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Morningstar

Nike Inc Class B NKE Stock Quote

Morningstar Rating
| Rating as of

NYSE: NKE

Last close prices updated as of Feb 07, 2023, 4:10 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 125.73
  • Sector Consumer Cyclical
  • Industry Footwear & Accessories
  • Investment Style Large Growth
  • Day Range 123.25  –  125.93
  • Year Range 82.22  –  147.54
  • Market Cap 194.3321 Bil
  • Volume / Avg 5.3 Mil /  8.0 Mil
  • Price / Sales 4.07
  • Price / Book 12.77
  • Forward Div Yield 1.08%
  • Trailing Div Yield 1.00%

Morningstar‘s Stock Analysis NKE

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Wide-Moat Nike’s Powerful Brand and Digital Strategy Allowing It to Overcome Market Turmoil

David Swartz Senior Equity Analyst

Business Strategy and Outlook

| David Swartz |

We view Nike as the leader of the athletic apparel market and believe it will overcome current challenges despite near-term inventory and economic issues. Our wide moat rating on the company is based on its intangible brand asset, as we believe it will maintain premium pricing and generate economic profits for at least 20 years. Nike, the largest athletic footwear brand in all major categories and in all major markets, dominates categories like running and basketball with popular shoe styles. While it does face significant competition, we believe it has proven over a long period that it can maintain share and pricing.

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Key Statistics NKE

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Company Profile NKE

Business Description

Nike is the largest athletic footwear and apparel brand in the world. It designs, develops, and markets athletic apparel, footwear, equipment, and accessories in six major categories: running, basketball, football (soccer), training, sportswear, and Jordan. Footwear generates about two thirds of its sales. Nike’s brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide and outsources its production to more than 300 factories in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.

Contact
One Bowerman Drive
Beaverton, OR, 97005-6453
Sector Consumer Cyclical
Industry Footwear & Accessories
Employees 79,100

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We think investors are underestimating its brand strength and long-term growth prospects in China, as well as the potential for margin enhancement as it continues to shift to direct-to-consumer from wholesale distribution in North America.
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Related News NKE

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FAQs for Nike Inc Class B Stock

Yes. NKE has a forward dividend yield of 1.08%. See NKE’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

NKE’s market cap is 194.33 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

NKE’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

NKE’s price/sales is 4.07.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

NKE’s price/forward earnings is 30.12.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

NKE’s price/book is 12.77.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See NKE’s valuation ratios compared to the Market Index.

NKE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare NKE’s historical performance against its industry peers and the overall market.