Nike logged a -1.0% change during today's evening session, and is now trading at a price of $121.43 per share. On average, analysts give it a target price of $126.1.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The large-cap company is based in the United States. Nike currently returns an annual dividend yield of 1.1%.
Make Sure to Consider the Following Before Buying Nike:
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Nike has moved 5.9% over the last year.
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NKE has a forward P/E ratio of 27.7 based on its EPS guidance of 4.38.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 18.4%.
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The company has a price to earnings growth (PEG) ratio of 2.21.
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Its Price to Book (P/B) ratio is 13.25
Nike Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 5,841,000 | 969,000 | 4,872,000 | 9.98 |
| 2022 | 5,188,000 | 758,000 | 4,430,000 | -25.7 |
| 2021 | 6,657,000 | 695,000 | 5,962,000 | 326.16 |
| 2020 | 2,485,000 | 1,086,000 | 1,399,000 | -70.76 |
| 2019 | 5,903,000 | 1,119,000 | 4,784,000 | 21.82 |
| 2018 | 4,955,000 | 1,028,000 | 3,927,000 |
The firm's free cash flows have a decent average of $4.23 Billion over the last 6 years. The compounded average growth rate over this period is 1.3%, with a year-on-year growth variability coefficient of 360.87%.
