NIKE has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 20 buy ratings, 10 hold ratings, and no sell ratings.
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Is Nike stock a Buy in 2022?
Key Points. Nike turned out mid-single-digit total revenue and earnings growth in fiscal 2022. The company should have the flexibility to keep growing its dividend. The stock is reasonably priced for its growth prospects.
Is Nike a good investment now?
Considering the last three quarters, Nike’s revenue was up 7% y-o-y to $34.5 billion, while profitability rose 9% y-o-y to $2.91 per share. The company has focused on protecting its margins which grew 190 basis points to 46.3% in the first nine months of 2022.
Is Nike stock expected to go up?
The 28 analysts offering 12-month price forecasts for Nike Inc have a median target of 130.00, with a high estimate of 185.00 and a low estimate of 100.00. The median estimate represents a +12.07% increase from the last price of 116.00.
What is the target price for Nike?
Stock Price Target NKE
| High | $185.00 |
|---|---|
| Median | $130.00 |
| Low | $100.00 |
| Average | $134.03 |
| Current Price | $114.92 |
What affects Nike stock?
Some of the things investors should be aware of that impact Nike’s financial and its stock include currency fluctuations, consumer tastes, geopolitical tensions, new technology, and personnel among others.
What makes Nike successful?
By offering more products to more people, in more markets than any other sports company, they are able to capture a far greater market share of the market than any other company. Like most leaders in the market, Nike values the consumer and the importance of providing a quality product.
Is Nike a hold or sell?
NIKE has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 20 buy ratings, 10 hold ratings, and no sell ratings.
Is Nike stock overvalued?
Considering the price multiples, again Nike is very overvalued since its multiples are far higher than those of its competitors in the same sector.
Is Nike stock undervalued?
Nike Inc secures a last-minute Real Value of $149.43 per share. The latest price of the firm is $116.01. At this time, the firm appears to be undervalued.
2022-09-02.
| Low | Estimated Value | High |
|---|---|---|
| 113.66 | 116.15 | 118.64 |
How much will Nike stock be worth in 5 years?
Based on our forecasts, a long-term increase is expected, the “NKE” stock price prognosis for 2027-08-13 is 215.734 USD. With a 5-year investment, the revenue is expected to be around +82.73%. Your current $100 investment may be up to $182.73 in 2027.
What is the highest Nike stock has been?
The all-time high NIKE stock closing price was 176.34 on November 05, 2021.
Who is Nike’s main competitors?
Nike competitors include adidas, New Balance, Skechers U.S.A., Steve Madden and ASICS America. Nike ranks 1st in Overall Culture Score on Comparably vs its competitors.
How many times has Nike split its stock?
According to our Nike stock split history records, Nike has had 6 splits. To make the “Dividend Channel S.A.F.E.
What is the forecast for Apple stock?
Apple Inc (NASDAQ:AAPL)
The 37 analysts offering 12-month price forecasts for Apple Inc have a median target of 185.00, with a high estimate of 220.00 and a low estimate of 136.00. The median estimate represents a +6.23% increase from the last price of 174.16.
What is Amazon’s target price?
Stock Price Target AMZN
| High | $215.00 |
|---|---|
| Median | $173.00 |
| Low | $110.00 |
| Average | $169.92 |
| Current Price | $141.98 |
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 |
How is Nike doing financially 2022?
Nike has revealed revenue of US$46.7 billion for the 2022 financial year, up five per cent year-over-year (YoY). The US sportswear giant’s net income for fiscal 2022 was US$6 billion, a rise of six per cent YoY. Broken down, revenue for the Nike brand was US$44.4 billion, up five per cent YoY.
How is Nike doing financially?
Revenues for NIKE, Inc. increased 5 percent to $10.9 billion compared to the prior year and were up 8 percent on a currency-neutral basis. Revenues for the NIKE Brand were $10.3 billion, up 8 percent compared to prior year on a currency-neutral basis, led by 13 percent growth in EMEA.
What are the weaknesses of Nike?
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.
Who is Nike owned by?
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.