Nvidia Is Now Part of $3 Trillion Market Cap Club

Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.

NIKE, Inc
NYSE:NKE
$75.43
Open 75.5 Prev Close 75.24
High 75.92 Low 75.02
Volume 0 Volume (Avg) 11,952,857
52 Week High 147.65 52 Week Low 60.05
Market Cap 228.6B PE Ratio 17.43

General

NameNIKE, Inc
TickerNKE
ExchangeNYSE
SectorConsumer Cyclical
IndustryFootwear & Accessories
CurrencyUSD
CountryUSA
Fiscal Year EndMay
Full Time Employees75,400

About NIKE, Inc

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities; and various plastic products to other manufacturers. Further, it provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks; and action sports and youth lifestyle apparel and accessories under the Hurley trademark. Additionally, the company licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

Highlights

Analyst Target163.84
Market Cap228,559,503,360
PE Ratio17.43
PEG Ratio1.36
EBITDA5,094,000,128

Valuation

Trailing PE81.72
Forward PE36.76
Price/Sales (Trailing 12 Mt.)5.89
Price/Book (Most Recent Quarter)20.92

Technicals

Beta0.86
52 Week High147.65
52 Week Low60.05
50 Day Average138.92
200 Day Average132.92

Dividend

NIKE, Inc pays out a dividend of $1.01 per share, with a dividend yield of 1.92%.

NKE's last dividend payment was made to shareholders on April 1, 2021.

They pay out 52.00% of their earnings out as a dividend.

Recent Dividends

Jul 1, 2024$0.37
Apr 1, 2024$0.37
Jan 2, 2024$0.37
Oct 2, 2023$0.34
Jul 5, 2023$0.34
Apr 3, 2023$0.34
Dec 28, 2022$0.34
Oct 3, 2022$0.31
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