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 good buy?
As of October 12, 2021, Nike Inc had a $237.9 billion market capitalization, compared to the Footwear median of $4889.7 billion, Nike Inc’s stock is up 9.6% in 2021, up 4.2% in the previous five trading days and up 18.5% in the past year. Currently, Nike Inc’s price-earnings ratio is 40.7.
Will Nike stock go back up?
The 29 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 +13.35% increase from the last price of 114.69.
Is Nike a hold?
USD 114.10 0.96 0.85% Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Nike Inc is ‘Hold’.
Is Nike over or undervalued?
Nike Inc secures a last-minute Real Value of $130.92 per share. The latest price of the firm is $113.14. At this time, the firm appears to be undervalued.
1.02.
| Low | Target Price | High |
|---|---|---|
| 140.00 | 184.65 | 202.00 |
Who is Nike 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.
Why is Nike stock going up?
Yet the stock, which initially rose on the news, gave up its gains following the company’s conference call, during which management said it expects revenue in its current fiscal first quarter to be flat or just slightly up from $12.25 billion in the year-ago period. Consensus calls for sales to climb to $12.34 billion.
Is Nike a good investment 2022?
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 will Nike stock be worth in 5 years?
Nike stock 1-year forecast is $154.685. The forecasts also show that NKE could be worth as much as $265.916 in the next five years. With a five-year investment, you can expect up to +107.84% gain in value. “On average, Wall Street analysts predict that Nike’s share price could reach $175.57 by March 2023.
What is Nike target price?
Stock Price Target NKE
| High | $185.00 |
|---|---|
| Median | $130.00 |
| Low | $100.00 |
| Average | $131.71 |
| Current Price | $116.32 |
Is Apple a buy or sell?
Apple has received a consensus rating of Buy. The company’s average rating score is 2.70, and is based on 23 buy ratings, 7 hold ratings, and 2 sell ratings.
How much is it to buy Nike stock right now?
$114.39
Nike Inc (NKE) is a leading footwear & accessories business based in the US. It opened the day at $114.39 after a previous close of $114.10. During the day the price has varied from a low of $113.77 to a high of $116.13.
Nike shares at a glance.
| Open | $114.39 |
|---|---|
| Volume more info button | 4,178,185 |
Is Apple stock a good buy?
Most analysts remain bullish on the shares, with 74% rating them a Buy and 23% rating them a Hold, according to FactSet.
What is the intrinsic value of Nike?
As of today (2022-08-09), Nike’s Intrinsic Value: Projected FCF is $32.69. The stock price of Nike is $110.11.
Which brand is better than Nike?
Established in 1949, Adidas is a global brand and Nike’s top competitor.
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.
Who is more successful Nike or Adidas?
The biggest apparel brand in the world
U.S.-based Nike is the world’s leading brand in athletic footwear and apparel, and the world’s most valuable clothing brand in general. Nike has a higher global revenue than its main competitors, Adidas and Puma, put together.
Why Nike is falling?
First, Nike projected another profit margin decline in its fiscal first quarter. Second, the chain revealed a 24% increase in its inventory holdings, putting it in a risky position if consumer demand weakens significantly.
Will Nike stock go up tomorrow?
Tomorrow’s movement Prediction of Nike, Inc. NKE as on 12 Aug 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened.
Munafa value: 75 as on 12 Fri Aug 2022.
| Upside target | 117.88 |
|---|---|
| Upside target | 116.88 |
| Downside target | 115.99 |
| Downside target | 115.32 |
| Downside target | 114.86 |
What is happening with Nike?
Covid related shutdowns also resulted in Nike losing weeks of production since July, while rail and port congestion lengthened lead times for goods to arrive in North America and the EMEA regions. However, these issues appear to be short-term in nature and should likely not impact the long-term growth of the company.
Is Nike a dividend stock?
Nike has been paying out quarterly cash dividends to its shareholders since 1985. Moreover, it has increased its dividend for 15 consecutive years, which puts it on pace to become an S&P 500 dividend aristocrat.