Nike Stock Analysis

NKE -  USA Stock  

USD 171.05  2.30  1.36%

The modest gains experienced by current holders of Nike Inc may encourage shareholders to take a closer look at the firm as it is trading at a share price of 171.05 on 3,064,885 in trading volume. The company management teams have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.15. The current volatility is consistent with the ongoing market swings in July 2021 as well as with Nike Inc unsystematic, company-specific events.
Additionally, see Stocks Correlation.

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The Nike stock analysis report makes it easy to digest most publicly released information about Nike and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Nike Stock analysis module also helps to analyze the Nike price relationship with some important fundamental indicators such as market cap and management efficiency.

Nike Stock Analysis Notes

About 84.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.78. Nike Inc next dividend is scheduled to be issued on the 28th of May 2021. The entity had 2:1 split on the 24th of December 2015. NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. Nike operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 75400 people. To find out more about Nike Inc contact Mark Parker at 503 671-6453 or learn more at www.nike.com.

Nike Quarterly Cost of Revenue

6.69 BillionShare

Nike Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nike's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nike Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Nike Inc is unlikely to experience financial distress in the next 2 years
Over 84.0% of the company shares are owned by institutional investors
Latest headline from www.nasdaq.com: Nike Could Trip Over Soaring Numbers of COVID Cases in Vietnam - Nasdaq

Nike Inc Upcoming and Recent Events

Earnings reports are used by Nike to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nike previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report28th of September 2021
Next Earnings Report17th of December 2021
Next Fiscal Quarter End31st of August 2021
Next Fiscal Year End23rd of June 2022
Last Quarter Report31st of May 2021
Last Earning Announcement31st of August 2020

Nike Largest EPS Surprises

Earnings surprises can significantly impact Nike's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2002-06-27
2002-05-310.090.10.0111 
2001-06-28
2001-05-310.070.080.0114 
2000-09-14
2000-08-310.090.10.0111 
View All Earnings Estimates

Nike SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Nike prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Nike investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Nike Inc specific information freely available to individual and institutional investors to make a timely investment decision.
24th of June 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
17th of June 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
18th of March 2021
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Results of Operations and Financial Condition. Termination of a Material Definitive Agreement. Entry into a Material Definitive Agreement
View
10th of February 2021
Unclassified Corporate Event
View
29th of January 2021
Unclassified Corporate Event
View
18th of December 2020
Financial Statements and Exhibits. Results of Operations and Financial Condition
View

Nike Thematic Classifications

In addition to having Nike stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. 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 you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Corona Opportunity IdeaCorona Opportunity
Coronavirus related entities to consider during and after the outbreak
Millennials Best IdeaMillennials Best
Firms that are involved in making products or providing services to millennials
Baby Boomer Prospects IdeaBaby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
Giant Impact IdeaGiant Impact
Public companies with mega capitalization
Apparel IdeaApparel
USA Equities from Apparel industry as classified by Fama & French

Nike Market Capitalization

The company currently falls under 'Mega-Cap' category with total capitalization of 264.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nike's market, we take the total number of its shares issued and multiply it by Nike's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Nike Profitablity

Nike's profitability indicators refer to fundamental financial ratios that showcase Nike's ability to generate income relative to its revenue or operating costs. If, let's say, Nike is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nike's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nike's profitability requires more research than a typical breakdown of Nike's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 8.9 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 13.48 %, which entails that for every 100 dollars of revenue, it generated 0.13 of operating income.
Last ReportedProjected for 2021
Return on Investment 34.71  30.77 
Return on Average Assets 0.16  0.15 
Return on Average Equity 0.51  0.44 
Return on Invested Capital 0.23  0.19 
Return on Sales 0.15  0.13 

Management Efficiency

The entity has Return on Asset of 8.79 % which means that on every $100 spent on asset, it made $8.79 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 32.69 %, implying that it generated $32.69 on every 100 dollars invested. Nike management efficiency ratios could be used to measure how well nike inc manages its routine affairs as well as how well it operates its assets and liabilities. As of August 3, 2021, Return on Investment is expected to decline to 30.77. In addition to that, Return on Average Assets is expected to decline to 0.15. Nike Total Assets Per Share are projected to increase significantly based on the last few years of reporting. The past year's Total Assets Per Share were at 23.92. The current year Net Current Assets as percentage of Total Assets is expected to grow to 49.63, whereas Current Assets are forecasted to decline to about 23.1 B.
Last ReportedProjected for 2021
Book Value per Share 8.12  7.98 
Enterprise Value over EBIT 32.00  30.48 
Enterprise Value over EBITDA 28.49  26.50 
Price to Book Value 16.89  14.29 
Tangible Assets Book Value per Share 23.67  20.14 
Enterprise Value219.9 B237.3 B
Tangible Asset Value37.2 B32.4 B

Technical Drivers

As of the 3rd of August, Nike secures the Downside Deviation of 1.02, risk adjusted performance of 0.1449, and Mean Deviation of 1.01. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nike Inc, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Nike, which can be compared to its peers in the industry. Please verify Nike Inc jensen alpha, as well as the relationship between the potential upside and skewness to decide if Nike Inc is priced some-what accurately, providing market reflects its recent price of 171.05 per share. Given that Nike Inc has jensen alpha of 0.3404, we recommend you to check Nike's last-minute market performance to make sure the company can sustain itself at a future point.

Nike Inc Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Mid-point over period is an average of Nike Inc highest and lowest values attained during the given period. View also all equity analysis or get more info about midpoint over period overlap studies indicator.

Nike Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nike insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nike's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nike insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Nike Outstanding Bonds

Nike issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nike Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nike bonds can be classified according to their maturity, which is the date when Nike Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MaturityCouponRating
NIKE INC 22505/01/20232.25
AA-
NIKE INC 362505/01/20433.625
AA-

Nike Predictive Daily Indicators

Nike intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nike stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Nike Forecast Models

Nike time-series forecasting models is one of many Nike's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nike's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Nike Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nike stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nike shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Nike. By using and applying Nike Stock analysis, traders can create a robust methodology for identifying Nike entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 15.54  15.69 
EBITDA Margin 0.17  0.15 
Gross Margin 0.45  0.43 
Profit Margin 0.13  0.11 
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. Nike operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 75400 people.

Current Nike Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nike analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nike analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
176.83Buy23Odds
Nike Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Nike analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nike stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nike Inc, talking to its executives and customers, or listening to Nike conference calls.
Nike Analyst Advice Details

Nike Stock Analysis Indicators

Nike Inc stock analysis indicators help investors evaluate how Nike stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nike shares will generate the highest return on investment. By understating and applying Nike stock analysis, traders can identify Nike position entry and exit signals to maximize returns.
Quick Ratio1.82
Trailing Annual Dividend Rate1.04
Fifty Two Week Low96.55
Revenue Growth2.50%
Payout Ratio48.83%
Average Daily Volume Last 10 Day4.34M
Shares Short Prior Month14.21M
Average Daily Volume In Three Month6.84M
Earnings Growth69.80%
Shares Percent Shares Out0.81%
Earnings Quarterly Growth71.10%
Gross Margins43.36%
Forward Price Earnings32.91
Short Percent Of Float1.32%
Float Shares1.26B
Fifty Two Week High167.87
Fifty Day Average151.90
Enterprise Value To Ebitda40.59
Two Hundred Day Average140.10
Enterprise Value To Revenue5.47
Trailing Annual Dividend Yield0.62%
Additionally, see Stocks Correlation. Note that the Nike Inc information on this page should be used as a complementary analysis to other Nike's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Nike Inc price analysis, check to measure Nike's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nike is operating at the current time. Most of Nike's value examination focuses on studying past and present price action to predict the probability of Nike's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nike's price. Additionally, you may evaluate how the addition of Nike to your portfolios can decrease your overall portfolio volatility.
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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. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike Inc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine Nike value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.