Ratio Examination: Nike, Inc. (NKE)’s Price-to-Cash and Price-to-Free Cash Flow

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

In the latest session, Nike, Inc. (NYSE: NKE) closed at $80.05 down -1.68% from its previous closing price of $81.42. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 7.22 million shares were traded. NKE stock price reached its highest trading level at $81.0375 during the session, while it also had its lowest trading level at $79.791.

Ratios:

For a deeper understanding of Nike, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 2.36. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.76.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on October 10, 2024, Upgraded its rating to Buy and sets its target price to $97 from $83 previously.

On October 02, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $100 to $96.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 14 ’24 when PARKER MARK G sold 52,487 shares for $78.00 per share. The transaction valued at 4,093,986 led to the insider holds 1,031,226 shares of the business.

PARKER MARK G bought 52,487 shares of NKE for $4,093,986 on Aug 14 ’24. On Aug 07 ’24, another insider, Friend Matthew, who serves as the EVP: CFO of the company, sold 5,410 shares for $72.88 each. As a result, the insider received 394,281 and left with 16,814 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 119154425856 and an Enterprise Value of 120986083328. As of this moment, Nike,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.96, and their Forward P/E ratio for the next fiscal year is 24.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 8.56. Its current Enterprise Value per Revenue stands at 2.419 whereas that against EBITDA is 16.801.

Stock Price History:

Over the past 52 weeks, NKE has reached a high of $123.39, while it has fallen to a 52-week low of $70.75. The 50-Day Moving Average of the stock is -3.28%, while the 200-Day Moving Average is calculated to be -10.87%.

Shares Statistics:

For the past three months, NKE has traded an average of 12.17M shares per day and 8826020 over the past ten days. A total of 1.21B shares are outstanding, with a floating share count of 1.17B. Insiders hold about 21.36% of the company’s shares, while institutions hold 66.61% stake in the company. Shares short for NKE as of 1727654400 were 22764753 with a Short Ratio of 1.87, compared to 1724976000 on 19143833. Therefore, it implies a Short% of Shares Outstanding of 22764753 and a Short% of Float of 2.39.

Dividends & Splits

According to the company, the forward annual dividend rate for NKE is 1.48, from 1.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.018177353The stock’s 5-year Average Dividend Yield is 1.07.