NIKE, Inc. [NYSE: NKE] stock went up by 1.06% or 0.92 points up from its previous closing price of $86.75. The stock reached $87.67 during the last trading session. During the course of the last 5 trading session in the week, NKE share price went up during 2 out of 5 days, that way losing -0.85% in the period of the last 7 days.
NKE had two major price movements with the latest trading session as the price jumped to a high of $88.07, at one point touching $86.22. The latest high is set lower that the high price recorded in the period of the last 52 weeks, set at $88.07. The 52-week high currently stands at $90.00 distance from the present share price, noting recovery 6.10% after the recent low of $66.53.
NIKE, Inc. [NYSE:NKE]: Analyst Rating and Earnings
Its stock price has been found in the range of 66.53 to 90.00. This is compared to its latest closing price of $86.75.
Keep your eyes on this company’s next financial results, which are scheduled to be made public on Tue 24 Sep (In 12 Days).
Fundamental Analysis of NIKE, Inc. [NKE]
Now let’s turn to look at profitability: with a current Operating Margin for NIKE, Inc. [NKE] sitting at +12.08 and its Gross Margin at +44.54, this company’s Net Margin is now 10.30%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 36.14, and its Return on Invested Capital has reached 32.00%. Its Return on Equity is 42.74, and its Return on Assets is 17.42. These metrics all suggest that NIKE, Inc. is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, NIKE, Inc. [NKE] has generated a Total Debt to Total Equity ratio of 38.48. Similarly, its Total Debt to Total Capital is 27.79, while its Total Debt to Total Assets stands at 14.67. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 38.10, and its Long-Term Debt to Total Capital is 38.32.
What about valuation? This company’s Enterprise Value to EBITDA is 25.30 and its Total Debt to EBITDA Value is 0.64. The Enterprise Value to Sales for this firm is now 3.51, and its Total Debt to Enterprise Value stands at 0.03. NIKE, Inc. [NKE] has a Price to Book Ratio of 13.38, a Price to Cash Flow Ratio of 21.15 and P/E Ratio of 35.22. These metrics suggest that this publicly-traded organization will not likely result in investment gains.
Shifting the focus to workforce efficiency, NIKE, Inc. [NKE] earns $510,065 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 10.07 and its Total Asset Turnover is 1.69. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.39 and its Current Ratio is 2.10. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
NIKE, Inc. [NKE] has 1.56B shares outstanding, amounting to a total market cap of $136.95B. Its stock price has been found in the range of 66.53 to 90.00. At its current price, it has moved down by -2.59% from its 52-week high, and it has moved up 31.78% from its 52-week low.
This stock’s Beta value is currently 0.85, which indicates that it is 1.72% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 58.40. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is NIKE, Inc. [NKE] a Reliable Buy?
Shares of NIKE, Inc. [NKE], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.