AOUT
American Outdoor Brands, Inc.
AOUT offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
NKE
NIKE, Inc.
NKE has a slight edge over AOUT overall, supported by stronger valuation and lower modeled downside.
AOUT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Healthy | |
| Strong |
AOUT's cash flow and balance sheet are currently healthy, and its revenue is stable, but its profitability is under pressure.
NKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Strong |
NKE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
AOUT PE Valuation
AOUT has no meaningful PE right now: it lost money over the past year.
NKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $37.76 | — |
| Cheap | 23x | $47.70 | +26% |
| Forward | 30x | $37.76 | — |
| Fair | 33x | $68.16 | +80% |
| Expensive | 47x | $97.86 | +159% |
Historical ranges are pointers, not guarantees.
NKE's PE is in its cheap range at 18x. On analysts' estimates for next year's earnings, today's price would be 30x, in its fair range.
AOUT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
AOUT has the edge over NKE on the outlook, with more favorable earnings and revenue expectations.
NKE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Low |
Analysts expect NKE's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
AOUT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.60 | — |
| Q3 2026 | -$0.31 | +$0.06 |
| Q2 2026 | -$0.73 | -$0.72 |
| Q1 2026 | -$0.78 | -$0.44 |
| Q4 2025 | -$0.45 | +$0.13 |
| Q3 2025 | -$0.37 | +$0.44 |
| Q2 2025 | -$0.01 | +$0.93 |
| Q1 2025 | -$0.34 | +$0.49 |
| Q4 2024 | -$0.58 | +$0.23 |
AOUT is still losing money, but far less than before: $0.31 per share over the past year, against $6.93 at its worst in early 2020.
NKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -39% |
| Q3 2026 | $2.09 | +7.2% |
| Q2 2026 | $2.10 | -2.8% |
| Q1 2026 | $1.51 | -50% |
| Q4 2025 | $1.70 | -48% |
| Q3 2025 | $1.95 | -44% |
| Q2 2025 | $2.16 | -42% |
| Q1 2025 | $3.01 | -11% |
| Q4 2024 | $3.24 | -5.3% |
NKE has the edge over AOUT on earnings quality, reporting a profit while its opponent remains loss making.
AOUT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $37.3M | +25% |
| Q2 2026 | $47.1M | -24% |
| Q1 2026 | $56.6M | -3.3% |
| Q4 2025 | $57.2M | -5% |
| Q3 2025 | $29.7M | -29% |
| Q2 2025 | $61.9M | +34% |
| Q1 2025 | $58.5M | +9.5% |
| Q4 2024 | $60.2M | +4% |
AOUT has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -5.7% | +17 points |
| Q2 2026 | -0.8% | +0.8 points |
| Q1 2026 | -6.9% | -7.4 points |
| Q4 2025 | 3.7% | -1.4 points |
| Q3 2025 | -23% | -17 points |
| Q2 2025 | -1.5% | +10 points |
| Q1 2025 | 0.5% | +5.9 points |
| Q4 2024 | 5.1% | +5.1 points |
AOUT's operating margin was −5.7% last quarter, up 17 points from the same quarter a year ago.
NKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11.2B | -4.3% |
| Q2 2026 | $11B | -1.1% |
| Q1 2026 | $11.3B | +0.1% |
| Q4 2025 | $12.4B | +0.6% |
| Q3 2025 | $11.7B | +1.1% |
| Q2 2025 | $11.1B | -12% |
| Q1 2025 | $11.3B | -9.3% |
| Q4 2024 | $12.4B | -7.7% |
NKE's revenue fell from its 2023 peak and has held roughly level since: $11.2B last quarter, down 4.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.2% | +0.3 points |
| Q2 2026 | 12% | +9.2 points |
| Q1 2026 | 5.8% | -1.7 points |
| Q4 2025 | 8% | -3.4 points |
| Q3 2025 | 7.9% | -3.4 points |
| Q2 2025 | 2.9% | -11 points |
| Q1 2025 | 7.5% | -3.8 points |
| Q4 2024 | 11% | -2.9 points |
NKE has the edge over AOUT on profitability, with a higher operating margin.
AOUT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $12.9M | +$14.9M |
| Q2 2026 | $11.4M | +58% |
| Q1 2026 | $9M | +114% |
| Q4 2025 | -$14.1M | -$6.1M |
| Q3 2025 | -$2M | +$3.2M |
| Q2 2025 | $7.2M | -49% |
| Q1 2025 | $4.2M | -57% |
| Q4 2024 | -$8M | +$763K |
AOUT has the edge over NKE on cash flow, with more consistent year-over-year improvement.
NKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64M | -527% |
| Q2 2026 | $1.5B | +313% |
| Q1 2026 | $284M | -83% |
| Q4 2025 | $386M | -58% |
| Q3 2025 | $15M | -95% |
| Q2 2025 | $363M | -85% |
| Q1 2025 | $1.7B | -11% |
| Q4 2024 | $920M | -65% |
NKE usually generates cash, though not every quarter: the latest was −$64M, but it generated $2.1B over the past year.
AOUT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -37K shares |
| 1 year | -1.3% | -169K shares |
| 3 years | -4.9% | -640K shares |
| 5 years | -12% | -1.8M shares |
| Available history | -9.6% | -1.3M shares |
AOUT has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $508,000 |
| Q1 2026 | $1.4M |
| Q4 2025 | $662,000 |
| Q3 2025 | $2.5M |
| Q2 2025 | $1.2M |
| Q1 2025 | $1.2M |
| Q4 2024 | $1M |
AOUT spent $3M buying back its own shares over the past year, down 57% from the year before.
NKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.2M shares |
| 1 year | +0.4% | +5.2M shares |
| 3 years | -3.8% | -59.1M shares |
| 5 years | -8.4% | -135M shares |
| Available history | -6.9% | -110M shares |
NKE has 1.5B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $20M |
| Q3 2025 | $126M |
| Q2 2025 | $199M |
| Q1 2025 | $506M |
| Q4 2024 | $1.1B |
NKE has spent almost nothing on buybacks in the past year.
AOUT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.5x | Net Cash |
| Q2 2026 | -6.2x | Net Cash |
| Q1 2026 | -3.1x | Net Cash |
| Q4 2025 | -0.4x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -1.8x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q4 2024 | -2.1x | Net Cash |
AOUT has the edge over NKE on leverage, with a lower net debt burden relative to earnings.
NKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.2x | Very low |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.0x | Very low |
| Q4 2023 | 0.1x | Very low |
NKE's net debt is less than a year of its operating earnings (EBITDA).
AOUT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.3 | Neutral |
| Stochastic | 89.4 | Overbought |
AOUT's weekly RSI is 68 (neutral) and its Stochastic is 89 (overbought).
NKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 57.5 | Neutral |
NKE's weekly RSI is 40 (neutral) and its Stochastic is 58 (neutral).
AOUT PE vs Consumer Cyclical Sector
| Metric | AOUT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
AOUT has no meaningful PE right now: it lost money over the past year.
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE is trading at 18x earnings, in line with the Consumer Cyclical sector's median of 18x.
AOUT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.5 | 8.3% above |
| 20 week MA | $15.0 | 26% above |
| 50 week MA | $11.5 | 65% above |
| 100 week MA | $11.4 | 67% above |
| 200 week MA | $10.2 | 86% above |
AOUT has the edge over NKE on trend strength, trading above more of its moving averages.
NKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.7 | 2.8% above |
| 20 week MA | $39.2 | 3.6% below |
| 50 week MA | $48.0 | 21% below |
| 100 week MA | $58.4 | 35% below |
| 200 week MA | $79.2 | 52% below |
NKE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% below its 200-week average.
AOUT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $15.5 | $17.5 | +13% |
| 2021 | $17.5 | $19.0 | +8.6% |
| 2022 | $19.0 | $9.67 | -49% |
| 2023 | $9.67 | $8.40 | -13% |
| 2024 | $8.40 | $14.9 | +78% |
| 2025 | $14.9 | $8.28 | -45% |
| 2026 YTD | $8.28 | $19.0 | +129% |
AOUT has the edge over NKE on returns for 2026, with the stronger performance.
NKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.6 | $141.6 | +39% |
| 2021 | $141.6 | $165.7 | +17% |
| 2022 | $165.7 | $116.3 | -30% |
| 2023 | $116.3 | $108.6 | -6.6% |
| 2024 | $108.6 | $76.4 | -30% |
| 2025 | $76.4 | $60.9 | -20% |
| 2026 YTD | $60.9 | $37.8 | -38% |
NKE has finished four years in a row lower, and it's down 38% so far in 2026.