In the latest session, Nordstrom, Inc. (NYSE: JWN) closed at $17.77 down -6.77% from its previous closing price of $19.06. On the day, 4692026 shares were traded.
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 4.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.79. 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:
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 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:
As of this moment, Nordstrom,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.55, and their Forward P/E ratio for the next fiscal year is 9.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 3.40.
Stock Price History:
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.
Shares Statistics:
A total of 162.40M shares are outstanding, with a floating share count of 98.06M. Insiders hold about 39.94% of the company’s shares, while institutions hold 54.17% stake in the company.
Earnings Estimates
There are Nordstrom, Inc. different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $7.30, with high estimates of $64.16 and low estimates of $35.73.
Analysts are recommending an EPS of between $Financial Services and $Utilities for the fiscal current year, implying an average EPS of $Energy.
