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:
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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
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Nike has moved -37.6% over the last year, and the S&P 500 logged a change of -18.6%
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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
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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
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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
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Its Price to Book (P/B) ratio is 12.0 compared to its sector average of 3.11
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NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide.
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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%.