Nike (NKE) — Fundamentals Overview

By Ken Smith • Monday, December 11 16:49 • Permanent Link

Shares of Footwear & Accessories company Nike jumped 2.3% today. With many investors piling into NKE without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

Nike has moved 3.4% over the last year, and the S&P 500 logged a change of 15.4%
NKE has an average analyst rating of buy and is 6.57% away from its mean target price of $111.3 per share
Its trailing earnings per share (EPS) is $3.25
Nike has a trailing 12 month Price to Earnings (P/E) ratio of 36.5 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $4.04 and its forward P/E ratio is 29.4
The company has a Price to Book (P/B) ratio of 12.94 in contrast to the S&P 500's average ratio of 2.95
Nike is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.96 and an average P/B of 4.24
NKE has reported YOY quarterly earnings growth of 1.1% and gross profit margins of 0.4%
The company has a free cash flow of $3.75 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. It also sells a line of performance equipment and accessories comprising bags, sport balls, socks, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. In addition, the company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel; and licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

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.