Large-cap Consumer Discretionary company NIKE has logged a 5.0% change today on a trading volume of 6,448,458. The average volume for the stock is 13,043,923.
NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide. Based in Beaverton, United States the company has 79,400 full time employees and a market cap of $118,833,299,456. NIKE currently offers its equity investors a dividend that yields 2.0% per year.
The company is now trading -6.46% away from its average analyst target price of $85.89 per share. The 33 analysts following the stock have set target prices ranging from $49.0 to $120.0, and on average give NIKE a rating of buy.
Over the last 12 months NKE shares have declined by -26.8%, which represents a difference of -45.4% when compared to the S&P 500. The stock's 52 week high is $106.1 per share and its 52 week low is $68.62. Based on NIKE's average net margin growth of 1.8% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 51,362,000 | 5,700,000 | 11 | 10.0 |
| 2022 | 51,217,000 | 5,070,000 | 10 | -23.08 |
| 2021 | 46,710,000 | 6,046,000 | 13 | 0.0 |
| 2020 | 44,538,000 | 5,727,000 | 13 | 85.71 |
| 2019 | 37,403,000 | 2,539,000 | 7 | -30.0 |
| 2018 | 39,117,000 | 4,029,000 | 10 |
