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-0.000229885057471273 -0.000536398467432898 -0.000306513409961625 0.00153256704980856 0.00191570881226054 0.00390804597701164 0.00421455938697327 -0.000153256704980704
Stock impact report

Nike Stock Is Down, but Is It a Buy? [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
When thinking about the great investments of the last 40 years, athletic apparel company Nike (NYSE: NKE) would almost certainly make the list. But Nike shareholders haven't seen an all-time high since 2021, and their shares have lost over 60% of their value since then. Nike stock would seem to be a bargain because the price per share has dropped so much. But the stock price alone doesn't actually tell the whole story. After all, if a stock trading at $100 per share was hypothetically worth $20 per share, it would still be overvalued if the price were cut in half. To be sure, the valuation for Nike stock is cheaper than it used to be. Within the last five years, it's traded at a price-to-sales (P/S) ratio of 6, whereas now it has a P/S ratio of 2. That's a lot better. However, is Nike truly a bargain stock now? I don't think so; I think it's valued like a typical shoe stock. To support my opinion, I compare Nike's valuation with the valuations of Deckers and Crocs . Crocs is ch Show less Read more
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