Nordstrom Inc. (NYSE: JWN) kicked off on May 19, 2023, at the price of $15.90, down -3.92% from the previous trading day. During the day, the shares moved up to $15.90 and dropped to $15.13 before settling in for the closing price of $16.07. Over the past 52 weeks, JWN has traded in a range of $14.02-$27.72.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 0.10%. While this was happening, its average annual earnings per share was recorded 38.00%. With a float of $97.30 million, this company’s outstanding shares have now reached $160.10 million.
The extent of productivity of a business whose workforce counts for 60000 workers is very important to gauge. In terms of profitability, gross margin is +35.54, operating margin of +3.56, and the pretax margin is +2.17.
Nordstrom Inc. (JWN) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Department Stores Industry. The insider ownership of Nordstrom Inc. is 0.40%, while institutional ownership is 58.90%. The most recent insider transaction that took place on Feb 02, was worth 601,528. In this transaction Chief Customer Officer of this company sold 28,645 shares at a rate of $21.00, taking the stock ownership to the 125,026 shares. Before that another transaction happened on Feb 01, when Company’s Chief Customer Officer sold 1,540 for $20.08, making the entire transaction worth $30,922. This insider now owns 128,671 shares in total.
Nordstrom Inc. (JWN) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 1/30/2023, the organization reported $0.74 earnings per share (EPS), higher than consensus estimate (set at $0.66) by $0.08. This company achieved a net margin of +1.58 while generating a return on equity of 37.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 38.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.53% during the next five years compared to -11.80% drop over the previous five years of trading.
Nordstrom Inc. (NYSE: JWN) Trading Performance Indicators
Take a look at Nordstrom Inc.’s (JWN) current performance indicators. Last quarter, stock had a quick ratio of 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17. Likewise, its price to free cash flow for the trailing twelve months is 7.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.51, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 1.96 in one year’s time.
Technical Analysis of Nordstrom Inc. (JWN)
The latest stats from [Nordstrom Inc., JWN] show that its last 5-days average volume of 3.96 million was inferior to 5.6 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 83.98%. Additionally, its Average True Range was 0.67.
During the past 100 days, Nordstrom Inc.’s (JWN) raw stochastic average was set at 10.78%, which indicates a significant decrease from 67.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.32% in the past 14 days, which was lower than the 60.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.90, while its 200-day Moving Average is $18.65. Now, the first resistance to watch is $15.85. This is followed by the second major resistance level at $16.26. The third major resistance level sits at $16.62. If the price goes on to break the first support level at $15.08, it is likely to go to the next support level at $14.72. Assuming the price breaks the second support level, the third support level stands at $14.31.
Nordstrom Inc. (NYSE: JWN) Key Stats
The company with the Market Capitalisation of 2.59 billion has total of 161,424K Shares Outstanding. Its annual sales at the moment are 15,530 M in contrast with the sum of 245,000 K annual income. Company’s last quarter sales were recorded 4,320 M and last quarter income was 119,000 K.
