Nordstrom, Inc [NYSE: JWN] loss -3.29% on the last trading session, reaching $22.61 price per share at the time.
If compared to the average trading volume of 2.34M shares, JWN reached a trading volume of 4009979 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying 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 $21.00 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.
KeyBanc Capital Markets have made an estimate for Nordstrom, Inc shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on September 26, 2024. While these analysts kept the previous recommendation, Barclays raised their target price from $18 to $23. The new note on the price target was released on September 05, 2024, representing the official price target for Nordstrom, Inc stock. Previously, the target price had yet another raise from $23 to $24, while Telsey Advisory Group kept a Market Perform rating on JWN stock. On July 09, 2024, analysts increased their price target for JWN shares from 19 to 23.
The Average True Range (ATR) for Nordstrom, Inc is set at 0.71, with the Price to Sales ratio for JWN stock in the period of the last 12 months amounting to 0.25. The Price to Book ratio for the last quarter was 3.92, with the Price to Cash per share for the same quarter was set at 4.13. Price to Free Cash Flow for JWN in the course of the last twelve months was 27.30 with Quick ratio for the last quarter at 0.41.
Trading performance analysis for JWN stock
Nordstrom, Inc [JWN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.31. With this latest performance, JWN shares gained by 5.56% in over the last four-week period, additionally plugging by 13.16% over the last 6 months – not to mention a rise of 61.73% 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 46.73, with the RSI for the last a single of trading hit 43.01, and the three-weeks RSI is set at 48.70 for Nordstrom, Inc [JWN]. The present Moving Average for the last 50 days of trading for this stock 22.58, while it was recorded at 23.12 for the last single week of trading, and 20.95 for the last 200 days.
Nordstrom, Inc [JWN]: A deeper dive into fundamental analysis
Nordstrom, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.41 and a Current Ratio set at 1.07.
Nordstrom, Inc [JWN]: An earnings per share (EPS) analysis
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 -7.00%.
An analysis of Institutional ownership at Nordstrom, Inc [JWN]
There are presently around $54.58%, or 96.08%% 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%.
