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NKE - Nike: Sprinting For Higher Digital Returns
January, 12 2021 02:15 PM
Nike Inc.
Nike's digital transformation is in full flow, which will result in better than expected profitability and free cash flow generation. Consensus forecasts look too conservative for the medium term, as digital sales will improve sales mix. With the shares trading on an estimated free cash flow yield of 3.5% for FY5/23, the shares are a buy. For further details see:
Nike: Sprinting For Higher Digital Returns
Stock Information
Company Name:
Nike Inc.
Stock Symbol:
NKE
Market:
NYSE
Website:
nike.com
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