As on November 24, 2020, NIKE Inc. (NYSE: NKE) got off with the flyer as it spiked 0.42% to $134.70. During the day, the stock rose to $135.99 and sunk to $134.21 before settling in for the price of $134.13 at the close. Taking a more long-term approach, NKE posted a 52-week range of $60.00-$136.35.
The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 4.10% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -2.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -35.90%. This publicly-traded company’s shares outstanding now amounts to $1.56 billion, simultaneously with a float of $1.25 billion. The organization now has a market capitalization sitting at $209.75 billion. At the time of writing, stock’s 50-day Moving Average stood at $126.83, while the 200-day Moving Average is $103.13.
It is quite necessary to find out the efficiency of the corporate organization, which has 75400 number of employees on its payroll. It has generated 496,286 per worker during the last fiscal year. Meanwhile, its income per employee was 33,674. The stock had 10.66 Receivables turnover and 1.36 Total Asset turnover. For the Profitability, stocks gross margin was +42.47, operating margin was +7.40 and Pretax Margin of +7.72.
NIKE Inc. (NKE) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Footwear & Accessories industry. NIKE Inc.’s current insider ownership accounts for 1.30%, in contrast to 84.00% institutional ownership. According to the most recent insider trade that took place on Oct 28, this organization’s EVP, CAO & General Counsel sold 5,670 shares at the rate of 123.30, making the entire transaction reach 699,111 in total value, affecting insider ownership by 150,185. Preceding that transaction, on Oct 14, Company’s EVP, CAO & General Counsel sold 11,000 for 129.53, making the whole transaction’s value amount to 1,424,830. This particular insider is now the holder of 155,855 in total.
NIKE Inc. (NKE) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 8/30/2020, the company posted $0.95 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.47) by $0.48. This company achieved a net margin of +6.79 while generating a return on equity of 29.70. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.75 per share during the current fiscal year.
NIKE Inc.’s EPS decrease for this current 12-month fiscal period is -35.90% and is forecasted to reach 3.69 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 25.14% through the next 5 years, which can be compared against the -2.90% growth it accomplished over the previous five years trading on the market.
NIKE Inc. (NYSE: NKE) Trading Performance Indicators
Let’s observe the current performance indicators for NIKE Inc. (NKE). It’s Quick Ratio in the last reported quarter now stands at 1.80. The Stock has managed to achieve an average true range (ATR) of 2.84. Alongside those numbers, its PE Ratio stands at $80.37, and its Beta score is 0.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.62. Similarly, its price to free cash flow for trailing twelve months is now 416.18.
In the same vein, NKE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.68, a figure that is expected to reach 0.61 in the next quarter, and analysts are predicting that it will be 3.69 at the market close of one year from today.
Technical Analysis of NIKE Inc. (NKE)
Through scrutinizing the latest numbers posted by the [NIKE Inc., NKE], it can be observed that its last 5-days Average volume of 5.57 million was lower the volume of 7.54 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 89.13% While, its Average True Range was 2.68.
Raw Stochastic average of NIKE Inc. (NKE) in the period of the previous 100 days is set at 96.00%, which indicates a major rise in contrast to 84.62% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 13.92% that was lower than 25.74% volatility it exhibited in the past 100-days period.