Professional
Added to YB: 2025-02-25
Pitch date: 2025-02-11
NKE [bullish]
NIKE, Inc.
-2.19%
current return
Author Info
No bio for this author
Company Info
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic and casual footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America.
Market Cap
$97.4B
Pitch Price
$68.98
Price Target
N/A
Dividend
2.49%
EV/EBITDA
18.83
P/E
33.81
EV/Sales
2.15
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Pershing Square Holdings Portfolio Holding: NIKE, Inc.
NKE: New CEO Elliott Hill leading turnaround. Market leader in athletic footwear/apparel. Iconic brand, high barriers to entry. FY margins depressed, can double. 2024 disappointing, 2025 EPS -45%. Repositioning to full-price, sports-focus. Converted to deep ITM calls for 2x upside vs stock. Potential great large cap consumer turnaround.
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