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Nike Inc Stock Research

NKE

107.51USD+0.03(+0.03%)Delayed

Market Summary

USD107.51+0.03
Delayed
0.03%

NKE Alerts

NKE Stock Price

NKE RSI Chart

NKE Valuation

Market Cap

166.0B

Price/Earnings (Trailing)

30.3

Price/Sales (Trailing)

3.28

EV/EBITDA

22.64

Price/Free Cashflow

43.71

NKE Price/Sales (Trailing)

NKE Profitability

EBT Margin

13.28%

Return on Equity

36.89%

Return on Assets

14.21%

Free Cashflow Yield

2.29%

NKE Fundamentals

NKE Revenue

Revenue (TTM)

50.6B

Revenue Y/Y

13.97%

Revenue Q/Q

-6.95%

NKE Earnings

Earnings (TTM)

5.5B

Earnings Y/Y

-11.17%

Earnings Q/Q

-6.84%

Price Action

52 Week Range

81.74130.94
(Low)(High)

Last 7 days

-6.3%

Last 30 days

-13.2%

Last 90 days

-8.7%

Trailing 12 Months

-3.7%

NKE Financial Health

Current Ratio

2.69

NKE Investor Care

Dividend Yield

1.2%

Dividend/Share (TTM)

1.29

Buy Backs (1Y)

2.23%

Diluted EPS (TTM)

3.47

Peers (Alternatives to Nike)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
166.0B
50.6B
-13.19% -3.73%
30.3
3.28
8.13% -10.43%
41.6B
8.1B
-8.76% 18.36%
48.64
5.13
29.63% -12.36%
12.3B
3.6B
-2.79% 77.44%
24.83
3.43
20.04% 18.55%
MID-CAP
9.7B
6.7B
4.07% 24.82%
10.73
1.45
-0.13% 3.85%
7.7B
7.4B
2.10% 35.54%
20.52
1.03
17.98% -49.69%
7.5B
6.4B
0.69% 16.51%
14.57
1.17
7.40% 2.63%
7.0B
11.7B
-18.91% -62.69%
16.93
0.6
4.21% -68.79%
6.6B
3.8B
-27.77% 100.34%
10.73
1.75
50.35% -11.87%
2.4B
2.0B
-9.36% -14.97%
10.85
1.16
-1.88% 12.86%
SMALL-CAP
1.7B
1.4B
5.06% 21.49%
10.38
1.22
23.59% 26.65%
1.2B
2.7B
-10.19% -28.17%
-6.96
0.47
5.97% -549.75%
822.0M
3.2B
12.83% -28.22%
-6.18
0.25
16.63% -166.33%
147.1M
500.0M
-6.09% -27.02%
-2.46
0.29
-7.49% -434.87%
141.6M
558.9M
-31.85% -48.41%
11.13
0.25
-5.84% -45.62%
10.3M
41.9M
-0.07% -31.13%
-4.1
0.24
-2.24% -14787.37%

Financials for Nike

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue3.1%50,62649,10747,14946,71046,820
Gross Profit1.4%22,20021,89621,39821,47921,631
  S&GA Expenses3.4%16,03815,51715,15214,80414,511
EBITDA2.0%7,2237,0827,658--
EBITDA Margin-2.1%0.15*0.15*0.16*--
Earnings Before Taxes-3.0%6,3296,5226,3736,6517,131
EBT Margin-1.7%0.13*0.14*0.14*0.15*-
Interest Expenses-290----
Net Income-2.8%5,4785,6345,6406,0466,116
Net Income Margin-4.1%0.11*0.12*0.13*0.13*-
Free Cahsflow-50.4%1,7823,5964,4305,359-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-3.4%38,29439,64741,08840,32138,577
  Current Assets-5.1%26,03527,44728,87728,21326,962
    Cash Equivalents7.2%6,9556,4907,2268,5748,704
  Net PPE1.8%4,9394,8544,7784,7914,806
  Goodwill0%281281282284284
  Current Liabilities-6.4%9,54810,19910,91910,7308,818
.    Short Term Borrowings100.0%14.007.009.0010.00-
  Long Term Debt-3.1%9,4209,719---
    LT Debt, Current0%500500500500-
    LT Debt, Non Current0.0%8,9258,9248,9228,9209,418
Shareholder's Equity-4.9%14,53115,27215,82215,28114,809
  Retained Earnings-24.7%2,1522,8593,5353,4763,521
  Additional Paid-In Capital1.9%12,07411,85111,64811,48411,186
Shares Outstanding-1.0%1,5441,5591,5671,579-
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations77.0%4,7392,6784,4345,1886,049
  Share Based Compensation4.5%727696672638611
Cashflow From Investing173.3%324-442-2,239-1,524-1,524
Cashflow From Financing-5.3%-6,646-6,311-5,497-4,836-4,303
  Dividend Payments2.3%1,9691,9241,8821,8371,791
  Buy Backs6.1%5,2004,9034,2644,0143,550

Risks for NKE

What is the probability of a big loss on NKE?

45.8%


Probability that Nike stock will be more than 20% underwater in next one year

43.1%


Probability that Nike stock will be more than 30% underwater in next one year.

12.7%


Probability that Nike stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NKE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Nike was unfortunately bought at previous high price.

Drawdowns

Returns for NKE

Cumulative Returns on NKE

14.3%


10-Year Cumulative Returns

10.9%


7-Year Cumulative Returns

9.4%


5-Year Cumulative Returns

4.6%


3-Year Cumulative Returns

What are the long-term rolling returns for NKE?

FIve years rolling returns for Nike.

Annualized Returns

Which funds bought or sold NKE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-24
Verity Asset Management, Inc.
added
112
445,937
809,992
0.48%
2023-05-24
Old North State Trust, LLC
added
5.45
48,000
503,000
0.35%
2023-05-23
Front Row Advisors LLC
reduced
-16.44
-87,000
625,000
0.30%
2023-05-23
Toroso Investments, LLC
added
24.75
2,448,000
10,408,000
0.18%
2023-05-23
Brookfield Corp /ON/
added
109
2,484,360
4,567,730
0.02%
2023-05-22
American Trust
reduced
-2.91
94,877
5,489,860
0.38%
2023-05-22
AMERIPRISE FINANCIAL INC
added
1.41
38,993,100
656,170,000
0.22%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
18,574,000
0.81%
2023-05-22
Raleigh Capital Management Inc.
added
451
49,181
59,432
0.03%
2023-05-22
PUTNAM INVESTMENTS LLC
added
3.2
20,747,000
274,862,000
0.44%

1–10 of 45

Latest Funds Activity

Are funds buying NKE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NKE
No. of Funds

Nike News

MarketBeat
NIKE, Inc. (NYSE:NKE) Shares Purchased by Kavar Capital Partners ....
MarketBeat,
29 hours ago
InvestorPlace
MarketWatch
tastylive

Schedule 13G FIlings of Nike

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.71%
109,698,806
SC 13G/A
Feb 01, 2023
blackrock inc.
6.8%
85,497,266
SC 13G/A
Feb 10, 2022
vanguard group inc
8.32%
106,359,777
SC 13G/A
Feb 01, 2022
blackrock inc.
7.0%
89,983,773
SC 13G/A
Feb 10, 2021
vanguard group inc
8.28%
103,945,154
SC 13G/A
Jan 29, 2021
blackrock inc.
7.3%
93,108,691
SC 13G/A
Feb 14, 2020
capital world investors
1.6%
20,291,728
SC 13G/A
Feb 12, 2020
vanguard group inc
8.55%
106,539,047
SC 13G/A
Feb 05, 2020
blackrock inc.
7.2%
89,487,665
SC 13G/A

NKE Fair Value

Nike fair value in different scenarios

The table shows the Fair Value estimates for Nike for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

56.82

-47.15%

70.17

-34.73%

92.49

-13.97%

117.05

8.87%

140.34

30.54%
Current Inflation

51.71

-51.90%

62.94

-41.46%

81.40

-24.29%

101.70

-5.40%

120.95

12.50%
Very High Inflation

45.45

-57.72%

54.26

-49.53%

68.42

-36.36%

84.03

-21.84%

98.83

-8.07%

Historical Nike Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Nike

View All Filings
Date Filed Form Type Document
May 24, 2023
8-K
Current Report
May 15, 2023
4
Insider Trading
May 12, 2023
144
Notice of Insider Sale Intent
May 09, 2023
8-K
Current Report
Apr 18, 2023
4
Insider Trading
Apr 17, 2023
144
Notice of Insider Sale Intent
Apr 10, 2023
4
Insider Trading
Apr 06, 2023
144
Notice of Insider Sale Intent
Apr 06, 2023
10-Q
Quarterly Report
Mar 21, 2023
8-K
Current Report

Latest Insider Trading transactions for NKE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-12
PARKER MARK G
sold
-13,294,600
120
-110,000
executive chairman
2023-05-12
PARKER MARK G
gifted
-
-
-21,090
executive chairman
2023-05-12
PARKER MARK G
acquired
3,484,250
31.675
110,000
executive chairman
2023-04-17
Nielsen Johanna
sold
-35,540
126
-282
vp: corp controller
2023-04-06
PARKER MARK G
gifted
-
-
-21,091
executive chairman
2023-04-06
PARKER MARK G
sold
-13,117,500
119
-110,000
executive chairman
2023-04-06
PARKER MARK G
acquired
3,484,250
31.675
110,000
executive chairman
2023-02-10
Miller Ann M
sold (taxes)
-39,602
122
-324
evp: chief legal officer
2023-02-10
Nielsen Johanna
sold (taxes)
-22,734
122
-186
vp: corp controller
2023-02-07
Henry Peter B.
bought
69,875
125
557
-

1–10 of 50

John J. Donahoe
65535
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team, and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities; and various plastic products to other manufacturers. Further, it provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, the company licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

NKE Income Statement

2023-02-28
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Feb. 28, 2023
Feb. 28, 2022
Income Statement [Abstract]    
Revenues$ 12,390$ 10,871$ 38,392$ 34,476
Cost of sales7,0195,80421,69518,500
Gross profit5,3715,06716,69715,976
Demand creation expense9238542,9682,789
Operating overhead expense3,0362,5849,0357,980
Total selling and administrative expense3,9593,43812,00310,769
Interest expense (income), net(7)5322165
Other (income) expense, net(58)(94)(283)(235)
Income before income taxes1,4771,6704,9555,277
Income tax expense237274916670
NET INCOME$ 1,240$ 1,396$ 4,039$ 4,607
Earnings per common share:    
Basic (in dollars per share)$ 0.80$ 0.88$ 2.59$ 2.91
Diluted (in dollars per share)$ 0.79$ 0.87$ 2.57$ 2.85
Weighted average common shares outstanding:    
Basic (in shares)1,543.81,579.01,556.71,581.1
Diluted (in shares)1,564.81,610.71,574.41,615.8

NKE Balance Sheet

2023-02-28
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 28, 2023
May 31, 2022
Current assets:  
Cash and equivalents$ 6,955$ 8,574
Short-term investments3,8474,423
Accounts receivable, net4,5134,667
Inventories8,9058,420
Prepaid expenses and other current assets1,8152,129
Total current assets26,03528,213
Property, plant and equipment, net4,9394,791
Operating lease right-of-use assets, net2,8342,926
Identifiable intangible assets, net277286
Goodwill281284
Deferred income taxes and other assets3,9283,821
TOTAL ASSETS38,29440,321
Current liabilities:  
Current portion of long-term debt500500
Notes payable1410
Accounts payable2,6753,358
Current portion of operating lease liabilities435420
Accrued liabilities5,5946,220
Income taxes payable330222
Total current liabilities9,54810,730
Long-term debt8,9258,920
Operating lease liabilities2,6922,777
Deferred income taxes and other liabilities2,5982,613
Commitments and contingencies
Redeemable preferred stock00
Shareholders' equity:  
Capital in excess of stated value12,07411,484
Accumulated other comprehensive income (loss)302318
Retained earnings2,1523,476
Total shareholders' equity14,53115,281
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY38,29440,321
Class A Convertible Common Stock  
Shareholders' equity:  
Common stock at stated value00
Class B Common Stock  
Shareholders' equity:  
Common stock at stated value$ 3$ 3