Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Profitability ratio Description The company Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Nike Inc. gross profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. Operating profit margin A profitability ratio calculated as operating income divided by revenue.
- Additionally, the growing middle class in emerging markets, as well as greater China, should keep the demand for its products growing.
- Oregon-based Nike is one of the most recognized brands across the globe.
- Operating profit margin A profitability ratio calculated as operating income divided by revenue.
- That’s because it is consistently focused on product and marketing innovation.
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The company’s share price and financial performance is dependent on currency fluctuations, consumer tastes, growth in emerging markets, as well as technology. For example, its acquisition of Mirror, a connected fitness product, hasn’t yet panned out in the way management expected, and it’s revised its goals for Mirror. People are out again, and home fitness https://www.ig.com/en/forex products such as Peloton’s equipment have seen dropping sales. It’s launching a highly anticipated footwear line that’s likely to do better. In general, a proactive approach is a positive quality for a growth company, as long as investments are well thought out. It offers fitness enthusiasts a community feel with classes and products that speak to them.
Nke Earnings Date And Information
Nike’s focus on brand recognition and growth via endorsements, along with investments in research and development (R&D) and demand generation, should continue to pay off. Additionally, the growing middle class in emerging markets, as well as greater China, should keep the demand for its products growing. http://dotbig.com/markets/stocks/NKE/ As such, the company’s board of directors approved an increase to its annual dividend, raising it from 88 cents to 98 cents per share. That translates to an increase from 22 cents to 24.5 cents per quarter for each share. View our full suite of financial calendars and market data tables, all for free.
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual NIKE stock securities. Lululemon appears to have strong future opportunities and the tools and management to achieve them, and it’s a great pick while stock prices are down. I am confident in Lululemon’s ability to change with trends and adapt, keeping its place in activewear.
You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Oregon-based Nike is one of the most recognized brands across the globe. The company, founded in 1964 as Blue Ribbon Forex news Sports, is still going strong even today. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.
There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.