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In the latest session, Nordstrom, Inc. (NYSE: JWN) closed at $21.70 down -3.51% from its previous closing price of $22.49. In other words, the price has decreased by -$3.51 from its previous closing price. On the day, 1.9 million shares were traded. JWN stock price reached its highest trading level at $22.41 during the session, while it also had its lowest trading level at $21.69.
Ratios:
For a deeper understanding of Nordstrom, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.20. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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. On Oct 05 ’23, another insider, Lionello Gemma, who serves as the President, Nordstrom Rack of the company, sold 32,916 shares for $14.36 each. As a result, the insider received 472,819 and left with 39,973 shares of the company.
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 3563378944 and an Enterprise Value of 7116378624. As of this moment, Nordstrom,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.71, and their Forward P/E ratio for the next fiscal year is 10.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 3.76. Its current Enterprise Value per Revenue stands at 0.475 whereas that against EBITDA is 6.167.
Stock Price History:
Over the past 52 weeks, JWN has reached a high of $24.03, while it has fallen to a 52-week low of $12.88. The 50-Day Moving Average of the stock is -2.01%, while the 200-Day Moving Average is calculated to be 6.33%.
Shares Statistics:
For the past three months, JWN has traded an average of 2.41M shares per day and 2233330 over the past ten days. A total of 162.40M shares are outstanding, with a floating share count of 105.63M. Insiders hold about 35.68% of the company’s shares, while institutions hold 53.67% stake in the company. Shares short for JWN as of 1726185600 were 11292529 with a Short Ratio of 4.68, compared to 1723680000 on 14020199. Therefore, it implies a Short% of Shares Outstanding of 11292529 and a Short% of Float of 8.559999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for JWN is 0.76, from 0.76 in the trailing year. Against a Trailing Annual Dividend Yield of 0.033792797The stock’s 5-year Average Dividend Yield is 3.88.
