What type of stock does Nike have?

The Company’s Articles of Incorporation provide that it may issue up to 400,000,000 shares of Class A Common Stock, no par value (“Class A Common Stock”); 2,400,000,000 shares of Class B Common Stock, no par value (“Class B Common Stock” and collectively with the Class A Common Stock, the “Common Stock”); and 300,000 …

What kind of stock is Nike?

NKE – Stock Price, News, Charts, Message Board, Trades.

Nike Quote Info.

Trades 57,349
Market NYSE
Type Common Stock

Is Nike a tech stock?

Nike (NYSE: NKE) is a juggernaut when it comes to athletic apparel and footwear. The Oregon-based company recorded sales of $37.4 billion in the last fiscal year and sports a current market capitalization north of $200 billion, making it a megacap stock.

Is Nike on Nasdaq or NYSE?

Key Data

Label Value
Exchange NYSE
Sector Consumer Non-Durables
Industry Shoe Manufacturing
1 Year Target $177.00

Is Nike considered a growth or value stock?

Nike Is a Growth Company.

How many times a year does Nike pay dividends?

Nike has been paying out quarterly cash dividends to its shareholders since 1985. Moreover, it has increased its dividend for 15 consecutive years, which puts it on pace to become an S&P 500 dividend aristocrat.

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How is Nike doing financially 2021?

(NYSE:NKE) today reported financial results for its fiscal 2021 fourth quarter and full year ended May 31, 2021. Fourth quarter reported revenues were $12.3 billion, up 96 percent compared to prior year and increasing 21 percent compared to the fourth quarter of 2019.

Is Nike losing money 2021?

Balance Sheet & Shareholder-Friendly Moves. NIKE ended third-quarter fiscal 2021 with cash and short-term investments of $12.5 billion, up $9.3 billion from the last year.

What is Nike’s growth strategy?

Nike’s primary intensive growth strategy is product development. This intensive strategy involves the introduction of new products to grow sales revenues. For example, Nike’s mission statement highlights innovation applied through new designs for shoes and related products.

Who is Nike’s board of directors?

Board & Advisors

  • Alan B. Graf. Board of Directors.
  • Cathleen A. Benko. Board of Directors.
  • Elizabeth J. Comstock. Board of Directors.
  • John G. Connors. Board of Directors.
  • John R. Thomson Jr. Director Emeritus.
  • John W. Rogers. Board of Directors.
  • Mark Parker. Executive Chairman.
  • Michelle A. Peluso. Board of Directors.

What is a good P E ratio?

The average P/E for the S&P 500 has historically ranged from 13 to 15. For example, a company with a current P/E of 25, above the S&P average, trades at 25 times earnings. The high multiple indicates that investors expect higher growth from the company compared to the overall market.

What does Nike focus on?

Nike’s mission statement is, “To bring inspiration and innovation to every athlete in the world.” And as co-founder Bill Bowerman once said, “If you have a body, you are an athlete.”

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Is Netflix a good stock to buy?

With a stock price that has soared greater than 450% over the past five years, Netflix (NASDAQ:NFLX), the leader in streaming entertainment, has been a big winner for investors.

Why is Nike stock so high?

Shares of Nike have skyrocketed as much as 16% to an all-time high of $154.59 since the company crushed Wall Street’s Q4 earnings expectations, delivering what some are calling a flawless report. The company’s direct and digital performance is what excited the investors the most.

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