Key PointsShares have struggled since last month's earnings report but have been consolidating for the past week. Despite the negative outlook, analysts remain cautiously bullish, and the stock trades below most price targets. From a valuation perspective, as well as a technical perspective, Nike also trades favorably. 5 stocks we like better than Lululemon AthleticaFor a stock that could do nothing wrong for a long time, it's been a tough couple of months for Nike Inc. NYSE: NKE. A dodgy earnings report la ...

In the latest market close, Nike (NKE) reached $100.76, with a -1.12% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.08%. Meanwhile, the Dow experienced a drop of 0.26%, and the technology-dominated Nasdaq saw an increase of 0.36%.Shares of the athletic apparel maker have depreciated by 5.67% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 0.13% and the S&P 500's gain of 2.4%.Analysts and investors alike wi ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by T ...

In the last one-, three-, and five-year periods, Nike (NYSE: NKE) shares have underperformed the S&P 500. The disappointment has been more pronounced in just the last 12 months, a time when Nike's stock fell 21%, compared to the broader market's 19% gain.Investors are souring on the leading apparel and footwear business. And there are good reasons for this pessimism. If you're thinking about adding Nike to your portfolio, it's best to think again.Consider Lululemon (LULU 1.38%), an unstoppable stock, instea ...

Nike (NKE 0.83%) has certainly been a household name for a long time. And it has rewarded investors. Shares have increased nearly 12-fold in the last two decades, a gain that crushes the S&P 500 by a wide margin.However, it hasn't been fun for shareholders in recent times, as the stock has underperformed the major index in the last five years. And as of this writing, Nike is 42% below its peak price. This might have put the stock on your watch list. But before investing in this top apparel and footwear stoc ...

Nike (NKE) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this athletic apparel maker have returned -17.6%, compared to the Zacks S&P 500 composite's +0.9% change. During this period, the Zacks Shoes and Retail Apparel industry, which Nike falls in, has lost 14.7%. The key question now is: What could be the stock's future direction?W ...

Nike (NKE -0.79%) was among the worst performers on the Dow Jones Industrial Average in 2023. Shares of the footwear and sports apparel giant declined 8% while the wider market jumped 14%. Missing that rally added to a tough period for Nike's stock, which has underperformed the market over the past five years.Will 2024 be much better? Nike is entering the year with a rock-bottom stock valuation, after all. There are a few encouraging operating trends lifting the business, too, including slim inventory holdi ...

Tiger Woods and Nike NKE, +1.00% parted ways on Monday, ending their 27-year relationship.Now, golf fans are wondering what will happen to the iconic “TW” logo that has appeared on millions of hats and golf polos over the years.According to documents from the U.S. Patent and Trademark Office, ownership of the TW logo has always belonged to Woods’ company ETW Corp. The company uses the initials of the golfer’s full name, Eldrick Tont Woods.Ownership of the TW trademark has not changed since it was first file ...

Investors with an interest in Shoes and Retail Apparel stocks have likely encountered both Skechers (SKX) and Nike (NKE) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with sp ...

ToplineGolfer Tiger Woods and Nike announced the end of their iconic partnership Monday, capping Woods’ tenure with Nike at 27 years and marking a rare breakup featuring one of Nike’s athletes who endorsed the company for more than two decades—but there’s another athlete with over four decades representing the company.Tiger Woods' time with Nike dates back to 1996.Icon Sportswire via Getty Images Key FactsNike’s split with Tiger Woods (with Nike 1996-2023), who earned a reported $500 million from Nike datin ...