Nordstrom, Inc [NYSE: JWN] loss -8.12% on the last trading session, reaching $22.62 price per share at the time.
If compared to the average trading volume of 2.30M shares, JWN reached a trading volume of 7658045 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $22.71 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 Nov-28-24. The new note on the price target was released on September 26, 2024, representing the official price target for Nordstrom, Inc stock. Previously, the target price had yet another raise from $18 to $23, while Barclays kept a Equal Weight rating on JWN stock. On August 28, 2024, analysts increased their price target for JWN shares from 23 to 24.
The Average True Range (ATR) for Nordstrom, Inc is set at 0.91, 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 3.78, with the Price to Cash per share for the same quarter was set at 2.42. Price to Free Cash Flow for JWN in the course of the last twelve months was 6.53 with Quick ratio for the last quarter at 0.35.
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 1.66. With this latest performance, JWN shares dropped by -4.31% in over the last four-week period, additionally plugging by 7.56% over the last 6 months – not to mention a rise of 47.46% 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 47.07, with the RSI for the last a single of trading hit 45.10, and the three-weeks RSI is set at 48.27 for Nordstrom, Inc [JWN]. The present Moving Average for the last 50 days of trading for this stock 22.86, while it was recorded at 23.55 for the last single week of trading, and 21.34 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 0.35 and a Current Ratio set at 1.14.
Nordstrom, Inc [JWN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Nordstrom, Inc posted 0.96/share EPS, while the average EPS was predicted by analysts to be reported at 0.89/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.07. 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 $51.58%, or 90.80%% 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%.
