NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the NIKE, Jumpman, Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. It also sells a line of performance equipment and accessories comprising bags, sport balls, socks, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. In addition, the company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel; licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks; and operates digital platforms, including fitness and activity apps; sport, fitness, and wellness content; and digital services and features in retail stores. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was founded in 1964 and is headquartered in Beaverton, Oregon.
Analyst Perspectives | Learn about the diverse analyst views on Nike's future, with price targets ranging from $64 to $115, reflecting both challenges and growth potential |
Market Dynamics | Delve into Nike's efforts to navigate increased competition, market fragmentation, and evolving consumer preferences in the global sportswear industry |
Financial Outlook | Analyst projections reveal a cautious near-term outlook for Nike, with EPS estimates ranging from $1.55 to $2.88 for upcoming fiscal years |
Strategic Reboot | Explore Nike's comprehensive plan to address inventory challenges, recapture market share, and drive innovation in the competitive sportswear landscape |
Metrics to compare | NKE | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipNKEPeersSector | |
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P/E Ratio | 33.5x | 16.2x | 11.0x | |
PEG Ratio | −0.79 | 0.11 | 0.02 | |
Price / Book | 8.2x | 1.4x | 1.4x | |
Price / LTM Sales | 2.3x | 1.3x | 0.9x | |
Upside (Analyst Target) | 1.1% | −3.9% | 19.1% | |
Fair Value Upside | Unlock | 17.5% | 9.0% | Unlock |