Shares of Large-cap consumer discretionary company Nike moved -0.1 this evening, and are now trading at $95.79 per share. On the other hand, the average analyst target price for the stock is $119.37.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide.
Potential Nike Investors Should Analyze the Following:
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Nike has moved 7.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 1.76. A number between 0 and 1 could mean that the market is undervaluing Nike's estimated growth potential
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Its Price to Book (P/B) ratio is 10.48
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Nike currently returns an annual dividend yield of 1.4%.
Understanding Nike's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-07-21 | 46,710,000 | -14,804,000 | 14 | -12.5 |
| 2021-07-20 | 44,538,000 | -13,025,000 | 16 | 100.0 |
| 2020-07-24 | 37,403,000 | -13,126,000 | 8 | -33.33 |
| 2019-07-23 | 39,117,000 | -12,702,000 | 12 | 0.0 |
| 2018-07-25 | 36,397,000 | -11,511,000 | 12 | -14.29 |
| 2017-07-20 | 34,350,000 | -10,563,000 | 14 |
Over the last 6 years, Nike's operating margins have averaged 12.7%, which is comparable to the Footwear & Accessories industry average of 12.86%. The firm's margins exhibit a relatively stable growth trend of 0.3%.
