Shares of Consumer Discretionary sector company Nike moved -0.3% today, and are now trading at a price of $63.71. The Large-Cap stock's daily volume was 1,868,561 compared to its average volume of 20,112,409. The S&P 500 index returned a 0.0% performance.
NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide. The company is based in Beaverton and has 79,400 full time employees. Its market capitalization is $94,035,320,832. Nike currently offers its equity investors a dividend that yields 2.4% per year.
36 analysts are following Nike and have set target prices ranging from $40.0 to $120.0 per share. On average, they have given the company a rating of buy. At today's prices, NKE is trading -13.16% away from its average analyst target price of $73.36 per share.
Over the last year, NKE shares have gone down by -31.8%, which represents a difference of -43.2% when compared to the S&P 500. The stock's 52 week high is $98.04 per share and its 52 week low is $52.28. With average free cash flows of $4.68 Billion that have been growing at an average rate of 6.7% over the last 5 years, Nike declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 7,429,000 | 812,000 | 6,617,000 | 35.82 |
| 2022 | 5,841,000 | 969,000 | 4,872,000 | 9.98 |
| 2021 | 5,188,000 | 758,000 | 4,430,000 | -25.7 |
| 2020 | 6,657,000 | 695,000 | 5,962,000 | 326.16 |
| 2019 | 2,485,000 | 1,086,000 | 1,399,000 | -70.76 |
| 2018 | 5,903,000 | 1,119,000 | 4,784,000 |
