price was 177.51 on November 05, 2021. The NIKE 52-week high stock price is 179.10, which is 5.9% above the current share price. The NIKE 52-week low stock price is 125.44, which is 25.8% below the current share price.

Will Nike stock hit $173 after analysts cut price target?

The analyst cut his price target on Nike stock by nearly $20 a share this morning, to $173. Nike is set to report its fiscal third-quarter 2022 numbers next week, after close of trading on March 21. The analyst, however, warns that the news might disappoint -- and the guidance might not be good, either.

How many shares of Nike stock were created after the split?

The newly created shares were distributed to shareholders after the closing bell on Wednesday, December 23rd 2015. An investor that had 100 shares of NIKE stock prior to the split would have 200 shares after the split.

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Why did Nike stock drop?

In an industry pressured by soaring inflation, Nike Inc. is suffering more than most as its exposure to the fallout from the war in Ukraine and supply-chain issues put its shares on track for their worst quarter since 2008.

Is it smart to buy Nike stock now?

The company has all the tools available to maintain stable success over the long run, all while developing an extensive runway for growth. Investors should take notice amid its recent pullback: Nike is now trading below its five-year average P/E multiple and may continue lingering at these levels for a bit.

Is Nike declining?

NIKE Direct fell 21% with soft revenues in both digital and owned stores. Retail traffic continued to be impacted by COVID-related lockdowns. However, traffic recovered to pre-pandemic levels at times in the quarter. Digital sales plunged 27% due to a delay in product launch timing on SNKRS.

What is Nike's highest stock price?

The latest closing stock price for NIKE as of July 22, 2022 is 109.12. The all-time high NIKE stock closing price was 177.51 on November 05, 2021.

Is Nike a safe stock?

The company is also highly profitable, with gross margins over the last decade that have registered in the mid-40s. Unfortunately, while the multiple positives associated with an investment in Nike mean the stock is a relatively safe long term investment, these truths are generally known by savvy investors.

Is Nike a good stock to buy 2022?

According to financial projections sourced from S&P Capital IQ, Nike is expected to achieve revenue and normalized EPS CAGRs of +9.9% and +17.7%, respectively for the FY 2022-2025 period. Wall Street also sees NKE generating a 48.6% gross profit margin and a 17.9% EBIT margin in FY 2025.

Should I sell Nike stock?

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIKE in the last year. There are currently 7 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NIKE stock.

Is Nike a good long term investment?

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.

Is Nike stock undervalued?

(NYSE:NKE) Suggests It's 20% Undervalued.

Is Nike going to split?

Nike (NYSE:NKE), the world's largest sporting-goods company, said Thursday that it will boost its dividend and plans a two-for-one stock split.

Does Nike pay a dividend?

From its 1985 to 2019 after adjusting for its stock splits, Nike paid out quarterly dividends ranging from 0.5 cents per share in 1985 to 88 cents per share in 2019. Over the past three years, Nike's dividend has increased by an average of 15.8% per year.

Who is Nike owned by?

4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.

Is Nike stock a buy or sell?

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NIKE in the last year. There are currently 6 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NIKE stock.

Will Nike stock go up?

Stock Price Forecast The 27 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 +19.12% increase from the last price of 109.13.

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.

Is Nike stock overpriced?

Considering the price multiples, again Nike is very overvalued since its multiples are far higher than those of its competitors in the same sector.

An HSBC analyst sounds the alarm on Nike's still-too-high stock price

What happened

I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.

So what

Shares of sportswear icon Nike ( NYSE:NKE) are crashing 4% as of 11 a.m. ET on Monday -- and yes, I suppose that with the S&P 500 down 1.9%, you could say the whole stock market is in the red today.

Now what

As The Fly reports today, an analyst at investment bank HSBC just cut his rating on Nike stock from buy to hold. Analyst Erwan Rambourg also trimmed the stock's price target to $182.

What is the dividend payout ratio of Nike?

The analyst thinks supply chain snarls that hurt consumer goods stocks in 2021 will continue into 2022, and Nike is not "out of the woods" on that yet. Additionally, currency exchange rates have "turned against the [consumer goods] sector," warns Rambourg.

What is Nike shoes?

NIKE does not yet have a strong track record of dividend growth. The dividend payout ratio of NIKE is 30.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NIKE will have a dividend payout ratio of 22.04% next year.

When did the 2-1 split happen?

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities; and various plastic products to other manufacturers. Further, it provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks; and action sports and youth lifestyle apparel and accessories under the Hurley trademark. Additionally, the company licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

The international athletic apparel company has a rough start to its new fiscal year

The 2-1 split was announced on Thursday, November 19th 2015. The newly minted shares were distributed to shareholders after the closing bell on Wednesday, December 23rd 2015. An investor that had 100 shares of NIKE stock prior to the split would have 200 shares after the split.

Nike is hit with supply chain difficulties

A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.

Nike's stock price dip is no surprise

In its first quarter that ended Aug. 31, Nike reported sales of $12.2 billion and earnings per share of $1.16. Meanwhile, analysts on Wall Street were expecting the company to report revenue of $12.46 and EPS of $1.12.

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