NIKE's E-Commerce Momentum Builds: Is it Enough to Offset Retail Woes?
NKE's digital push gains pace with premium online strategies, but retail softness and China recovery remain hurdles.
JD Sport: A cut price way of coat-tailing on Nike's return to form?
JD Sports Fashion PLC (LSE:JD.) has long ridden in Nike's slipstream.
Nike Offers A Step Up In Value From Here
Nike's fundamentals have deteriorated, but recent management changes and innovation efforts offer a path to recovery and renewed growth. Despite significant stock appreciation, I see further, though more modest, upside potential, justifying my continued soft "buy" rating. Valuation is elevated versus peers, but only modest profit and cash flow improvements are needed for fair value based on historical norms.
Wholesale Recovery Spurs at NIKE: Early Signs or Short-Lived Lift?
NKE sees early signs of wholesale recovery as it revamps strategies and deepens retail partnerships. However, challenges linger.
Higher Consumer Confidence Could Benefit These 3 Retail Stocks
As the market stays near its all-time highs, understanding and breaking down the fundamental data becomes more important than ever for investors. With this in mind, there are typically two sets of data that truly drive the view and performance of the different sectors of the economy: first, the business data, and then the consumer data to balance the supply and demand equation.
Is Trending Stock NIKE, Inc. (NKE) a Buy Now?
Nike (NKE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Nike Stock At 5-Month Highs After Bull Note
Athletic retail giant Nike Inc (NYSE:NKE) is 2.1% higher to trade at $77.85, after landing an upgrade to "overweight" from "neutral" at J.P.
Nike's stock jumps after an analyst says ‘just buy it' ahead of soccer World Cup
Nike's stock extends its recent surge after J.P. Morgan upgraded it to overweight from neutral.
American Sentenced to 8½ Years in Prison for Helping North Koreans Get Jobs at Nike, Other U.S. Firms
Christina Chapman had dozens of laptops in her Arizona home that North Koreans used to work remotely for U.S. companies and earn money for their government.
NIKE's Inventory Cleanup Continues: Is it Too Little, Too Late?
NKE relies heavily on discounting to clear aging inventory. Yet, digital slumps and brand risks cast doubt on its turnaround.
NKE Rallies 19% in a Month: Time to Buy the Hype or Wait for Proof?
NIKE's sport-focused Win Now reset shows promise, but weak earnings and high valuation cast doubts on near-term upside.
Nike: The Moat Is Fading
I recommend a hold rating based on falling revenue and headwinds despite a turnaround signaled. Nike has a moat over its competitors, which justifies its high P/E, but the moat is fading and now suggests overvaluation. Next quarter's earnings for Nike are vital to show whether the turnaround will come to fruition.
