Nike, Inc. (NYSE: NKE) is the world’s largest company in the textile – apparel, footwear and accessories industry. As of November 1 2019, Nike had a market capitalization of $112 billion. Nike first began as Blue Ribbon Sports in 1964 and became incorporated as Nike in 1971.
Similarly, Is NKE a buy or sell?
NIKE has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 25 buy ratings, 4 hold ratings, and 1 sell rating.
Is NKE in Nasdaq? Common Stock (NKE) Stock Price, Quote, News & History | Nasdaq .
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Key Data.
| Label | Value |
|---|---|
| Previous Close | $124.98 |
| 52 Week High/Low | $179.10/$116.75 |
| Market Cap | 200,198,959,731 |
| P/E Ratio | 33.56 |
Thereof, Which company owns the ticker symbol NKE at the NYSE?
Nike Inc NKE:NYSE.
What sector is NKE in?
NIKE’s sector is Consumer Discretionary.
Is Nike a blue chip stock?
Blue-chip stocks are companies that have been around for a long time, are worth a lot of money, and are financially healthy. Most blue-chips are household names like Nike and Coca-Cola.
Where are Nike products manufactured?
Almost all Nike shoes are made outside the US. Instead, Nike shoes are being produced in 14 countries, with 96% of them manufactured in Nike’s factories in China, Indonesia, and Vietnam. China and Vietnam are the leading manufacturers, each of which accounts for 36% of Nike’s total production worldwide.
Who is Nike biggest competitor?
Here are top Nike’s competitors and alternatives:
- Adidas. Established in 1949, Adidas is a global brand and Nike’s top competitor. …
- New Balance. Founded in1906, New Balance expanded to become one of the top footwear brands in the world. …
- Puma. …
- Reebok. …
- Converse. …
- Fila. …
- Under Armour. …
- Lululemon.
Who is Nike owned by?
The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., and BlackRock Inc.
Is NKE overvalued?
Nike is significantly overvalued. The stock is trading at 4.44 times its book value, 11.74% higher than its five-year average.
Is bluechip a good investment?
Blue-chip stocks are considered safe investment options as they can endure economic downturns and are not highly volatile. They also present a slow but moderate growth potential. These are typically dividend-paying stocks where the payment is made quarterly.
Is Tesla blue chip?
Overall, TSLA stock is worth buying on corrections and is among the top blue-chip stocks to hold for 2022 and beyond.
Does Nike use child labor?
The Code of Conduct lays out the required minimum standards we expect each supplier factory or facility to meet in producing NIKE products and includes strict requirements around forced and child labor, excessive overtime, compensation, and freedom of association amongst other requirements.
Does Nike own factories?
Yet NIKE owns no factories for manufacturing its footwear and apparel, which make up ~88% of its revenues. Instead, manufacturing is outsourced to third parties because of the cost advantages of doing so. Most raw materials in NIKE’s supply chain are sourced in the manufacturing host country by independent contractors.
Is Nike an American company?
Nike, Inc., formerly (1964–78) Blue Ribbon Sports, American sportswear company headquartered in Beaverton, Oregon. It was founded in 1964 as Blue Ribbon Sports by Bill Bowerman, a track-and-field coach at the University of Oregon, and his former student Phil Knight.
What do Nike own?
In addition to the Nike and Jordan brands, our wholly-owned subsidiaries include Cole Haan (luxury shoes, handbags, accessories and coats); Converse (athletic and lifestyle footwear, apparel and accessories); Hurley (action sports and youth lifestyle footwear, apparel and accessories); Nike Golf, and Umbro (a leading …
Does Nike Own Jordan?
Air Jordan is an American brand of basketball shoes, athletic, casual, and style clothing produced by Nike .
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Air Jordan.
| The silhouette of Michael Jordan served as inspiration to create the « Jumpman » logo. | |
|---|---|
| Product type | Basketball Shoes, Clothing |
| Owner | Nike |
| Country | United States |
What brands do Nike own?
Wholly owned Nike subsidiaries include Converse Inc., which designs, markets and distributes athletic footwear, apparel and accessories; NIKE Bauer Hockey Inc., a leading designer and distributor of hockey equipment; Cole Haan, which designs, markets, and distributes fine dress and casual shoes and accessories; Hurley …
Does Michael Jordan own Nike?
Michael Jordan had to start his own company after things got problematic with Nike: he owns the brand and is the only one besides Nike that can use the name “Jordan” in merchandise. With all that said, MJ is still associated with Nike since they own the rights to use the name “Air Jordan.”
Is Jordan brand still owned by Nike?
Air Jordan is an American brand of basketball shoes, athletic, casual, and style clothing produced by Nike .
…
Air Jordan.
| The silhouette of Michael Jordan served as inspiration to create the « Jumpman » logo. | |
|---|---|
| Product type | Basketball Shoes, Clothing |
| Owner | Nike |
| Country | United States |
Does Nike still own Converse?
Acquired by Nike in 2003 for $305 million, Converse is now a subsidiary of the American multinational corporation. When Nike bought Converse, the latter had annual sales of just over $200 million. Since then, sales have ballooned almost 10 times to approximately $1.7 billion in revenue.
Is Nike overvalued 2021?
What is NIKE worth? The stock is currently trading at US$169 on the share market, which means it is overvalued by 39% compared to my intrinsic value of $121.86.
Is Nike undervalued or overvalued?
Is Nike Inc Stock Undervalued? The current Nike Inc [NKE] share price is $129.38. The Score for NKE is 42, which is 16% below its historic median score of 50, and infers higher risk than normal. NKE is currently trading in the 40-50% percentile range relative to its historical Stock Score levels.
What Nike fair value?
NIKE’s fair value is $141.25.
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