Nordstrom, Inc. [NYSE: JWN] closed the trading session at $21.43.
The stocks have a year to date performance of 16.15 percent and weekly performance of -0.42 percent. The stock has been moved at 7.53 percent over the last six months. The stock has performed -1.79 percent around the most recent 30 days and changed 1.08 percent over the most recent 3-months.
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If compared to the average trading volume of 2.23M shares, JWN reached to a volume of 2952236 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Nordstrom, Inc. [JWN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JWN shares is $19.95 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JWN stock is a recommendation set at 3.16. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for Nordstrom, Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on July 09, 2024. While these analysts kept the previous recommendation, Jefferies dropped their target price from $18 to $17. The new note on the price target was released on March 07, 2024, representing the official price target for Nordstrom, Inc. stock. Previously, the target price had yet another raise from $17 to $19, while Telsey Advisory Group kept a Market Perform rating on JWN stock. On November 22, 2023, analysts decreased their price target for JWN shares from 19 to 17.
The Average True Range (ATR) for Nordstrom, Inc. is set at 0.85, with the Price to Sales ratio for JWN stock in the period of the last 12 months amounting to 0.24. The Price to Book ratio for the last quarter was 4.19, with the Price to Cash per share for the same quarter was set at 2.62. Price to Free Cash Flow for JWN in the course of the last twelve months was 18.46 with Quick ratio for the last quarter at 0.36.
JWN stock trade performance evaluation
Nordstrom, Inc. [JWN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.42. With this latest performance, JWN shares dropped by -1.79% in over the last four-week period, additionally plugging by 7.53% over the last 6 months – not to mention a rise of 12.38% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JWN stock in for the last two-week period is set at 45.17, with the RSI for the last a single of trading hit 41.99, and the three-weeks RSI is set at 47.13 for Nordstrom, Inc. [JWN]. The present Moving Average for the last 50 days of trading for this stock 21.90, while it was recorded at 22.25 for the last single week of trading, and 19.42 for the last 200 days.
Nordstrom, Inc. [JWN]: An insightful look at the core fundamentals
Nordstrom, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.36 and a Current Ratio set at 1.03.
Earnings per share (EPS) analysis for Nordstrom, Inc. [JWN] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JWN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Nordstrom, Inc. go to 6.80%.
Nordstrom, Inc. [JWN]: Institutional Ownership
There are presently around $54.74%, or 88.73%% of JWN stock, in the hands of institutional investors. The top three institutional holders of JWN stocks are: EL PUERTO DE LIVERPOOL, S.A.B. DE C.V. with ownership of 15.76 million shares, which is approximately 9.6538%. VANGUARD GROUP INC, holding 10.72 million shares of the stock with an approximate value of $$227.45 million in JWN stocks shares; and VANGUARD GROUP INC, currently with $$181.94 million in JWN stock with ownership which is approximately 5.2537%.
