NIKE Inc. (NYSE: NKE) started the day on December 13, 2021, with a price decrease of -1.31% at $166.84. During the day, the stock rose to $169.39 and sunk to $165.26 before settling in for the price of $169.06 at the close. Taking a more long-term approach, NKE posted a 52-week range of $125.44-$179.10.
The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 6.60% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 10.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 123.10%. This publicly-traded company’s shares outstanding now amounts to $1.58 billion, simultaneously with a float of $1.26 billion. The organization now has a market capitalization sitting at $263.71 billion. At the time of writing, stock’s 50-day Moving Average stood at $165.27, while the 200-day Moving Average is $151.67.
It is quite necessary to find out the efficiency of the corporate organization, which has 73300 number of employees on its payroll. It has generated 606,999 per worker during the last fiscal year. Meanwhile, its income per employee was 78,131. The stock had 12.34 Receivables turnover and 1.29 Total Asset turnover. For the Profitability, stocks gross margin was +44.74, operating margin was +16.03 and Pretax Margin of +14.97.
NIKE Inc. (NKE) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Footwear & Accessories Industry. NIKE Inc.’s current insider ownership accounts for 0.20%, in contrast to 83.20% institutional ownership. According to the most recent insider trade that took place on Nov 15, this organization’s EVP, CAO & General Counsel sold 10,750 shares at the rate of 169.70, making the entire transaction reach 1,824,275 in total value, affecting insider ownership by 151,336. Preceding that transaction, on Nov 03, Company’s EXECUTIVE CHAIRMAN sold 60,000 for 171.37, making the whole transaction’s value amount to 10,282,115. This particular insider is now the holder of 1,405,824 in total.
NIKE Inc. (NKE) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 5/30/2021, the organization reported $0.93 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.51) by $0.42. This company achieved a net margin of +12.87 while generating a return on equity of 55.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.01 per share during the current fiscal year.
NIKE Inc.’s EPS increase for this current 12-month fiscal period is 123.10% and is forecasted to reach 4.75 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.95% through the next 5 years, which can be compared against the 10.50% 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 2.40. The Stock has managed to achieve an average true range (ATR) of 3.92. Alongside those numbers, its PE Ratio stands at $44.33, and its Beta score is 0.94. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.71. Similarly, its price to free cash flow for trailing twelve months is now 58.68.
In the same vein, NKE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.76, a figure that is expected to reach 1.47 in the next quarter, and analysts are predicting that it will be 4.75 at the market close of one year from today.
Technical Analysis of NIKE Inc. (NKE)
If we take a close look at the recent performances of NIKE Inc. (NYSE: NKE), its last 5-days Average volume was 5.49 million that shows plunge from its year to date volume of 6.38 million. During the previous 9 days, stock’s Stochastic %D was recorded 25.43% While, its Average True Range was 3.79.
Raw Stochastic average of NIKE Inc. (NKE) in the period of the previous 100 days is set at 64.70%, which indicates a major rise in contrast to 19.34% 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 18.77% that was lower than 22.56% volatility it exhibited in the past 100-days period.