Nike Inc Class B NKE

Morningstar Rating
$38.32 +0.79 (2.11%)
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Company Report

Price vs Fair Value

NKE is trading at a LOCK|Lm@m<sB premium.
Price
$37.53
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

The global sportswear market continues to expand, especially in Asia and other developing markets. As the market share leader with premium offerings, Nike is positioned to benefit.

Bears

Nike has had a tumultuous period due to economic issues in key regions and its own mistakes. Given the depth of its problems, the timing of a turnaround is uncertain, especially in China.

News

Articles & Videos

Trading Information

Previous Close Price
$37.53
Day Range
$36.91–38.44
52-Week Range
$31.97–70.44
Bid/Ask
$37.95 / $37.99
Shares Outstanding
1.49B
Market Cap
$56.92B
Volume/Avg
28M / 32M

Key Statistics

Price/Earnings (Normalized)
24.26
Price/Sales
1.21
Dividend Yield (Trailing)
4.37%
Dividend Yield (Forward)
4.37%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
4.41%

Company Profile

Since its founding in 1964, Nike has become the world's largest sports performance and lifestyle merchandiser. Footwear is its largest category, accounting for about two-thirds of sales. It also sells large amounts of apparel (about 30% of sales) and equipment (5%). Key performance categories include basketball, running, and football (soccer). Brands include Nike, Jordan (premium athletic footwear and clothing), ACG (outdoor), NikeSkims (women’s athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. It outsources nearly all production to contract manufacturers in more than 30 countries.
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Stock Style Box
Mid Value
Total Number of Employees
73,000

Competitors

Valuation

Metric
NKE
ADDYY
LULU
Price/Earnings (Normalized)
24.2618.317.91
Price/Book Value
3.664.662.39
Price/Sales
1.211.061.01
Price/Cash Flow
12.629.755.81
Price/Earnings
NKE
ADDYY
LULU

Financial Strength

Metric
NKE
ADDYY
LULU
Quick Ratio
1.190.601.13
Current Ratio
2.071.392.19
Interest Coverage
—6.96—
Quick Ratio
NKE
ADDYY
LULU

Profitability

Metric
NKE
ADDYY
LULU
Return on Assets (Normalized)
9.58%7.62%17.83%
Return on Equity (Normalized)
25.17%27.00%31.12%
Return on Invested Capital (Normalized)
14.03%14.77%22.08%
Return on Assets
NKE
ADDYY
LULU

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1-Day Chart
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Morningstar Rating for Stocks
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Economic Moat
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LOCK|&w?vp>LOCK|C!Sp$32B
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LOCK|^^yHHlLOCK|N#%^n$5B
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