Nordstrom, Inc (JWN) concluded trading on Thursday at a closing price of $24.15, with 4.28 million shares of worth about $103.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.81% during that period. Currently the company’s common shares owned by public are about 164.90M shares, out of which, 95.02M shares are available for trading.
Stock saw a price change of -0.25% in past 5 days and over the past one month there was a price change of 4.73%. Year-to-date (YTD), JWN shares are showing a performance of 0.00% which increased to 32.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.63 but also hit the highest price of $24.99 during that period. The average intraday trading volume for Nordstrom, Inc shares is 2.32 million. The stock is currently trading 2.25% above its 20-day simple moving average (SMA20), while that difference is up 3.99% for SMA50 and it goes to 10.64% higher than SMA200.
Nordstrom, Inc (NYSE: JWN) currently have 164.90M outstanding shares and institutions hold larger chunk of about 49.72% of that.
The stock has a current market capitalization of $3.99B and its 3Y-monthly beta is at 2.53. PE ratio of stock for trailing 12 months is 15.39, while it has posted earnings per share of $1.57 in the same period. It has Quick Ratio of 0.35 while making debt-to-equity ratio of 4.37. 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 0.50% while standing at 2.54% over the month.
Analysts are in expectations that Nordstrom, Inc (JWN) stock would likely to be making an EPS of 0.89 in the current quarter, while forecast for next quarter EPS is -0.13 and it is 2.04 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.67 which is 1.0 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 0.96 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -6.84% while it is estimated to increase by 3.56% in next year. EPS is likely to grow at an annualized rate of -5.00% for next 5-years, compared to annual growth of -24.38% made by the stock over the past 5-years.
Coverage by Telsey Advisory Group stated Nordstrom, Inc (JWN) stock as a Market perform in their note to investors on November 27, 2024, suggesting a price target of $26 for the stock. On September 26, 2024, KeyBanc Capital Markets Downgrade their recommendations, while on September 05, 2024, Barclays Upgrade their ratings for the stock with a price target of $23. Stock get a Market perform rating from Telsey Advisory Group on August 28, 2024.
