7 Basic Materials Stocks to Buy to Anchor Your Portfolio
The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!
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Shares Stats
| Shares Outstanding | 1,271,480,064 |
| Shares Float | 1,254,775,694 |
| Shares Short | 10,279,399 |
| Insider Holdings | 31% |
| Institution Holdings | 83.93% |
About NIKE, Inc
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities; and various plastic products to other manufacturers. Further, it provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks; and action sports and youth lifestyle apparel and accessories under the Hurley trademark. Additionally, the company licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
General
| Name | NIKE, Inc |
| Ticker | NKE |
| Exchange | NYSE |
| Sector | Consumer Cyclical |
| Industry | Footwear & Accessories |
| Currency | USD |
| Country | USA |
| Fiscal Year End | May |
| Full Time Employees | 75,400 |
Highlights
| Analyst Target | 163.84 |
| Market Cap | 228,559,503,360 |
| PE Ratio | 21.23 |
| PEG Ratio | 1.36 |
| EBITDA | 5,094,000,128 |
Financials
| Curr Year EPS Estimate | 3.04 |
| Profit Margin | 0.07 |
| Return on Assets | 0.08 |
| Return on Equity | 0.28 |
| Revenue | 38,253,998,080 |
| Earnings Per Share | 1.77 |
| Revenue Per Share | 24.49 |
| Gross Profit | 16,241,000,000 |
| Quarterly Revenue Growth | 0.09 |
Valuation
| Trailing PE | 81.72 |
| Forward PE | 36.76 |
| Price/Sales (Trailing 12 Mt.) | 5.89 |
| Price/Book (Most Recent Quarter) | 20.92 |
Dividend
NIKE, Inc pays out a dividend of $1.01 per share, with a dividend yield of 1.54%.
NKE's last dividend payment was made to shareholders on April 1, 2021.
They pay out 52.00% of their earnings out as a dividend.
Recent Dividends
| Apr 1, 2024 | $0.37 |
| Jan 2, 2024 | $0.37 |
| Oct 2, 2023 | $0.34 |
| Jul 5, 2023 | $0.34 |
| Apr 3, 2023 | $0.34 |
| Dec 28, 2022 | $0.34 |
| Oct 3, 2022 | $0.31 |
| Jul 1, 2022 | $0.31 |
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