- Investing.com
Strategic Reset | Nike embarks on a comprehensive overhaul, focusing on product innovation and brand-building initiatives to address challenges in lifestyle segment and digital sales |
Financial Headwinds | FY25 guidance projects revenue decline, prompting EPS estimate cuts. Gross margins expected to expand modestly despite anticipated revenue dips |
Competitive Landscape | Nike faces intensifying competition as consumer preferences shift. Success hinges on product innovation and effective brand portfolio management |
Analyst Perspectives | Average price target of $89.83, with estimates ranging from $75 to $120, reflecting varied outlooks on Nike's profitability and growth potential |
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.
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 | 21.9x | 13.5x | 10.4x | |
PEG Ratio | 2.77 | 0.06 | 0.02 | |
Price/Book | 8.3x | 2.8x | 1.4x | |
Price / LTM Sales | 2.3x | 1.5x | 0.9x | |
Upside (Analyst Target) | 18.7% | 16.9% | 23.5% | |
Fair Value Upside | Unlock | 19.4% | 8.5% | Unlock |