Trading Day Review: Nordstrom, Inc (JWN) Loses Momentum, Closing at 22.51

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The price of Nordstrom, Inc (NYSE: JWN) closed at $22.51 in the last session, down -1.96% from day before closing price of $22.96. In other words, the price has decreased by -$1.96 from its previous closing price. On the day, 1.42 million shares were traded. JWN stock price reached its highest trading level at $23.005 during the session, while it also had its lowest trading level at $22.405.

Ratios:

We take a closer look at JWN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.03. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 4.37 whereas as Long-Term Debt/Eq ratio is at 4.12.

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 this company, Telsey Advisory Group on November 27, 2024, Reiterated its Market Perform rating but revised its target price to $26 from $24 previously.

Barclays Upgraded its Underweight to Equal Weight on September 05, 2024, whereas the target price for the stock was revised from $18 to $23.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 3786272000 and an Enterprise Value of 7595874304. As of this moment, Nordstrom,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.35, and their Forward P/E ratio for the next fiscal year is 11.13. 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 3.76. Its current Enterprise Value per Revenue stands at 0.507 whereas that against EBITDA is 6.582.

Stock Price History:

Over the past 52 weeks, JWN has reached a high of $24.99, while it has fallen to a 52-week low of $15.97. The 50-Day Moving Average of the stock is -2.03%, while the 200-Day Moving Average is calculated to be 4.82%.

Shares Statistics:

According to the various share statistics, JWN traded on average about 2.09M shares per day over the past 3-months and 2942750 shares per day over the past 10 days. A total of 164.90M shares are outstanding, with a floating share count of 94.92M. Insiders hold about 42.44% of the company’s shares, while institutions hold 49.75% stake in the company. Shares short for JWN as of 1731628800 were 10719109 with a Short Ratio of 4.91, compared to 1728950400 on 11281087. Therefore, it implies a Short% of Shares Outstanding of 10719109 and a Short% of Float of 8.1199996.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.88.

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