It does not tell us enough about the most important factors of stock ownership: future earnings and cash flows. Nike (NYSE: NKE) has a P/E ratio of around 65, so investors are currently paying 65 times the last 12 months' earnings per share to buy the stock.
Full Answer
What is Nike's (Nike) stock price expectations for next 12 months?
Their predictions range from $53.00 to $115.00. On average, they anticipate Nike's stock price to reach $97.05 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price.
What is the highest and lowest Nike stock price ever?
1 The all-time high NIKE stock closing price was 147.05 on January 11, 2021. 2 The NIKE 52-week high stock price is 147.95, which is 11.5% above the current share price. 3 The NIKE 52-week low stock price is 93.44, which is 29.6% below the current share price. 4 The average NIKE stock price for the last 52 weeks is 124.38.
How much of Nike's stock is owned by institutions?
64.38% of the stock of NIKE is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for NIKE are expected to grow by 29.54% in the coming year, from $3.69 to $4.78 per share.
What factors affect the stock market?
The political climate and social conditions in a country are also considerable factors that affect stock prices and the overall performance of the stock market. Prices of stocks tend to go down if there is political uncertainty or prolonged sociopolitical unrest because either of these two situations can become a precursor to an economic crisis.
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What was Nike's stock and or company value in August of 2018 before the commercial decision?
NKE - NIKE, Inc.DateOpenClose*Oct 01, 201885.1075.04Sep 01, 201879.3984.72Aug 31, 20180.2 DividendAug 01, 201876.5082.2038 more rows
What affects Nike stock?
Some of the things investors should be aware of that impact Nike's financial and its stock include currency fluctuations, consumer tastes, geopolitical tensions, new technology, and personnel among others.
Is NKE a buy or sell?
NIKE has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 22 buy ratings, 6 hold ratings, and no sell ratings.
How many times has NKE stock split?
Nike (NKE) has 6 splits in our Nike stock split history database.
Why did Nike stock decrease?
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.
Why are Nike stocks down?
The iconic sports brand is struggling to get output back to full strength. Nike (NKE 2.70%) is having a rough start to 2022. The stock is down 21% through the first two months, and the company is hampered with output disruptions due to the pandemic and its myriad consequences.
What is Nike price target?
Stock Price Target NKEHigh$195.00Median$160.50Low$125.00Average$162.29Current Price$120.95
Why should you invest in Nike?
From 2011 through 2021, Nike more than doubled annual revenue while more than tripling its yearly diluted earnings per share. Nike's focus on direct-to-consumer sales is serving investors well.
What are the predictions for Nike?
The 28 analysts offering 12-month price forecasts for Nike Inc have a median target of 150.00, with a high estimate of 195.00 and a low estimate of 115.00. The median estimate represents a +33.00% increase from the last price of 112.78.
What stocks will split in 2022?
Splits for June 2022Company (Click for Company Information)SymbolAnnouncement DateA-Mark Precious Metals Inc Company WebsiteAMRK5/10/2022Aikido Pharma Inc Company WebsiteAIKI6/6/2022Amazon.com Inc Company WebsiteAMZN3/10/2022Bombardier IncBBD_B:CA6/9/202238 more rows
Is a stock split good?
Stock splits are generally a sign that a company is doing well, meaning it could be a good investment. Additionally, because the per-share price is lower, they're more affordable and you can potentially buy more shares.
Which stock has the highest dividend?
9 highest dividend-paying stocks in the S&P 500:AT&T Inc. (T)Williams Cos. Inc. (WMB)Devon Energy Corp. (DVN)Oneok Inc. (OKE)Simon Property Group Inc. (SPG)Kinder Morgan Inc. (KMI)Vornado Realty Trust (VNO)Altria Group Inc. (MO)More items...
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 was the stock price of Nike on November 15th?
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%.
When did Nike increase its dividend?
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.
How much did Nike stock go up in 1995?
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.
How much did Nike make in 1981?
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.
What is the dividend payout ratio of Nike?
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.
What is Nike shoes?
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.
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