NKE

NIKE, Inc. [NKE] Stock Forecast

Q: What is NIKE, Inc. stock symbol ?

NIKE, Inc. is a US stock, located in Beaverton of Or and trading under the symbol NKE

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?

NKE Stock Summary

Earnings have grown 9.65% per last year.

Earnings are expected to rise 1.74% next year

NKE's dividend payments are well covered by cash flows with cash payout ratio of 41.04%.

NKE has more than 6 years of cash runway (79 months)

EPS has been decreasing for the past 3 quarters (Quarter statements)

An RSI reading of 30 or below indicates an oversold or undervalued condition.

Top 10 Correlated ETFs

NKE

Top 10 Correlated Stocks

NKE

In the News

02:00 26 Sep 2023 NKE

Costco, Nike, and More Stocks to Watch This Week

Earnings reports from Costco, Cintas, Micron, Accenture, CarMax, Nike, and Carnival. Plus, core PCE inflation data, consumer confidence, and more.

07:32 26 Sep 2023 NKE

3 Quarterly Releases to Watch Next Week

So far, we've had a few S&P 500 companies reveal quarterly results, but the sample size is too small to draw any conclusions from.

05:21 26 Sep 2023 NKE

Diving Back Into A Correction: Watchlists, Nike Earnings, Coal Stocks, Housing Data

The Fed helped trigger a risk-off mode heading into the final week of September. Nike earnings headline the coming week's calendar.

05:17 26 Sep 2023 NKE

Analyzing the Fed & Current Earnings Expectations

We see the seemingly hawkish Fed posture as nothing more than an insurance policy that will come in handy should the recent favorable momentum on the inflation front start stalling.

12:01 26 Sep 2023 NKE

NIKE (NKE) to Post Q1 Earnings: Will Costs Mar Sturdy Sales?

NIKE's (NKE) Q1 results are expected to reflect gains from brand strength, robust consumer demand and an innovative product pipeline. Soft margins are expected to be headwinds.

09:48 26 Sep 2023 NKE

Here are the 13 stocks Jim Cramer is watching, including Amazon, Oracle and Nike

Here are some of the tickers on my radar for Friday, Sept. 22, taken directly from my reporter's notebook.

05:31 26 Sep 2023 NKE

1 Hot Growth Stock to Buy on the Dip

Crocs recently hiked its earnings and sales outlook. The Hey Dude franchise is under short-term pressure as retailers scale back on inventory holdings.

10:45 26 Sep 2023 NKE

Nike Is 20% Down YTD, but Can It Run Again?

Shares of Nike fell for a third consecutive trading session on Tuesday, bringing its year-to-date losses to over 20%.

02:37 26 Sep 2023 NKE

Morgan Stanley removes position in Nike: What you need to know

The "Halftime Report" traders debate the biggest analyst calls of the day

08:19 26 Sep 2023 NKE

3 Dow Stocks That Should Be on Every Investor's Radar This Fall

We're in the midst of a bull market, albeit one that has been rather sluggish at times. And often, in bull markets, it's better to buy high-flying, riskier growth stocks than the blue-chip names like those in the Dow Jones Industrial Average.

NKE Financial details

Company Rating

Strong Buy

Market Cap

139B

Income

5.07B

Revenue

51.22B

Book val./share

9.11

Cash/share

6.95

Dividend

1.36

Dividend %

1.5%

Employees

83.7K

Optionable

Yes

Shortable

Yes

Earnings

28 Sep 2023

P/E

27.53

Forward P/E

PEG

-18.5

P/S

2.71

P/B

9.97

P/C

P/FCF

28.53

Quick Ratio

1.6

Current Ratio

2.72

Debt / Equity

0.87

LT Debt / Equity

0.84

EPS (TTM)

3.26

EPS next Y

EPS next Q

1.31

EPS this Y

-14.62%

EPS next Y

EPS next 5Y

-0.92%

EPS last 5Y

5.1%

Revenue last 5Y

5.54%

Revenue Q/Q

3.51%

EPS Q/Q

-16.25%

SMA20

-7.92%

SMA50

-13.08%

SMA100

-26.19%

Inst Own

64.62%

Inst Trans

ROA

14%

ROE

34%

ROC

0.18%

Gross Margin

44%

Oper. Margin

10%

Profit Margin

10%

Payout

40%

Shs Outstand

1.53B

Shs Float

1.21B

Target Price

141.96

52W Range

82.22-131.31

52W High

-31.05%

52W Low

+10.15%

RSI

Rel Volume

0.87

Avg Volume

7.47M

Volume

6.47M

Perf Week

-6.17%

Perf Month

-16.09%

Perf Quarter

-26.98%

Perf Half Y

-25.18%

Beta

1.12033

Volatility

1.96%, 4.45%

Prev Close

-0.58%

Price

90.3211

Change

-1.37%

NKE Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-05-31

Metric	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Revenue per share	24.76	23.99	28.31	29.59	33.01
Net income per share	2.55	1.63	3.64	3.83	3.27
Operating cash flow per share	3.74	1.59	4.23	3.29	3.76
Free cash flow per share	3.03	0.9	3.79	2.81	3.14
Cash per share	2.95	5.64	8.57	8.23	6.88
Book value per share	5.72	5.17	8.12	9.68	9.03
Tangible book value per share	5.45	4.85	7.79	9.32	8.67
Share holders equity per share	5.72	5.17	8.12	9.68	9.03
Interest debt per share	1.73	8.41	8.31	7.87	7.64
Market cap	121.86B	155.16B	211.58B	187.64B	163.32B
Enterprise value	120.87B	159.83B	214.51B	191.69B	168.02B
P/E ratio	30.25	61.11	36.95	31.04	32.21
Price to sales ratio	3.12	4.15	4.75	4.02	3.19
POCF ratio	20.64	62.44	31.78	36.17	27.96
PFCF ratio	25.47	110.91	35.49	42.36	33.52
P/B Ratio	13.48	19.26	16.57	12.28	11.66
PTB ratio	13.48	19.26	16.57	12.28	11.66
EV to sales	3.09	4.27	4.82	4.1	3.28
Enterprise value over EBITDA	25.33	51.31	30.92	28.72	28.41
EV to operating cash flow	20.48	64.32	32.22	36.95	28.77
EV to free cash flow	25.27	114.25	35.98	43.27	34.49
Earnings yield	0.03	0.02	0.03	0.03	0.03
Free cash flow yield	0.04	0.01	0.03	0.02	0.03
Debt to equity	0.38	1.62	1	0.83	0.87
Debt to assets	0.15	0.42	0.34	0.31	0.32
Net debt to EBITDA	-0.21	1.5	0.42	0.61	0.8
Current ratio	2.1	2.48	2.72	2.63	2.72
Interest coverage	-5.41	22.43	23.44	-28.46	-17.68
Income quality	1.47	0.98	1.16	0.86	1.15
Dividend Yield	0.01	0.01	0.01	0.01	0.01
Payout ratio	0.33	0.57	0.29	0.3	0.4
Sales general and administrative to revenue	0.23	0.25	0.22	0.23	0.24
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.02	0.02	0.01	0.01	0.01
Capex to operating cash flow	-0.19	-0.44	-0.1	-0.15	-0.17
Capex to revenue	-0.03	-0.03	-0.02	-0.02	-0.02
Capex to depreciation	-1.55	-0.97	-0.87	-0.9	-1.13
Stock based compensation to revenue	0.01	0.01	0.01	0.01	0.01
Graham number	18.12	13.76	25.79	28.88	25.76
ROIC	0.27	0.07	0.18	0.17	0.14
Return on tangible assets	0.17	0.08	0.15	0.15	0.14
Graham Net	-2.53	-5.62	-3	-2.74	-3.56
Working capital	8.66B	12.27B	16.62B	17.48B	15.95B
Tangible asset value	8.6B	7.56B	12.26B	14.71B	13.45B
Net current asset value	1.85B	-2.73B	1.32B	3.17B	1.68B
Invested capital	0.38	1.62	1	0.83	0.87
Average receivables	3.89B	3.51B	3.61B	4.57B	4.4B
Average payables	2.45B	2.43B	2.54B	3.1B	3.11B
Average inventory	5.44B	6.49B	7.11B	7.64B	8.44B
Days sales outstanding	39.86	26.83	36.58	36.47	29.44
Days payables outstanding	44.05	38.77	42.12	48.58	36.12
Days of inventory on hand	94.81	127.07	101.79	121.81	106.68
Receivables turnover	9.16	13.61	9.98	10.01	12.4
Payables turnover	8.29	9.41	8.67	7.51	10.11
Inventory turnover	3.85	2.87	3.59	3	3.42
ROE	0.45	0.32	0.45	0.4	0.36
Capex per share	-0.71	-0.7	-0.44	-0.48	-0.62

Quarterly Fundamentals Overview

Last date of statement is 2023-05-31 for Q4

Metric	2022-05-31	2022-08-31	2022-11-30	2023-02-28	2023-05-31
Revenue per share	7.78	8.1	8.54	8.03	8.35
Net income per share	0.92	0.94	0.85	0.8	0.67
Operating cash flow per share	0.73	0.23	0.64	1.44	1.47
Free cash flow per share	0.58	0.06	0.49	1.31	1.29
Cash per share	8.27	7.58	6.81	7	6.95
Book value per share	9.72	10.1	9.8	9.41	9.11
Tangible book value per share	9.36	9.74	9.44	9.05	8.75
Share holders equity per share	9.72	10.1	9.8	9.41	9.11
Interest debt per share	8.01	8.03	8.04	8.1	7.89
Market cap	186.83B	166.82B	171.01B	183.39B	161.73B
Enterprise value	190.89B	172.18B	177.04B	189B	166.43B
P/E ratio	32.46	28.41	32.12	36.97	39.22
Price to sales ratio	15.27	13.15	12.84	14.8	12.61
POCF ratio	162.32	467.28	170.84	82.24	71.79
PFCF ratio	205.54	1.79K	223.54	90.34	81.52
P/B Ratio	12.23	10.54	11.2	12.62	11.55
PTB ratio	12.23	10.54	11.2	12.62	11.55
EV to sales	15.6	13.57	13.3	15.25	12.98
Enterprise value over EBITDA	130.03	101.58	111.56	133.85	136.31
EV to operating cash flow	165.84	482.3	176.86	84.75	73.87
EV to free cash flow	209.99	1.85K	231.43	93.1	83.89
Earnings yield	0.01	0.01	0.01	0.01	0.01
Free cash flow yield	0	0	0	0.01	0.01
Debt to equity	0.83	0.8	0.82	0.86	0.87
Debt to assets	0.31	0.31	0.32	0.33	0.32
Net debt to EBITDA	2.76	3.17	3.8	3.97	3.85
Current ratio	2.63	2.64	2.69	2.73	2.72
Interest coverage	-29.3	-118.08	79.25	-19.51	-39.4
Income quality	0.8	0.24	0.75	1.8	2.19
Dividend Yield	0	0	0	0	0
Payout ratio	0.33	0.33	0.36	0.43	0.51
Sales general and administrative to revenue	0.24	0.23	0.23	0.21	0.26
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.01	0.01	0.01	0.01	0.01
Capex to operating cash flow	-0.21	-0.74	-0.24	-0.09	-0.12
Capex to revenue	-0.02	-0.02	-0.02	-0.02	-0.02
Capex to depreciation	-0.82	-1.65	-0.74	-1.39	-1.14
Stock based compensation to revenue	0.01	0.01	0.01	0.02	0.02
Graham number	14.15	14.59	13.72	13.04	11.73
ROIC	0.04	0.04	0.03	0.04	0.03
Return on tangible assets	0.04	0.04	0.03	0.03	0.03
Graham Net	-2.76	-3.09	-3.22	-3.32	-3.6
Working capital	17.48B	17.96B	17.25B	16.49B	15.95B
Tangible asset value	14.71B	15.26B	14.71B	13.97B	13.45B
Net current asset value	3.17B	3.61B	3.07B	2.27B	1.68B
Invested capital	0.83	0.8	0.82	0.86	0.87
Average receivables	4.25B	4.81B	5.2B	4.98B	4.32B
Average payables	3.06B	3.36B	3.09B	2.74B	2.77B
Average inventory	8.06B	9.04B	9.49B	9.12B	8.68B
Days sales outstanding	34.33	35.19	36.75	32.78	28.99
Days payables outstanding	44.9	42.9	33.26	34.3	35.63
Days of inventory on hand	112.58	122.96	110.38	114.18	105.24
Receivables turnover	2.62	2.56	2.45	2.75	3.1
Payables turnover	2	2.1	2.71	2.62	2.53
Inventory turnover	0.8	0.73	0.82	0.79	0.86
ROE	0.09	0.09	0.09	0.09	0.07
Capex per share	-0.15	-0.17	-0.15	-0.13	-0.18

NKE Dividend History

NKE Frequently Asked Questions

What is NIKE, Inc. stock symbol ?

NIKE, Inc. is a US stock , located in Beaverton of Or and trading under the symbol NKE

Is NIKE, Inc. buy or a sell ?

54 stock analysts have 54 predictions with a medium analyst target price of $147.85. The lowest prediction is $51 and the highest is $195

What is NKE stock prediction ?

With a median analyst target price of $137.4, 5 stock analysts have made 5 forecasts in last 90 days. $126 is the lowest and $150 is the greatest projection.

What is NIKE, Inc. stock quote today ?

NIKE, Inc. stock price is $90.3211 today.

Is NIKE, Inc. stock public?

Yes, NIKE, Inc. is a publicly traded company.

Something similar

Top by Market Cap

Top Correlated ETFs

Top Correlated Stocks

Similar Market Cap

Company Profile

Volume Average 7.47M
Market Capitalization 139B
Employee 83.7K
CEO Mr. John J. Donahoe II
Headquarters Beaverton,OR,US
IPO Date 1980-12-02
Website https://investors.nike.com

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it 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 under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company 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.