Large-cap consumer discretionary company Nike has moved -0.5% this afternoon, reaching $103.22 per share. In contrast, the average analyst target price for the stock is $119.37.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company is based in the United States. Nike currently returns an annual dividend yield of 1.3%.
What to Consider if You Are Thinking of Buying Nike:
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Nike has moved 20.0% over the last year.
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NKE has a forward P/E ratio of 23.8 based on its EPS guidance of 4.34.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 6.9%.
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The company has a price to earnings growth (PEG) ratio of 1.91.
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Its Price to Book (P/B) ratio is 11.26
Nike Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-07-21 | 5,188,000 | -758,000 | 5,946,000 | -19.12 |
| 2021-07-20 | 6,657,000 | -695,000 | 7,352,000 | 105.88 |
| 2020-07-24 | 2,485,000 | -1,086,000 | 3,571,000 | -49.15 |
| 2019-07-23 | 5,903,000 | -1,119,000 | 7,022,000 | 17.42 |
| 2018-07-25 | 4,955,000 | -1,025,000 | 5,980,000 | 26.37 |
| 2017-07-20 | 3,640,000 | -1,092,000 | 4,732,000 |
Nike's free cash flows have a decent average of $5.77 Billion over the last 6 years, but they are highly variable since their coefficient of variability is 10454521346.4%. The compounded average growth rate over this period is 0.0%.
