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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 89348.71. 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 53.25 (with a change from open of -2.47%), this in conjunction with a target price of 65.44. Volume today has so far reached 32629000, with an average volume of about 9401.91. The GAP for this stock, is -1.34%.

The P/E ratio is 24.68, bringing the forward P/E to a value of 19.32. The current EPS for NIKE, Inc., is 2.16, 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 -14.09%.

Looking further into the growth statistics for NIKE, Inc., EPS is looking like it will grow 14.93% in the next year. Looking even further it is projected to be 14.08%. Quarter over quarter is -0.10% for EPS growth and for sales growth quarter over quarter it is 6.00%. 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 2.00% and institutional ownership is 79.30%. Shares outstanding is 1677.91, while shares float is at a value of 1322.57. Float short for NIKE, Inc. is 1.89% and the short ratio is 2.66.

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 2.8, and the quick ratio is 1.9. The most recent gross margin is 46.20% and their operating margin is 13.90%. The profit margin is 11.60%.

NIKE, Inc. has seen returns on assets of 17.50%, and on investment, 25.40%. Return on equity is 29.60%. Price/Earnings to growth ratio is 1.75. Price/Sales ratio is at a value of 2.76, with Price/book ratio coming to 7.3 and Price/cash is 16.37, and finally Price/Free cash Flow is 45.75.

The simple moving averages are -5.71% and -8.38% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -21.27% and the 52 week low is 3.73%.

NIKE, Inc. has a dividend yield of 1.20%, with a current price of 53.25. The ability to pay this means the payout ratio is 28.00%. 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 -3.78%, with performance for the month coming to -8.92%. Looking at the data for the quarter it is at a value of -3.14%, and for the half year the performance is -10.05%. Volatility for this week is 2.34% and for the month this is 1.72%.

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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Mark Hines

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