Nordstrom, Inc. (JWN) concluded trading on Wednesday at a closing price of $18.15, with 6.27 million shares of worth about $113.76 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.10% during that period and on Wednesday, January 31 the price saw a loss of about -3.04%. Currently the company’s common shares owned by public are about 160.10M shares, out of which, 97.87M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 36 times over the past 12 months. They bought 845,187 shares in 23 of the transactions. In 13 selling transactions, insiders dumped 147,852 shares.
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However, the stock later moved at a day high price of 18.88, or with a loss of -3.04%. Stock saw a price change of -4.07% in past 5 days and over the past one month there was a price change of -1.63%. Year-to-date (YTD), JWN shares are showing a performance of -1.63% which decreased to -3.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.88 but also hit the highest price of $27.15 during that period. The average intraday trading volume for Nordstrom, Inc. shares is 5.70 million. The stock is currently trading -1.29% below its 20-day simple moving average (SMA20), while that difference is up 4.64% for SMA50 and it goes to 6.69% higher than SMA200.
Nordstrom, Inc. (NYSE: JWN) currently have 160.10M outstanding shares and institutions hold larger chunk of about 50.20% of that.
The stock has a current market capitalization of $2.95B and its 3Y-monthly beta is at 2.58. PE ratio of stock for trailing 12 months is 25.55, while it has posted earnings per share of $0.71 in the same period. Its PEG reads 3.76 and has Quick Ratio of 0.29 while making debt-to-equity ratio of 6.17. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for JWN, volatility over the week remained 3.13% while standing at 3.95% over the month.
Analysts are in expectations that Nordstrom, Inc. (JWN) stock would likely to be making an EPS of $Nordstrom, Inc. in the current quarter, while forecast for next quarter EPS is $18.15 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Northwest Natural Holding Compa which is $Jackson Financial Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $iShares Russell 2000 Value ETF in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 20.64% while it is estimated to decrease by -6.03% in next year. EPS is likely to grow at an annualized rate of 6.80% for next 5-years, compared to annual growth of -10.19% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Telsey Advisory Group on November 22, 2023 offering a Market perform rating for the stock and assigned a target price range of between $19 and $17 to it.
