33.75% 2021-02-28. $4.19B. $21.34B. 21.61%
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Is investing in Nike a good idea?
Investors can expect another fruitful year out of Nike in fiscal 2022 (which ends May 31). The analysts consensus forecast calls for full-year revenue of $46.9 billion and EPS of $3.74, translating to 5% growth for both metrics.
What was Nike’s return on total assets for 2021?
Compare NKE With Other Stocks
| NIKE ROA – Return on Assets Historical Data | ||
|---|---|---|
| Date | TTM Net Income | Return on Assets |
| 2021-11-30 | $6.17B | 16.37% |
| 2021-08-31 | $6.08B | 16.59% |
| 2021-05-31 | $5.73B | 16.13% |
What was Nike’s return on net worth for the year?
NIKE annual net income for 2022 was $6.046B, a 5.57% increase from 2021. NIKE annual net income for 2021 was $5.727B, a 125.56% increase from 2020. NIKE annual net income for 2020 was $2.539B, a 36.98% decline from 2019.
Is Nike doing well financially?
(NYSE:NKE) today reported fiscal 2022 financial results for its third quarter ended February 28, 2022. NIKE Direct sales were $4.6 billion, up 15 percent on a reported basis and up 17 percent on a currency-neutral basis.
How much should I invest in Nike?
New Nike investors must make at least a $500 initial investment or $50 in recurring investment deposits. Online trading is generally cheaper than traditional alternatives, but there are still some costs to be mindful of.
What are the risks of investing in Nike?
Nike’s investments in the Metaverse also appear to be paying off. However, in the near term, there are way too many risks facing the company, in the form of rampant inflation, ongoing supply chain issues, and stringent COVID lockdowns in China.
Does NIKE have debt?
According to the Nike’s most recent financial statement as reported on January 5, 2021, total debt is at $9.45 billion, with $9.41 billion in long-term debt and $41.00 million in current debt. Adjusting for $8.63 billion in cash-equivalents, the company has a net debt of $816.00 million.
What is NIKE’s current ratio?
2.6x
NIKE’s latest twelve months current ratio is 2.6x. NIKE’s current ratio for fiscal years ending May 2018 to 2022 averaged 2.5x. NIKE’s operated at median current ratio of 2.5x from fiscal years ending May 2018 to 2022. Looking back at the last five years, NIKE’s current ratio peaked in May 2021 at 2.7x.
What is NIKE’s current assets?
NIKE total current assets for 2022 were $28.213B, a 7.31% increase from 2021. NIKE total current assets for 2021 were $26.291B, a 27.9% increase from 2020. NIKE total current assets for 2020 were $20.556B, a 24.39% increase from 2019.
Who is Nike’s biggest competitor?
Adidas
Adidas. With annual revenue of $22.12 billion, Adidas is the biggest competitor of Nike. The brand actively serves across 55 countries via more than 2500 stores worldwide. Founded in 1924 by Adolf Dassler and Rudolf Dassler, the brand is the largest sportswear manufacturer in Europe and the second-largest globally.
What is Nike’s net worth 2022?
As of 2022, the Nike brand was valued at more than 33 billion U.S. dollars, which is an increase of nearly three billion U.S. dollars from the previous year.
Who owns Nike now?
Phil Knight
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
What are Nike’s weaknesses?
Nike’s Weaknesses – Internal Strategic Factors
- Poor Labor Conditions in Foreign Countries – In the last 20 years, Nike has been consistently targeted regarding their poor labor conditions.
- Retailers Have a Stronger Hold – Nike’s retail sector makes Nike weak due to its sensitivity against pricing.
Is Nike a stable stock?
The Bottom Line. Nike is a sound stock based on its steady stock performance and growth in earnings per share, revenue and net income, strong balance sheet, and management approach. But there is no risk-free stock—not even Nike.
Will Nike continue to grow?
Nike is no exception, with 96% revenue growth over last year and 21% over 2019, leading to $12.3 billion in revenue for Q4. Full-year revenues surged well past last year and the year before, rising 19% to $44.5 billion, a nearly 14% increase over 2019 revenue, according to a company press release.
What are the best stocks to invest in?
| Best Value Stocks | ||
|---|---|---|
| Price ($) | 12-Month Trailing P/E Ratio | |
| United States Steel Corp. (X) | 23.32 | 1.4 |
| NRG Energy Inc. (NRG) | 38.46 | 2.3 |
| Azenta Inc. (AZTA) | 70.02 | 2.4 |
Does Nike pay a dividend?
From its 1985 to 2019 after adjusting for its stock splits, Nike paid out quarterly dividends ranging from 0.5 cents per share in 1985 to 88 cents per share in 2019. Over the past three years, Nike’s dividend has increased by an average of 15.8% per year.
What type of stocks pay high dividends?
Dividend stocks distribute a portion of the company’s earnings to investors on a regular basis.
25 high-dividend stocks.
| Symbol | Company Name | Dividend Yield |
|---|---|---|
| ALE | ALLETE Inc. | 4.19% |
| EIX | Edison International | 4.13% |
| OMC | Omnicom Group Inc. | 4.01% |
| PFG | Principal Financial Group Inc. | 3.82% |
Is Nike a high risk stock?
“The Risk Score is a relevant measure for the assessment of a stock attractiveness. NIKE Inc. shows a Risk Score of 7.00. 0 corresponds to a very high risk and 10 corresponds to a very low risk.”
Beta (Ref: DJIA)
| Levered beta | Unlevered beta | |
|---|---|---|
| 3-Year | 1.09 | 1.10 |
Is Netflix a good stock to buy?
Latest Netflix Inc Stock News
Netflix Inc’s trailing 12-month revenue is $31.0 billion with a 16.4% profit margin. Year-over-year quarterly sales growth most recently was 8.6%. Analysts expect adjusted earnings to reach $10.062 per share for the current fiscal year.