With pretty conservative estimates I am seeing Nike hitting at least $100 roughly in 3 years. However this is with a revenue growth of 2%. I believe that leadership can help get that number closer to 5% within the next 2 years however, and that also is a conservative number. Nike is a staple brand that has been in a rough patch consequent of poor decisions within the company. However I really do feel like they can turn things around. For the stock to be worth it to me they would need to hit $103.68 in 3 years which would equate to a 20% annual return. Which when I look at everything and especially their high ROE I feel very comfortable that Nike can slowly inch towards that, honestly I see them being closer to $120 within 3 years. They have a very solid DCF value of $82.02 and also a very low PE considering their 10 year average. So if leadership can take the reigns I believe that this stock will slowly start to roll. At the very least it is a very solid dividend with it returning around 2%/year.

PE: 20.16 (10 Year Avg. 34.95)

ROE: 39.5%

Gross Profit Ratio: 44.56%

Net Income Ratio: 11.10%

ROIC: 19.63%

Revenue/Share: $33.84

Net Income/Share: $3.76

Cash/Share: $7.63

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