Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

NIKE, INC.

(NKE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Nike, Inc. : Big comeback of buyers

08/03/2020 | 09:47am EDT
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.

ę MarketScreener.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 2022 47 123 M - -
Net income 2022 5 655 M - -
Net cash 2022 3 476 M - -
P/E ratio 2022 45,4x
Yield 2022 0,71%
Capitalization 253 B 253 B -
EV / Sales 2022 5,29x
EV / Sales 2023 4,51x
Nbr of Employees 73 300
Free-Float 79,8%
Upcoming event on NIKE, INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 29
Last Close Price 159,58 $
Average target price 181,15 $
Spread / Average Target 13,5%
EPS Revisions
Managers and Directors
John J. Donahoe President, Chief Executive Officer & Director
Matthew Friend Chief Financial Officer & Executive Vice President
Mark G. Parker Executive Chairman
Andrew Campion Chief Operating Officer & Executive Vice President
Ann Miller Secretary, VP, Chief Ethics & Compliance Officer
Sector and Competitors
1st jan.Capi. (M$)
NIKE, INC.12.80%252 631
ADIDAS AG-2.95%65 718
FENG TAY ENTERPRISES CO., LTD.10.53%6 862
KINGNET NETWORK CO., LTD.-4.04%1 526
361 DEGREES INTERNATIONAL LIMITED241.67%1 036
HWASEUNG ENTERPRISE CO., LTD.25.00%952