If you are wondering whether NIKE’s current share price reflects its long term potential, this article will walk through what the numbers are actually saying about value.
The stock last closed at US$64.53, with a 7 day return of 5.5%, a 30 day return of a 2.0% decline, a year to date return of 2.0% and a 1 year return of an 8.4% decline, while the 3 year and 5 year returns stand at 45.9% and 52.2% declines respectively.
These mixed returns have kept valuation questions front and center for many investors, especially as the brand sits at the intersection of global consumer trends and competition in athletic apparel and footwear. Recent coverage has focused on how investors are weighing long term brand strength against shifting…
