Nike, Inc. (NKE)

$93.39

-0.79

(-0.84%)

Market is closed - opens 7 PM, 17 Jun 2024
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Nike Inc is a leading designer, marketer, and distributor of athletic footwear, apparel, and equipment.

Insights on Nike, Inc.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 13.38B → 12.42B (in $), with an average decrease of 7.2% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 1.57B → 1.17B (in $), with an average decrease of 25.7% per quarter

  • Vs CROX

    In the last 1 year, Crocs, Inc. has given 36.4% return, outperforming this stock by 53.3%

  • Vs CROX

    In the last 3 years, Crocs, Inc. has given 42.0% return, outperforming this stock by 70.3%

Performance

  • $93.37
    $94.73
    $93.39
    downward going graph

    0.02%

    Downside

    Day's Volatility :1.44%

    Upside

    1.41%

    downward going graph
  • $87.71
    $122.47
    $93.39
    downward going graph

    6.08%

    Downside

    52 Weeks Volatility :28.38%

    Upside

    23.74%

    downward going graph

Returns

PeriodNike, Inc.Sector (Consumer Discretionary)Index (NASDAQ Composite)
3 Months
-5.42%
0.2%
-0.3%
6 Months
-22.91%
-0.5%
3.4%
1 Year
-17.78%
7.0%
12.2%
3 Years
-28.38%
3.5%
12.5%

Highlights

Market Capitalization
142.2B
Book Value
$9.41
Dividend Share
1.42
Dividend Yield
1.58%
Earnings Per Share (EPS)
3.4
PE Ratio
27.47
PEG Ratio
2.03
Wall Street Target Price
100.55
Profit Margin
10.14%
Operating Margin TTM
10.75%
Return On Assets TTM
9.89%
Return On Equity TTM
36.38%
Revenue TTM
51.6B
Revenue Per Share TTM
33.83
Quarterly Revenue Growth YOY
0.3%
Gross Profit TTM
21.5B
EBITDA
6.9B
Diluted Eps TTM
3.4
Quarterly Earnings Growth YOY
-0.02
EPS Estimate Current Year
3.47
EPS Estimate Next Year
3.64
EPS Estimate Current Quarter
0.68
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Buy
    60%Buy
    32%Hold
    6%Sell
Based on 43 Wall street analysts offering stock ratings for Nike, Inc.(by analysts ranked 0 to 5 stars)
Based on 43 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
26
25
28
Hold
14
16
13
Sell
3
3
3

Analyst Forecast

What analysts predicted

Upside of 7.67%

Current $93.39
Target $100.55

Company Financials

FY18Y/Y Change
Revenue
36.4B
↑ 5.96%
Net Income
1.9B
↓ 54.41%
Net Profit Margin
5.31%
↓ 7.03%
FY19Y/Y Change
Revenue
39.1B
↑ 7.47%
Net Income
4.0B
↑ 108.43%
Net Profit Margin
10.3%
↑ 4.99%
FY20Y/Y Change
Revenue
37.4B
↓ 4.38%
Net Income
2.5B
↓ 36.98%
Net Profit Margin
6.79%
↓ 3.51%
FY21Y/Y Change
Revenue
44.5B
↑ 19.08%
Net Income
5.7B
↑ 125.56%
Net Profit Margin
12.86%
↑ 6.07%
FY22Y/Y Change
Revenue
46.7B
↑ 4.88%
Net Income
6.0B
↑ 5.57%
Net Profit Margin
12.94%
↑ 0.08%
FY23Y/Y Change
Revenue
51.2B
↑ 9.65%
Net Income
5.1B
↓ 16.14%
Net Profit Margin
9.9%
↓ 3.04%
Q4 FY22Q/Q Change
Revenue
13.3B
↑ 4.95%
Net Income
1.3B
↓ 9.33%
Net Profit Margin
10.0%
↓ 1.57%
Q1 FY23Q/Q Change
Revenue
12.4B
↓ 6.95%
Net Income
1.2B
↓ 6.84%
Net Profit Margin
10.01%
↑ 0.01%
Q2 FY23Q/Q Change
Revenue
12.8B
↑ 3.51%
Net Income
1.0B
↓ 16.85%
Net Profit Margin
8.04%
↓ 1.97%
Q3 FY23Q/Q Change
Revenue
12.9B
↑ 0.89%
Net Income
1.5B
↑ 40.64%
Net Profit Margin
11.21%
↑ 3.17%
Q4 FY23Q/Q Change
Revenue
13.4B
↑ 3.47%
Net Income
1.6B
↑ 8.83%
Net Profit Margin
11.79%
↑ 0.58%
Q1 FY24Q/Q Change
Revenue
12.4B
↓ 7.16%
Net Income
1.2B
↓ 25.73%
Net Profit Margin
9.43%
↓ 2.36%
FY18Y/Y Change
Total Assets
22.5B
↓ 3.11%
Total Liabilities
12.7B
↑ 17.25%
FY19Y/Y Change
Total Assets
23.7B
↑ 5.24%
Total Liabilities
14.7B
↑ 15.35%
FY20Y/Y Change
Total Assets
31.3B
↑ 32.15%
Total Liabilities
23.3B
↑ 58.66%
FY21Y/Y Change
Total Assets
37.7B
↑ 20.41%
Total Liabilities
25.0B
↑ 7.24%
FY22Y/Y Change
Total Assets
40.3B
↑ 6.84%
Total Liabilities
25.0B
↑ 0.27%
FY23Y/Y Change
Total Assets
37.5B
↓ 6.92%
Total Liabilities
23.5B
↓ 6.04%
Q4 FY22Q/Q Change
Total Assets
39.6B
↓ 3.51%
Total Liabilities
24.4B
↓ 3.53%
Q1 FY23Q/Q Change
Total Assets
38.3B
↓ 3.41%
Total Liabilities
23.8B
↓ 2.51%
Q2 FY23Q/Q Change
Total Assets
37.5B
↓ 1.99%
Total Liabilities
23.5B
↓ 0.99%
Q3 FY23Q/Q Change
Total Assets
36.8B
↓ 1.99%
Total Liabilities
22.8B
↓ 3.03%
Q4 FY23Q/Q Change
Total Assets
37.2B
↑ 1.13%
Total Liabilities
23.1B
↑ 1.06%
Q1 FY24Q/Q Change
Total Assets
37.4B
↑ 0.41%
Total Liabilities
23.1B
↑ 0.32%
FY18Y/Y Change
Operating Cash Flow
5.0B
↑ 36.13%
Investing Cash Flow
276.0M
↓ 127.38%
Financing Cash Flow
-4.8B
↑ 148.97%
FY19Y/Y Change
Operating Cash Flow
5.9B
↑ 19.13%
Investing Cash Flow
-264.0M
↓ 195.65%
Financing Cash Flow
-5.3B
↑ 9.47%
FY20Y/Y Change
Operating Cash Flow
2.5B
↓ 57.9%
Investing Cash Flow
-1.0B
↑ 289.39%
Financing Cash Flow
2.5B
↓ 147.06%
FY21Y/Y Change
Operating Cash Flow
6.7B
↑ 167.89%
Investing Cash Flow
-3.8B
↑ 269.65%
Financing Cash Flow
-1.5B
↓ 158.57%
FY22Y/Y Change
Operating Cash Flow
5.2B
↓ 22.07%
Investing Cash Flow
-1.5B
↓ 59.89%
Financing Cash Flow
-4.8B
↑ 231.46%
FY23Y/Y Change
Operating Cash Flow
5.8B
↑ 12.59%
Investing Cash Flow
564.0M
↓ 137.01%
Financing Cash Flow
-7.4B
↑ 53.99%
Q4 FY22Q/Q Change
Operating Cash Flow
1.0B
↑ 180.39%
Investing Cash Flow
191.0M
↓ 189.25%
Financing Cash Flow
-1.9B
↑ 36.54%
Q1 FY23Q/Q Change
Operating Cash Flow
2.2B
↑ 122.78%
Investing Cash Flow
160.0M
↓ 16.23%
Financing Cash Flow
-1.9B
↑ 1.46%
Q2 FY23Q/Q Change
Operating Cash Flow
2.3B
↑ 1.03%
Investing Cash Flow
427.0M
↑ 166.88%
Financing Cash Flow
-2.2B
↑ 12.13%
Q3 FY23Q/Q Change
Operating Cash Flow
-66.0M
↓ 102.93%
Investing Cash Flow
418.0M
↓ 2.11%
Financing Cash Flow
-1.6B
↓ 26.69%
Q4 FY23Q/Q Change
Operating Cash Flow
2.8B
↓ 4368.18%
Investing Cash Flow
457.0M
↑ 9.33%
Financing Cash Flow
-1.6B
↓ 2.94%

Technicals Summary

Sell

Neutral

Buy

Nike, Inc. is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Nike, Inc.
Nike, Inc.
1.77%
-22.91%
-17.78%
-28.38%
13.74%
Crocs, Inc.
Crocs, Inc.
10.54%
51.48%
42.77%
42.19%
779.44%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Nike, Inc.
Nike, Inc.
27.47
27.47
2.03
3.47
0.36
0.1
0.02
9.41
Crocs, Inc.
Crocs, Inc.
12.3
12.3
-31.83
12.64
0.62
0.14
NA
26.31
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Nike, Inc.
Nike, Inc.
Buy
$142.2B
13.74%
27.47
10.14%
Crocs, Inc.
Crocs, Inc.
Buy
$9.6B
779.44%
12.3
19.8%

Institutional Holdings

  • Vanguard Group Inc

    7.29%
  • BlackRock Inc

    5.91%
  • State Street Corporation

    3.70%
  • Geode Capital Management, LLC

    1.61%
  • Capital Research & Mgmt Co - Division 3

    1.56%
  • Morgan Stanley - Brokerage Accounts

    1.50%

Corporate Announcements

  • Nike, Inc. Dividends March,2024

    In the quarter ending March,2024. Nike, Inc. has declared dividend of $0.37

    Read More

Company Information

“Founded in 1964 by a track coach and his former student, Bill Bowerman, Nike is the world's most popular sport's brand. In the 21st century, this American brand has grown across the globe, with more than 300 stores and distributors in more than 30 countries. Over the years, the company has diversified its product line. Today, the company is involved in designing, developing, and marketing athletic footwear, apparel, equipment, and accessories. This was made possible through strategic acquisitions. The company acquired shoe manufacturers Cole Haan and Converse Inc in 1988 and 2003, respectively, and athletic apparel company Umbro in 2008. Later on, Nike launched Nike ACG (All conditions gear) to cater to extreme sports such as snowboarding and mountain biking. There are currently six different categories of Nike products, including running, soccer, training, and basketball. Its casual footwear brands include Nike, Jordan, and Converse. Almost two-thirds of its sales revenue comes from footwear. After the pandemic, the importance of staying fit became more significant in people's lifestyles. It was a major reason for its sales of approximately 3.5 billion dollars in 2020, a massive increase over previous years. Another thing that has contributed to its growth in sales has been its marketing strategy. A company prides itself in leaving a mark on audiences with its marketing ads. In addition, Nike was among the most popular brands, with over 1 million followers, on Tik Tok, a social media platform. With diversification, Nike also continually changes its business strategies, which has allowed it to maintain its leadership position in the market. An example of such a strategy was dealing directly with consumers by removing as many intermediaries as possible, thereby reducing its exposure to retail partners. The primary objective of Nike is to maintain and operate its shop with its salespeople and control the brand message. As it expands into more countries, this is something it hopes to achieve and maintain. Currently Nike, Inc. has a market cap of $146.92 Billion. It has a P.E ratio of 21.81. The shares of Nike, Inc. are trading at $93.39. ” .

Organization
Nike, Inc.
Employees
83700
CEO
Mr. Mark G. Parker
Industry
Consumer Non-Durables

FAQs