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, 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 400 factories in more than 40 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
| Website: | www.nike.com |
| Main Phone: | +1 503 671-6453 |
| Address: | One Bowerman Drive |
| State: | OR |
| City / Town: | Beaverton |
| Country: | USA |
| Postal Code: | 97005-6453 |
| Exchange: | NYE |
| CEO: | John J. Donahoe |
| Employees: | 76700 |
| NAICS: | Footwear Manufacturing(316210) |
The destructive weight of the COVID-19 pandemic is expected to contract the $2.5 trillion global fashion industry by up to 30% in 2020.
In addition to my concerns about the Fed's money printing machine and the election just over four months away, keep an eye on these "vaccine stocks" that are getting fueled by rampant speculation.
Nike's wholesale business came to a halt amid the health crisis. That led to a 50% fall in shipments, increased inventory and higher costs due to order cancellations.
CNBC reported that a dispute between Sen. Bernie Sanders and Republicans over unemployment aid could cause the coronavirus aid bill to be delayed.
US, Canadian and European stores will be temporarily closed.
“You have a lot of evidence that things are still in the process of getting bad, and we don’t really know how bad.”
Nike shares fell nearly 6% amid plunging broader markets.
The companies make nearly one-third of their sales in Asia.
Sean Brown is the President and CEO of YCharts.
Let's take a deep dive into sectors, the Fed and trade wars.
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, 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 400 factories in more than 40 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
| Website: | www.nike.com |
| Main Phone: | +1 503 671-6453 |
| Address: | One Bowerman Drive |
| State: | OR |
| City / Town: | Beaverton |
| Country: | USA |
| Postal Code: | 97005-6453 |
| Exchange: | NYE |
| CEO: | John J. Donahoe |
| Employees: | 76700 |
| NAICS: | Footwear Manufacturing(316210) |
The destructive weight of the COVID-19 pandemic is expected to contract the $2.5 trillion global fashion industry by up to 30% in 2020.
In addition to my concerns about the Fed's money printing machine and the election just over four months away, keep an eye on these "vaccine stocks" that are getting fueled by rampant speculation.
Nike's wholesale business came to a halt amid the health crisis. That led to a 50% fall in shipments, increased inventory and higher costs due to order cancellations.
CNBC reported that a dispute between Sen. Bernie Sanders and Republicans over unemployment aid could cause the coronavirus aid bill to be delayed.
US, Canadian and European stores will be temporarily closed.
“You have a lot of evidence that things are still in the process of getting bad, and we don’t really know how bad.”
Nike shares fell nearly 6% amid plunging broader markets.
The companies make nearly one-third of their sales in Asia.
Sean Brown is the President and CEO of YCharts.
Let's take a deep dive into sectors, the Fed and trade wars.
| Last Price 97.07 | Change $ -2.88 | Change % -2.88 | Tick N/A |
| Bid N/A | Bid Size 0.00 | Ask N/A | Ask Size 0.00 |
| Open 99.22 | High 99.55 | Low 96.92 | Prev Close 99.95 |
| Last Trade | Volume 6.4 mi | 52 Wk Hi 105.63 | 52 Wk Low 60.00 |
| Market Cap 150.9 bi | Ex-Div Date | Div Rate 0.98 | Yield 1.0100 |
| Shares 1,555,034,734.00 | EPS (TTM) 1.58 | PE Ratio 63.30 | Exchange NYSE |
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| Last 3 Mo | Last 12 Mo | |
|---|---|---|
| Number of Insider Trades | 15 | 138 |
| Number of Buys | 5 | 55 |
| Number of Sells | 10 | 83 |
| Net Activity | -292000 | -3985248 |
| Last 10 Buys | Shares |
|---|---|
| John C Lechleiter | 1,000 |
| John C Lechleiter | 1,000 |
| John C Lechleiter | 1,000 |
| John C Lechleiter | 1,000 |
| John C Lechleiter | 1,000 |
| John C Lechleiter | 1,000 |
| John C Lechleiter | 1,000 |
| John C Lechleiter | 1,000 |
| John C Lechleiter | 1,000 |
| Orin C. Smith | 1,000 |
| Last 10 Sell | Shares |
|---|---|
| Monique S. Matheson | 1,000 |
| Eric D. Sprunk | 1,000 |
| Mark G. Parker | 1,000 |
| Eric D. Sprunk | 1,000 |
| Eric D. Sprunk | 1,000 |
| Mark G. Parker | 1,000 |
| Trevor A. Edwards | 1,000 |
| Eric D. Sprunk | 1,000 |
| Eric D. Sprunk | 1,000 |
| John F. Slusher | 1,000 |
| Current | 1 Week Ago | 2 Weeks Ago | 3 Weeks Ago | |
|---|---|---|---|---|
| High Target Price Estimate | 80 | 80 | 80 | 82 |
| Low Target Price Estimate | 50 | 50 | 50 | 50 |
| Mean Target Price Estimate | 69.29 | 69.29 | 68.59 | 70.19 |
| Standard Deviation | 7.58 | 7.58 | 8.08 | 7.84 |
| Date of Most Recent Estimate | 05/28/18 | 05/28/18 | 05/18/18 | 06/14/18 |
| Form Type | Form Description | Pages | Date |
|---|---|---|---|
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-11 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-06 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-06 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| SD | Specialized Disclosure Report | 10 | 2018-05-31 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-05-23 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-05-17 |
| 10-Q | Quarterly report with a continuing view of a company's financial position | 98 | 2018-04-05 |
| 8-K | Report of unscheduled material events or corporate changes. | 14 | 2018-03-27 |
| 8-K | Report of unscheduled material events or corporate changes. | 7 | 2018-03-22 |
| Current | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|
| Strong Buy | 10 | 11 | 12 | 12 |
| Moderate Buy | 1 | 1 | 1 | 1 |
| Hold | 11 | 11 | 12 | 12 |
| Moderate Sell | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Mean Rec. | 2.13 | 2.08 | 2.08 | 2.08 |
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* All dates and time are being displayed in Eastern Standard Time (EST).
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