Nike Inc Stock Today
| NKE Stock | USD 78.34 0.73 0.94% |
Performance0 of 100
| Odds Of DistressLess than 3
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Nike is trading at 78.34 as of the 28th of November 2024, a 0.94 percent increase since the beginning of the trading day. The stock's lowest day price was 77.59. Nike has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Nike Inc's common stock.
Business Domain Consumer Durables & Apparel | IPO Date 2nd of December 1980 | Category Consumer Cyclical | Classification Consumer Discretionary |
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells mens, womens, and kids athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. Nike operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. The company has 1.19 B outstanding shares of which 23.12 M shares are now shorted by investors with about 2.0 days to cover. More on Nike Inc
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Nike Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO President | Elliott Hill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 7 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | NIKE Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Textiles, Apparel & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, Dow Jones Industrial, NYSE Composite, NYSE 100 Index, SP 500 Index, ARCA Institutional, BTRINVSTNG 100 INDEX, BETTERINVESTING 100 INDEX, SP 100, Office Supplies, ESG Investing, Apparel, Millennials Best, Baby Boomer Prospects, Giant Impact, Corona Opportunity, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Footwear & Accessories, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsNike can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nike's financial leverage. It provides some insight into what part of Nike's total assets is financed by creditors.
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Nike Inc (NKE) is traded on New York Stock Exchange in USA. It is located in One Bowerman Drive, Beaverton, OR, United States, 97005-6453 and employs 79,400 people. Nike is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 115.52 B. Nike Inc runs under Textiles, Apparel & Luxury Goods sector within Consumer Discretionary industry. The entity has 1.19 B outstanding shares of which 23.12 M shares are now shorted by investors with about 2.0 days to cover.
Nike Inc has about 7.44 B in cash with 7.43 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.59.
Check Nike Probability Of Bankruptcy
Ownership AllocationNike Inc maintains a total of 1.19 Billion outstanding shares. The majority of Nike outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nike Inc to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nike Inc. Please pay attention to any change in the institutional holdings of Nike as this could imply that something significant has changed or is about to change at the company. Please note that on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Nike Inc's common stock.
Check Nike Ownership Details
Nike Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Fmr Inc | 2024-09-30 | 16.1 M | |
| Goldman Sachs Group Inc | 2024-06-30 | 14.7 M | |
| Norges Bank | 2024-06-30 | 14.2 M | |
| Northern Trust Corp | 2024-09-30 | 13.5 M | |
| Wells Fargo & Co | 2024-06-30 | 13.4 M | |
| Alliancebernstein L.p. | 2024-06-30 | 12.3 M | |
| Ubs Asset Mgmt Americas Inc | 2024-09-30 | 11.2 M | |
| Legal & General Group Plc | 2024-06-30 | 11 M | |
| Bank Of America Corp | 2024-06-30 | 10.9 M | |
| Vanguard Group Inc | 2024-09-30 | 110.5 M | |
| Blackrock Inc | 2024-06-30 | 91.5 M |
Nike Historical Income Statement
Nike Stock Against Markets
Nike Corporate Directors
| Cathleen Benko | Independent Director | Profile | |
| John Rogers | Independent Director | Profile | |
| Peter Henry | Independent Director | Profile | |
| Travis Knight | Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nike Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Textiles, Apparel & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 1.48 | Earnings Share 3.49 | Revenue Per Share 33.122 | Quarterly Revenue Growth (0.10) |
The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nike is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.