Dec. 29 at 12:30 PM
$NKE Tim's & other couple of small rendom purchase cannot change it's falling margin, China sales, etc. At yahoo finance this year eps 1.6 and next year 2.41(should below 2). Which gives PE of 38 & FPE of 25. This should be for growth company. In best case, Nike is turnaround company in few years, with 15 FPE, share price should 36 with 2.41 eps next year. But, it has not shown any improvement in margin or china sales. Both are continuously going down with no sign of recovery. FPE should be 12 with share price 29 https://finance.yahoo.com/quote/NKE/analysis/