Thinking of Investing in NKE? What Our Analysts Know.

By Chris Stiles • Wednesday, December 21 12:02 • Permanent Link

Nike logged a 13.8% change during today's afternoon session, and is now trading at a price of $117.42 per share. The S&P 500 index moved 1.3% in comparison. NKE's trading volume is 20,864,278 compared to the stock's average volume of 9,354,096.

Nike trades 0.8% away from its average analyst target price of $116.49 per share. The 33 analysts following the stock have set target prices ranging from $77 to $185, and on average have given Nike a rating of buy.

Anyone interested in buying NKE should be aware of the facts below:

Nike's current price is 321.6% above its Graham number of $27.85, which implies that at its current valuation it does not offer a margin of safety
Nike has moved -37.6% over the last year, and the S&P 500 logged a change of -18.6%
Based on its trailing earning per share of 3.52, Nike has a trailing 12 month Price to Earnings (P/E) ratio of 33.4 while the S&P 500 average is 15.97
NKE has a forward P/E ratio of 31.0 based on its forward 12 month price to earnings (Eps) of $3.79 per share
The company has a price to earnings growth (PEG) ratio of 6.01 — a number near or below 1 signifying that Nike is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 12.0 compared to its sector average of 3.11
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide.
Based in Beaverton, the company has 79,100 full time employees and a market cap of $183,714,152,448. Nike currently returns an annual dividend yield of 0.6%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.