NIKE Inc. (NKE): Skating on Thin Ice? We Know the Answer

NIKE Inc. (NYSE:NKE) went down by -3.77% from its latest closing price compared to the recent 1-year high of $147.95. The company’s stock price has collected -3.83% of loss in the last five trading sessions. MarketWatch.com reported 7 hours ago that Nike Inc. Cl B stock underperforms Monday when compared to competitors

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Is It Worth Investing in NIKE Inc. (NYSE :NKE) Right Now?

NIKE Inc. (NYSE:NKE) scored a price-to-earnings ratio above its average ratio, recording 77.92 x from its present earnings ratio. Plus, the 36-month beta value for NKE is at 0.88. Opinions of the stock are interesting as 24 analysts out of 31 who provided ratings for NIKE Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $166.72, which is $26.02 above the current price. NKE currently public float of 1.27B and currently shorts hold a 1.00% ratio of that float. Today, the average trading volume of NKE was 5.53M shares.

NKE’s Market Performance

NKE stocks went down by -3.83% for the week, with a monthly drop of -3.49% and a quarterly performance of 3.83%, while its annual performance rate touched 36.33%. The volatility ratio for the week stands at 3.02% while the volatility levels for the past 30 days are set at 2.32% for NIKE Inc.. The simple moving average for the period of the last 20 days is -2.28% for NKE stocks with a simple moving average of 15.06% for the last 200 days.

Analysts’ Opinion of NKE

Many brokerage firms have already submitted their reports for NKE stocks, with Telsey Advisory Group repeating the rating for NKE by listing it as a “Outperform.” The predicted price for NKE in the upcoming period, according to Telsey Advisory Group is $175 based on the research report published on December 21st of the previous year 2020.

KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see NKE reach a price target of $174. The rating they have provided for NKE stocks is “Overweight” according to the report published on December 11th, 2020.

RBC Capital Mkts gave a rating of “Outperform” to NKE, setting the target price at $145 in the report published on November 12th of the previous year.

NKE Trading at -2.86% from the 50-Day Moving Average

After a stumble in the market that brought NKE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.62% of loss for the given period.

Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 3.02%, as shares sank -1.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.76% lower at present.

During the last 5 trading sessions, NKE fell by -3.83%, which changed the moving average for the period of 200-days by +54.53% in comparison to the 20-day moving average, which settled at $139.72. In addition, NIKE Inc. saw -3.39% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NKE starting from Krane Hilary K, who sale 18,500 shares at the price of $141.61 back on Feb 10. After this action, Krane Hilary K now owns 150,185 shares of NIKE Inc., valued at $2,619,785 using the latest closing price.

Abston Chris L, the VP: CORP CONTROLLER of NIKE Inc., sale 30,000 shares at $145.00 during a trade that took place back on Jan 07, which means that Abston Chris L is holding 3,363 shares at $4,350,000 based on the most recent closing price.

Stock Fundamentals for NKE

Current profitability levels for the company are sitting at:

  • +7.40 for the present operating margin
  • +42.47 for the gross margin

The net margin for NIKE Inc. stands at +6.79. The total capital return value is set at 16.49, while invested capital returns managed to touch 15.44. Equity return is now at value 30.60, with 9.00 for asset returns.

Based on NIKE Inc. (NKE), the company’s capital structure generated 161.58 points at debt to equity in total, while total debt to capital is 61.77. Total debt to assets is 41.53, with long-term debt to equity ratio resting at 152.94. Finally, the long-term debt to capital ratio is 58.47.

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When we switch over and look at the enterprise to sales, we see a ratio of 4.31, with the company’s debt to enterprise value settled at 0.08. The receivables turnover for the company is 10.66 and the total asset turnover is 1.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.48.

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