Nike reported earnings today and the stock is down after the results 7 %.
Anyone buying $NKE+2.3%stock on this drop ?
Nike
NKECapital Structure
Market Cap
139.5B
Enterpr. Val.
142.3B
Valuation
P/E
27.2
P/S
2.7
Dividends
Yield
1.5%
Payout
40.8%
The price doesn't seem to me to be significantly low
Yeah, not significantly so, but I guess it's not that bad.
I don't think so, but I don't care for it, although compared to Adidas they're doing great
@danieladuong Agreed, well I'm waiting until I'm in profit there and then I'll sell right away.
@billcombs so hopefully they'll be there soon
It still doesn't seem downright cheap to me. I would see a fair price somewhere more towards 80$. It's hard for me to rate moat as well, since fashion trends change pretty quickly.
Agreed on the mod, it's more compiled. I bought NIKE a few months ago but it was a mistake and I'll sell when I make a profit there.
Nice drop and potential buying opportunity. 😊
Consent