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NIKE, Inc. (NYSE: NKE) – Is this large market cap stock undervalued?

NIKE, Inc. (NYSE: NKE), is firmly in the large market cap category with market cap of 88397.58. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for NIKE, Inc. is 51.88 (with a change from open of -0.40%), this in conjunction with a target price of 63.77. Volume today has so far reached 4740802, with an average volume of about 8982.75. The GAP for this stock, is -0.67%.

The P/E ratio is 23.65, bringing the forward P/E to a value of 19.42. The current EPS for NIKE, Inc., is 2.22, with a EPS growth for this year coming to a value of 16.60%. Performance has been interesting with performance year to date coming to -15.40%.

Looking further into the growth statistics for NIKE, Inc., EPS is looking like it will grow 13.68% in the next year. Looking even further it is projected to be 12.98%. Quarter over quarter is 8.80% for EPS growth and for sales growth quarter over quarter it is 7.70%. Looking at past EPS growth statistics we see that for the past five years it has been 14.10%. Sales growth for the past five years has in fact been 10.00%.

Looking at the ownership, we see that the insider ownership is at 2.10% and institutional ownership is 79.30%. Shares outstanding is 1685.69, while shares float is at a value of 1318.45. Float short for NIKE, Inc. is 1.84% and the short ratio is 2.7.

In terms of debt, long term debt/equity is 0.16, while the total debt/equity comes to 0.17. The ability to meet these debts, means that the current ratio is 2.7, and the quick ratio is 1.8. The most recent gross margin is 45.70% and their operating margin is 13.10%. The profit margin is 11.60%.

NIKE, Inc. has seen returns on assets of 17.80%, and on investment, 25.40%. Return on equity is 30.60%. Price/Earnings to growth ratio is 1.82. Price/Sales ratio is at a value of 2.68, with Price/book ratio coming to 7.2 and Price/cash is 18.47, and finally Price/Free cash Flow is *TBA.

The simple moving averages are -6.70% and -9.75% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -23.29% and the 52 week low is 1.06%.

NIKE, Inc. has a dividend yield of 1.22%, with a current price of 51.88. The ability to pay this means the payout ratio is 28.20%. This is in an industry, Textile – Apparel Footwear & Accessories, with equally high dividends from other companies in this sector, which it is Consumer Goods. NIKE, Inc. is based in USA.

Performance in the Textile – Apparel Footwear & Accessories industry means that NIKE, Inc. has seen performance for the past week of 0.61%, with performance for the month coming to -5.29%. Looking at the data for the quarter it is at a value of -10.09%, and for the half year the performance is -15.74%. Volatility for this week is 1.26% and for the month this is 1.57%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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