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As of close of business last night, Nordstrom, Inc’s stock clocked out at $22.61, down -3.29% from its previous closing price of $23.38. In other words, the price has decreased by -$3.29 from its previous closing price. On the day, 4.01 million shares were traded. JWN stock price reached its highest trading level at $23.435 during the session, while it also had its lowest trading level at $22.59.
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 5.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.30. 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:
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 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 3839246080 and an Enterprise Value of 7265810432. As of this moment, Nordstrom,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.24, and their Forward P/E ratio for the next fiscal year is 11.45. 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 3.92. Its current Enterprise Value per Revenue stands at 0.485 whereas that against EBITDA is 6.296.
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 $12.88. The 50-Day Moving Average of the stock is 0.12%, while the 200-Day Moving Average is calculated to be 7.95%.
Shares Statistics:
It appears that JWN traded 2.34M shares on average per day over the past three months and 1993050 shares per day over the past ten days. A total of 162.40M shares are outstanding, with a floating share count of 94.47M. Insiders hold about 42.47% of the company’s shares, while institutions hold 52.55% stake in the company. Shares short for JWN as of 1728950400 were 11281087 with a Short Ratio of 4.83, compared to 1726185600 on 11292529. Therefore, it implies a Short% of Shares Outstanding of 11281087 and a Short% of Float of 8.55.
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 0.032506417The stock’s 5-year Average Dividend Yield is 3.88.
