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MarketScreener Homepage  >  Equities  >  Nyse  >  NIKE, Inc.    NKE

NIKE, INC.

(NKE)
  Report
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SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Nike, Inc. : Big comeback of buyers

08/03/2020 | 09:47am EST
08/03/2020 | 09:47am EST
long trade under condition
Target price hit
Entry price : 100.3$ | Target : 108$ | Stop-loss : 97$ | Cancellation Level : 95$ | Potential : 7.68%
Nike, Inc. shares have recently experienced an upward movement with a return of higher volumes and volatility. This technical chart pattern suggests a continuation of the upward movement.
Investors should benefit from the breakout of the $ 100.3 level to target the $ 108.
Nike, Inc. : Nike, Inc. : Big comeback of buyers
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

Strengths
  • Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 29% by 2023.
  • Analysts covering this company mostly recommend stock overweighting or purchase.

Weaknesses
  • The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
  • The stock is close to a major daily resistance at USD 104.29, which should be gotten rid of so as to gain new appreciation potential.
  • The company's enterprise value to sales, at 3.97 times its current sales, is high.
  • The firm trades with high earnings multiples: 42.24 times its 2021 earnings per share.
  • The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
  • The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
  • For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
  • For the last few months, analysts have been revising downwards their earnings forecast.
  • For the past year, analysts have significantly revised downwards their profit estimates.

© Zonebourse.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 42 046 M - -
Net income 2021 4 562 M - -
Net Debt 2021 879 M - -
P/E ratio 2021 46,5x
Yield 2021 0,77%
Capitalization 211 B 211 B -
EV / Sales 2021 5,03x
EV / Sales 2022 4,52x
Nbr of Employees 75 400
Free-Float 79,7%
Upcoming event on NIKE, INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Average target price 144,71 $
Last Close Price 134,13 $
Spread / Highest target 37,9%
Spread / Average Target 7,89%
Spread / Lowest Target -21,7%
EPS Revisions
Managers
NameTitle
John J. Donahoe President, Chief Executive Officer & Director
Mark G. Parker Executive Chairman
Andrew Campion Chief Operating Officer & Executive Vice President
Matthew Friend Chief Financial Officer & Executive Vice President
Philip Hampson Knight Chairman-Emeritus
Sector and Competitors
1st jan.Capitalization (M$)
NIKE, INC.32.40%210 561
ADIDAS AG-3.38%64 512
ANTA SPORTS PRODUCTS LIMITED57.28%38 327
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DECKERS OUTDOOR CORPORATION52.45%7 229
FENG TAY ENTERPRISES CO., LTD.17.23%5 960