For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Nike, Inc (NYSE: NKE) closed the day trading at $72.00 down -1.79% from the previous closing price of $73.31. In other words, the price has decreased by -$1.79 from its previous closing price. On the day, 14.9 million shares were traded. NKE stock price reached its highest trading level at $74.3 during the session, while it also had its lowest trading level at $71.97.
Ratios:
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 10.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.75.
On December 16, 2024, Wells Fargo reiterated its Overweight rating and also upped its target price recommendation from $95 to $92.
Telsey Advisory Group reiterated its Outperform rating for the stock on December 16, 2024, while the target price for the stock was revised from $96 to $93.
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 Dec 27 ’24 when ROGERS JOHN W JR bought 2,500 shares for $76.65 per share. The transaction valued at 191,624 led to the insider holds 34,403 shares of the business.
PARKER MARK G sold 45,190 shares of NKE for $3,463,362 on Nov 14 ’24. The EXECUTIVE CHAIRMAN now owns 967,659 shares after completing the transaction at $76.64 per share. On Nov 14 ’24, another insider, PARKER MARK G, who serves as the Officer of the company, bought 45,190 shares for $76.64 each.
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 109121765376 and an Enterprise Value of 116595023872. As of this moment, Nike,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.24, and their Forward P/E ratio for the next fiscal year is 28.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.17 while its Price-to-Book (P/B) ratio in mrq is 7.60. Its current Enterprise Value per Revenue stands at 2.331 whereas that against EBITDA is 16.192.
Stock Price History:
The Beta on a monthly basis for NKE is 1.02, which has changed by -0.28645122 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, NKE has reached a high of $107.43, while it has fallen to a 52-week low of $70.75. The 50-Day Moving Average of the stock is -6.36%, while the 200-Day Moving Average is calculated to be -13.72%.
Shares Statistics:
Over the past 3-months, NKE traded about 11.13M shares per day on average, while over the past 10 days, NKE traded about 14819230 shares per day. A total of 1.18B shares are outstanding, with a floating share count of 1.17B. Insiders hold about 21.36% of the company’s shares, while institutions hold 64.95% stake in the company. Shares short for NKE as of 1732838400 were 25281526 with a Short Ratio of 2.14, compared to 1730332800 on 23123085. Therefore, it implies a Short% of Shares Outstanding of 25281526 and a Short% of Float of 2.6600001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.1. The current Payout Ratio is 38.91% for NKE, which recently paid a dividend on 2024-09-03 with an ex-dividend date of 1733097600. Stock splits for the company last occurred on 2015-12-24 when the company split stock in a 2:1 ratio.
