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After finishing at $22.25 in the prior trading day, Nordstrom, Inc (NYSE: JWN) closed at $22.37, up 0.54%. In other words, the price has increased by $0.54 from its previous closing price. On the day, 0.86 million shares were traded. JWN stock price reached its highest trading level at $22.4107 during the session, while it also had its lowest trading level at $22.1.
Ratios:
Our goal is to gain a better understanding of JWN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.01. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 4.46 whereas as Long-Term Debt/Eq ratio is at 4.20.
On September 05, 2024, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $18 to $23.
Telsey Advisory Group reiterated its Market Perform rating for the stock on August 28, 2024, while the target price for the stock was revised from $23 to $24.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 24 ’24 when DePree Alexis sold 20,000 shares for $23.20 per share. The transaction valued at 463,986 led to the insider holds 169,331 shares of the business.
DePree Alexis bought 20,000 shares of JWN for $463,985 on Sep 24 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JWN now has a Market Capitalization of 3673400320 and an Enterprise Value of 7226399744. As of this moment, Nordstrom,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.10, and their Forward P/E ratio for the next fiscal year is 11.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 3.87. Its current Enterprise Value per Revenue stands at 0.483 whereas that against EBITDA is 6.262.
Stock Price History:
Over the past 52 weeks, JWN has reached a high of $24.93, while it has fallen to a 52-week low of $13.68. The 50-Day Moving Average of the stock is -1.68%, while the 200-Day Moving Average is calculated to be 5.26%.
Shares Statistics:
The stock has traded on average 2.26M shares per day over the past 3-months and 1511850 shares per day over the last 10 days, according to various share statistics. A total of 162.40M shares are outstanding, with a floating share count of 94.51M. Insiders hold about 42.45% of the company’s shares, while institutions hold 49.97% stake in the company. Shares short for JWN as of 1730332800 were 11368830 with a Short Ratio of 5.03, compared to 1727654400 on 10633257. Therefore, it implies a Short% of Shares Outstanding of 11368830 and a Short% of Float of 8.62.
Dividends & Splits
In the trailing 12 months, JWN’s forward annual dividend rate was 0.76, compared to 0.76 this year. Against a Trailing Annual Dividend Yield of 0.034157302The stock’s 5-year Average Dividend Yield is 3.88.
