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Nike (DE:NKE)
XETRA:NKE
Nike (NKE) Stock Price & Analysis
47 Followers
NKE Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€82.00 - €111.78
Previous Close€86.41
Volume1.94K
Average Volume (3M)7.53K
Market Cap
€129.42B
Enterprise Value€130.83B
Total Cash (Recent Filing)$10.57B
Total Debt (Recent Filing)$12.10B
Price to Earnings (P/E)27.5
Beta0.88
Next Earnings
Jun 27, 2024EPS Estimate
€0.79Next Dividend Ex-Date
Jun 03, 2024Dividend Yield1.53%
Share Statistics
EPS (TTM)3.14
Shares Outstanding1,509,358,807
10 Day Avg. Volume5,959
30 Day Avg. Volume7,532
Standard Deviation0.08
R-Squared0.08
Alpha0.00442
Financial Highlights & Ratios
Price to Book (P/B)10.20
Price to Sales (P/S)8.42
Price to Cash Flow (P/CF)17.00
P/FCF Ratio18.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.38
Enterprise Value/Gross Profit5.87
Enterprise Value/Ebitda23.30
Forecast
1Y Price Target
€102.97Price Target Upside21.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Nike News
Bulls Say, Bears Say
Bulls Say
Brand And Product StrategyNike's dedication to innovation and product quality positions the brand for a resurgence, mirroring the growth experienced in previous years.
Digital Growth StrategyNike's aggressive push toward digital sales, aiming for 50% digital penetration, underscores its commitment to market leadership and innovative consumer engagement.
Financial PerformanceRecent earnings outperformance, highlighted by robust revenue growth and operating margin expansion, signals Nike's strong financial health and potential for stock appreciation.
Bears Say
Brand Perception & Resale MarketThe resale premium for Nike products has declined over time, with the Air Max DN trading at only a +5-10% premium post-launch, indicating a loss of brand allure and potential negative impact on consumer demand.
Financial OutlookAnalyst's price target for NKE is lowered to $114 from $142, reflecting reduced expectations for sales and merchandise margin recovery, which could negatively influence investor sentiment and stock value.
Product PerformanceThe AirMax DN has been labeled a 'dud' by retailers and is not indicative of a Nike comeback, suggesting a lackluster product performance that could lead to decreased sales and revenue.
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Ownership Overview
1.73% Insiders
23.27% Mutual Funds
41.98% Other Institutional Investors
33.01% Public Companies and
Individual Investors
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 €82.00 and its highest was €111.78 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 Jun 27, 2024 which is in 43 days.
How were Nike’s earnings last quarter?
Nike released its earnings results on Mar 21, 2024. The company reported €0.906 earnings per share for the quarter, beating the consensus estimate of €0.698 by €0.208.
Is Nike overvalued?
According to Wall Street analysts Nike’s price is currently Undervalued.
Does Nike pay dividends?
Nike pays a Quarterly dividend of €0.34 which represents an annual dividend yield of 1.53%. See more information on Nike dividends here
What is Nike’s EPS estimate?
Nike’s EPS estimate is €0.79.
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 €0.906 in its last earnings report, beating expectations of €0.698. Following the earnings report the stock price went down -7.658%.
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 1B.
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Nike Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€102.97 (21.33% Upside)
€102.97 (21.33% Upside)
Blogger Sentiment
Bullish
DE:NKE Sentiment 78%
Sector Average 66%
Sector Average 66%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.75%
12-Months-Change
Fundamentals
Return on Equity
36.38%
Trailing 12-Months
Asset Growth
-2.45%
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
Q3 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
€102.97
▲(21.33% Upside)
Technical Analysis
Best Analysts Covering NKE
1 Year
1 Year Success Rate
17/22 ratings generated profit
1 Year Average Return
+24.62%
reiterated a sell rating last month
Copying Sam Poser's trades and holding each position for 1 Year would result in 77.27% of your transactions generating a profit, with an average return of +24.62% per trade.
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