Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Nordstrom, Inc.’s stock clocked out at $19.43, up 1.57% from its previous closing price of $19.13. In other words, the price has increased by $1.57 from its previous closing price. On the day, 2.31 million shares were traded. JWN stock price reached its highest trading level at $19.45 during the session, while it also had its lowest trading level at $19.17.
Ratios:
To gain a deeper understanding of JWN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.00. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 5.35 whereas as Long-Term Debt/Eq ratio is at 4.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on March 07, 2024, Downgraded its rating to Hold and sets its target price to $17 from $18 previously.
On March 06, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $17 to $19.
Telsey Advisory Group reiterated its Market Perform rating for the stock on November 22, 2023, while the target price for the stock was revised from $19 to $17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 05 ’23 when Lionello Gemma sold 32,916 shares for $14.36 per share. The transaction valued at 472,819 led to the insider holds 39,973 shares of the business.
Redwine Farrell B. sold 33,364 shares of JWN for $679,561 on Jun 30 ’23. The Chief Human Resources Officer now owns 26,564 shares after completing the transaction at $20.37 per share. On Jun 09 ’23, another insider, Bariquit Teri, who serves as the Chief Merchandising Officer of the company, sold 25,000 shares for $19.51 each. As a result, the insider received 487,825 and left with 56,853 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 3172102912 and an Enterprise Value of 7023107072. As of this moment, Nordstrom,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.65, and their Forward P/E ratio for the next fiscal year is 10.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 3.72. Its current Enterprise Value per Revenue stands at 0.478 whereas that against EBITDA is 6.091.
Stock Price History:
The Beta on a monthly basis for JWN is 2.61, which has changed by 0.30577958 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, JWN has reached a high of $23.53, while it has fallen to a 52-week low of $12.88. The 50-Day Moving Average of the stock is 1.30%, while the 200-Day Moving Average is calculated to be 10.49%.
Shares Statistics:
It appears that JWN traded 4.33M shares on average per day over the past three months and 3198250 shares per day over the past ten days. A total of 162.40M shares are outstanding, with a floating share count of 106.32M. Insiders hold about 42.72% of the company’s shares, while institutions hold 54.12% stake in the company. Shares short for JWN as of 1713139200 were 20664759 with a Short Ratio of 4.77, compared to 1710460800 on 18954073. Therefore, it implies a Short% of Shares Outstanding of 20664759 and a Short% of Float of 15.78.
Dividends & Splits
With its trailing 12-month dividend rate of 0.76, JWN has a forward annual dividend rate of 0.76. Against a Trailing Annual Dividend Yield of 0.039728176The stock’s 5-year Average Dividend Yield is 3.88. The current Payout Ratio is 92.67% for JWN, which recently paid a dividend on 2024-03-11 with an ex-dividend date of 1710115200. Stock splits for the company last occurred on 2005-07-01 when the company split stock in a 2:1 ratio.
Earnings Estimates
The market rating of Nordstrom, Inc. (JWN) is currently shaped by the ongoing analysis conducted by 15.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of $0.0 and a low estimate of -$0.15, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.64, with high estimates of $0.76 and low estimates of $0.54.
Analysts are recommending an EPS of between $1.94 and $1.3 for the fiscal current year, implying an average EPS of $1.78. EPS for the following year is $2.01, with 17.0 analysts recommending between $3.14 and $1.37.
Revenue Estimates
For the next quarter, 13 analysts are estimating revenue of $3.81B. There is a high estimate of $3.94B for the next quarter, whereas the lowest estimate is $3.72B.
A total of 15 analysts have provided revenue estimates for JWN’s current fiscal year. The highest revenue estimate was $14.98B, while the lowest revenue estimate was $14.52B, resulting in an average revenue estimate of $14.7B. In the same quarter a year ago, actual revenue was $14.69BBased on 13 analysts’ estimates, the company’s revenue will be $14.97B in the next fiscal year. The high estimate is $15.31B and the low estimate is $14.76B.
