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NFTs are unique, one-of-a-kind digital tokens that can’t be interchanged. Valuation Ranking is most-useful for value-focused investors who plan to hold a stock for the long term. The Fundamental Ranking considers the health of the underlying company. In October 2019, the company announced that its chief executive officer Mark Parker, who led Nike since 2006, was stepping down, handing over the reins to John Donohoe.

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. It was on February 13th, 1997, when Nike stock price reached its then peak of $9.47. During the next 12 months, Nike stock price went through a tough period. Nike hit a stock price of $5.11 on February 13th, 1998, which represented a decrease of 46% in only one year. Nevertheless, patience started to pay off for investors in the 2000s, when the success story of Nike stock price regained momentum.

It focuses its NIKE Brand product offerings in categories such as Running, NIKE Basketball, the Jordan Brand, Football , Training and Sportswear. Company profileNIKE, Inc. is engaged in the designing, marketing and distributing of athletic footwear, apparel, equipment and accessories for sports and fitness activities. Traditional preferred stock, trust preferred securities, third-party trust certificates, convertible securities, mandatory convertible securities and other exchange-traded equity and/or debt securities. Criteria and inputs entered, including the choice to make security comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market.

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The footwear maker earns $5.73 billion in net income each year or $3.79 on an earnings per share basis. 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. Since 2004 our annual dividend rate has increased demonstrating the strength of our business and commitment to increasing shareholder value for our stockholders. Quarterly dividends on NIKE common stock, when declared by the Board of Directors, are paid on a calendar year basis on or about January 5, April 5, July 5 and October 5.

Average revenue growth has been 6.17% over the last 5 years. It represents a significant decline from teen growth rates that were the norm in the past. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Nike

Nike is the footwear market leader in China, with the popularity of the NBA in the country acting as a key tailwind. In the most recent quarter, Greater China sales rose 6% to $1.78 billion, led by digital sales and factory stores. Nike earnings growth has been strong recently, though there have been ups and downs.

The company calls itself a “growth company,” which is a strong message about its attitude and intention. If Nike can live by that motto and continue with the momentum, its investors will surely be pleased. The company had a market capitalization of $243.9 billion as of June 2021. The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company’s balance sheet.

The output start index for this execution was zero with a total number of output elements of zero. The company has Net Profit Margin of 13.32 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. In the same way, it shows Net Operating Margin of 17.24 %, which entails that for every 100 dollars of revenue, it generated 0.17 of operating income. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

• The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company’s balance sheet.
• Expecting this moment to retest it’s recent high @ 140 (also 38.2% fib retracement here) this week and could consolidate here a little before breaking higher eventually.
• NIKE, Inc. is a maker of athletic footwear, apparel, accessories and equipment.
• The highest, average, and lowest price target of all analysts.
• Nike’s dividend since 2004A growing dividend is an indication of a great business as growth comes alongside increased profits, confirming the quality of the business model.
• After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

If an investor is confident in the firm’s strategy to focus on digital, snatch share in women’s apparel and grow its international business, then it is worth adding to a stock watchlist. When Nike breaks out of its new base, then would be the time to buy shares. Last year, Nike stock sold off in the coronavirus stock market correction, but it rallied strongly. The liabilities and stockholders’ equity reports major classes and amounts of external claims on assets and owners’ capital contributions, and other internally generated sources of capital. Nike stock – revenue growth, net profit margins and net incomeNike’s net profit margin expanded from the high single digits in the 2000s to the low teens over the last few years.

Nke Stock Sentiment Analysis

It rewarded shareholders that bought in 1985 with more than 700 times their money. The 2-1 split was announced on Thursday, November 19th 2015. The newly issued 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 declared a quarterly dividend on Thursday, February 10th. Stockholders of record on Monday, March 7th will be paid a dividend of $0.305 per share on Friday, April 1st.

The company has focused on innovation and boosting margins, while its Nike Direct business has also been performing well. An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than nike brand net worth other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return.

Company Research Highlights® Report Pdf

Nike has 36.79% upside potential, based on the analysts’ average price target. The highest, average, and lowest price target of all analysts. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.713 by $0.157. It’s also worth noting the stock’sSchaeffer’s Volatility Scorecard sits at 97 out of 100, meaning the equity has exceeded option traders’ volatility expectations during the past year. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. In 2024, NKE is forecast to generate $92,268,224,087,905 in revenue, with the lowest revenue forecast at $89,328,615,307,909 and the highest revenue forecast at $94,520,631,564,887.

Sign-up to receive the latest news and ratings for NIKE and its competitors with MarketBeat’s FREE daily newsletter. The U.S. tax code allows some of the biggest company names in the country to not pay any federal corporate income taxes, costing the government billions. Yahoo Finance’s Rachelle Akuffo, Brad Smith, and David Briggs discuss Peloton raising its monthly fee while cutting the price of its equipment, J.P. The U.S. may still be the single biggest and most lucrative market on earth, but China is clearly where the growth is at. The fact that this nation of unique potentialities and challenges holds the keys… Strong online sales are helping the footwear giant overcome coronavirus-related disruptions.

Nike Inc Earnings

According to analysts’ consensus price target of $172.12, NIKE has a forecasted upside of 36.5% from its current price of $126.06. The Company designs, develops and markets footwear, apparel, equipment, and accessory products. On average, 10 Wall Street analysts forecast NKE’s revenue for 2023 to be $83,393,063,167,597, with the lowest NKE revenue forecast at $80,928,725,868,170, and the highest NKE revenue forecast at $85,808,884,363,491.

Stifel made the largest move, lowering its objective all the way down to $160 from $202. Coming into today, 19 of the 22 covering brokerages rated NKE a “buy” or better, while the 12-month consensus price target of $169.78 was a 35.6% premium to last night’s close. As with all your investments through Fidelity, you must make your own determination whether an investment is appropriate for you. Fidelity is not recommending or endorsing this security by making it available to customers. You should conduct research and perform a thorough investigation as to the characteristics of any securities you intend to purchase.

Is Value Investing, Dead Or Alive, Something For You?

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. The author, Sven Carlin Ph.D. is a professional stock market researcher at Sven Carlin Stock Market Research Platform where you can find full sector and country analyses, a value investing strategy and a long-term attitude. Buying something with a lofty valuation just because of good growth prospects is risky because the stock gets hit very hard if the growth expectations aren’t met and we have already seen Nike’s revenue slowing down. Plus, Visa is a business that I analyzedwhere the expected revenue growth is 15% per year but trades at a similar valuation to Nike’s. Real-time analyst ratings, insider transactions, earnings data, and more. NIKE has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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Shares of the sneaker king jumped on a blowout earnings report. You can change your financial future by learning from the success of Ronald Read.

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The FCFE valuation approach estimates the value of equity as the present value of future FCFE discounted at the required rate of return on equity. CAPM is a theory concentrated with deriving the expected rates of return on risky assets based on the assets’ systematic risk levels. Systematic risk is the variability of returns that is due to macroeconomic factors that affect all risky assets. Measures how efficiently Nike Inc. generates revenues from its investments in fixed or total assets.

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I focus on doing research and creating value, thus I publish things only during the last weekend of the month. To get the ONE SUMMARY EMAIL MONTHLY and pick the content that creates value for you, join my newsletter. Great businesses have high returns on employed capital and Nike’s returns are staggering. This might be counter intuitive, but a Nike’s stock low book value is another great business indicator.

Past performance is not a guarantee of future results, and a loss of original capital may occur. None of the information presented should be construed as an offer to sell or buy any particular security. Nike’s profitability indicators refer to fundamental financial ratios that showcase Nike’s ability to generate income relative to its revenue or operating costs.