Understanding NIKE Inc. (NKE) through its ratios

NIKE Inc. (NYSE: NKE) closed the day trading at $108.78 down -1.27% from the previous closing price of $110.18. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 11785702 shares were traded. NKE stock price reached its highest trading level at $111.06 during the session, while it also had its lowest trading level at $108.19.

Top 5 EV Tech Stocks to Buy for 2023

According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.

Click Here to Download the FREE Report.



For a better understanding of NKE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 94.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.80 and its Current Ratio is at 2.70. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.61.

Upgrades & Downgrades

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 12 when PARKER MARK G sold 110,000 shares for $120.86 per share. The transaction valued at 13,294,600 led to the insider holds 1,355,871 shares of the business.

Nielsen Johanna sold 282 shares of NKE for $35,540 on Apr 17. The VP: CORP CONTROLLER now owns 3,518 shares after completing the transaction at $126.03 per share. On Apr 06, another insider, PARKER MARK G, who serves as the EXECUTIVE CHAIRMAN of the company, sold 110,000 shares for $119.25 each. As a result, the insider received 13,117,500 and left with 1,376,961 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NKE now has a Market Capitalization of 193.20B and an Enterprise Value of 194.96B. As of this moment, NIKE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.38, and their Forward P/E ratio for the next fiscal year is 27.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.42 while its Price-to-Book (P/B) ratio in mrq is 11.56. Its current Enterprise Value per Revenue stands at 3.85 whereas that against EBITDA is 27.53.

Stock Price History:

Over the past 52 weeks, NKE has reached a high of $131.31, while it has fallen to a 52-week low of $82.22. The 50-Day Moving Average of the stock is 122.10, while the 200-Day Moving Average is calculated to be 112.82.

Shares Statistics:

Over the past 3-months, NKE traded about 5.83M shares per day on average, while over the past 10 days, NKE traded about 8.13M shares per day. A total of 1.54B shares are outstanding, with a floating share count of 1.22B. Insiders hold about 0.20% of the company’s shares, while institutions hold 82.90% stake in the company. Shares short for NKE as of Apr 27, 2023 were 11.72M with a Short Ratio of 11.72M, compared to 12.3M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.76% and a Short% of Float of 1.23%.

Dividends & Splits

NKE’s forward annual dividend rate is 1.36, up from 1.29 a year ago. Against a Trailing Annual Dividend Yield of 1.17%, it implies a Forward Annual Dividend Yield of 1.23%. The stock’s 5-year Average Dividend Yield is 0.94. The current Payout Ratio is 35.80% for NKE, which recently paid a dividend on Jul 04, 2023 with an ex-dividend date of Jun 01, 2023. Stock splits for the company last occurred on Dec 23, 2015 when the company split stock in a 2:1 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 25 analysts. On average, analysts expect EPS of $0.66 for the current quarter, with a high estimate of $0.8 and a low estimate of $0.53, while EPS last year was $0.9. The consensus estimate for the next quarter is $1.07, with high estimates of $1.21 and low estimates of $0.92.

Analysts are recommending an EPS of between $3.45 and $3 for the fiscal current year, implying an average EPS of $3.22. EPS for the following year is $4.01, with 34 analysts recommending between $4.5 and $3.5.

Revenue Estimates

23 analysts predict $12.58B in revenue for the current quarter. It ranges from a high estimate of $13.22B to a low estimate of $12.29B. As of the current estimate, NIKE Inc.’s year-ago sales were $12.23B, an estimated increase of 2.80% from the year-ago figure. For the next quarter, 15 analysts are estimating revenue of $13.65B, an increase of 7.60% over than the figure of $2.80% in the same quarter last year. There is a high estimate of $14.17B for the next quarter, whereas the lowest estimate is $13.19B.

A total of 33 analysts have provided revenue estimates for NKE’s current fiscal year. The highest revenue estimate was $51.73B, while the lowest revenue estimate was $49.98B, resulting in an average revenue estimate of $50.97B. In the same quarter a year ago, actual revenue was $46.71B, up 9.10% from the average estimate. Based on 33 analysts’ estimates, the company’s revenue will be $54.64B in the next fiscal year. The high estimate is $56.78B and the low estimate is $51.23B. The average revenue growth estimate for next year is up 7.20% from the average revenue estimate for this year.