Nordstrom, Inc (JWN): Not A Time To Panic Nor Freeze

Nordstrom, Inc (JWN) concluded trading on Wednesday at a closing price of $24.09, with 4.06 million shares of worth about $97.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.00% during that period and on January 08, 2025 the price saw a loss of about -0.12%. Currently the company’s common shares owned by public are about 164.90M shares, out of which, 89.43M 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 3.88%. Year-to-date (YTD), JWN shares are showing a performance of -0.25% which increased to 29.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.78 but also hit the highest price of $24.99 during that period. The average intraday trading volume for Nordstrom, Inc shares is 2.52 million. The stock is currently trading 1.35% above its 20-day simple moving average (SMA20), while that difference is up 3.25% for SMA50 and it goes to 9.88% higher than SMA200.

Nordstrom, Inc (NYSE: JWN) currently have 164.90M outstanding shares and institutions hold larger chunk of about 49.73% of that.

The stock has a current market capitalization of $3.98B and its 3Y-monthly beta is at 2.52. PE ratio of stock for trailing 12 months is 15.36, 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 0.33% while standing at 2.02% over the month.

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.

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