Shares of Large-cap consumer discretionary company Nike moved -1.4 this afternoon, and are now trading at $106.11 per share. On the other hand, the average analyst target price for the stock is $119.67.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide.
Potential Nike Investors Should Analyze the Following:
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Nike has moved 1.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 2.0. A number between 0 and 1 could mean that the market is undervaluing Nike's estimated growth potential
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Its Price to Book (P/B) ratio is 11.58
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Nike currently returns an annual dividend yield of 1.3%.
Understanding Nike's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 51,217,000 | 16,377,000 | 12 | -14.29 |
| 2022 | 46,710,000 | 14,804,000 | 14 | -6.67 |
| 2021 | 44,538,000 | 13,025,000 | 15 | 87.5 |
| 2020 | 37,403,000 | 13,126,000 | 8 | -33.33 |
| 2019 | 39,117,000 | 12,702,000 | 12 | 0.0 |
| 2018 | 36,397,000 | 11,511,000 | 12 |
Over the last 6 years, Nike's operating margins have averaged 12.2%, which is similar to the 12.86% Footwear & Accessories industry average. We also note that the company's operating margins have a high coefficient of variability at 385.4%. The firm's margins exhibit a relatively stable growth trend of 0.2%.
