Nordstrom, Inc. (NYSE: JWN) kicked off on Monday, down -6.77% from the previous trading day, before settling in for the closing price of $19.06. Over the past 52 weeks, JWN has traded in a range of $12.88-$23.53.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 0.91%. While this was happening, its average annual earnings per share was recorded -12.60%. With a float of $98.06 million, this company’s outstanding shares have now reached $162.40 million.
Considering the fact that the conglomerate employs 54000 people, you should pay attention to its efficiency factor.
Nordstrom, Inc. (JWN) Insider Activity
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 39.94%, while institutional ownership is 54.17%. The most recent insider transaction that took place on Oct 05 ’23, was worth 472,819. In this transaction President, Nordstrom Rack of this company sold 32,916 shares at a rate of $14.36, taking the stock ownership to the 39,973 shares. Before that another transaction happened on Jun 30 ’23, when Company’s Chief Human Resources Officer sold 33,364 for $20.37, making the entire transaction worth $679,561. This insider now owns 26,564 shares in total.
Nordstrom, Inc. (JWN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 7.30 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.80% during the next five years compared to -24.38% 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 0.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.20. Likewise, its price to free cash flow for the trailing twelve months is 55.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.79, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 1.94 in one year’s time.
Technical Analysis of Nordstrom, Inc. (JWN)
Compared to the last year’s volume of 4.51 million, its volume of 3.54 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 43.96%. Additionally, its Average True Range was 0.90.
During the past 100 days, Nordstrom, Inc.’s (JWN) raw stochastic average was set at 49.70%, which indicates a significant increase from 3.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.28% in the past 14 days, which was higher than the 55.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.21, while its 200-day Moving Average is $17.64. Nevertheless, the first resistance level for the watch stands at $18.83 in the near term. At $19.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.45. If the price goes on to break the first support level at $17.20, it is likely to go to the next support level at $16.63. Should the price break the second support level, the third support level stands at $15.57.
Nordstrom, Inc. (NYSE: JWN) Key Stats
The company with the Market Capitalisation of 2.90 billion has total of 163,258K Shares Outstanding. Its annual sales at the moment are 14,693 M in contrast with the sum of 134,000 K annual income. Company’s last quarter sales were recorded 4,420 M and last quarter income was 135,000 K.
