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Nike (NYSE: NKE) is a ubiquitous sportswear brand with a trailing 12-month revenue of $49 billion. The stock trades down 60% from its previous peak, which looks tempting for value investors. The ...
Nike stock looks cheap, but any upside potential hinges on its outlook. If the business continues to struggle with growth and profits, the stock likely has further to fall.
However, Nike stock doesn't represent a meaningfully lower value than the average for the S&P 500, as seen in the chart below. In contrast, ...
Despite Nike's struggles, the stock is not cheap, trading at 36 times this year's earnings estimate. And investors shouldn't buy Nike stock expecting it to reach Siegel's price target in the near ...
NKE PE Ratio (Forward) data by YCharts Is the stock a buy? Decker Brands has clearly been a fantastic stock to own over the last 10 years. But that doesn't automatically mean it is a buy today.
Like sports-team fans in the middle of a disastrous season, Nike (NYSE: NKE) stock investors likely can't wait for its losing streak to end. Shares are down 24% this year, with an even steeper 52% ...
Nike (NYSE: NKE) is proving that even some of the most dominant and well-known businesses can hit a rough patch. Can this consumer discretionary stock reverse course, rise 33% from its current $75 ...
Nike stock fell nearly 20% on Friday after the retailer said it expects revenue to decline more than it previously thought in the coming year.The company said Thursday it expects revenue to fall ...
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