Nordstrom, Inc. (NYSE: JWN) on Tuesday, soared 0.94% from the previous trading day, before settling in for the closing price of $21.25. Within the past 52 weeks, JWN’s price has moved between $12.88 and $23.54.
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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%. The company achieved an average annual earnings per share of -15.62%. With a float of $108.95 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Department Stores industry stocks is more important than anything else. The insider ownership of Nordstrom, Inc. is 33.43%, while institutional ownership is 55.72%. 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.
Nordstrom, Inc. (JWN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -15.62% 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
Nordstrom, Inc. (JWN) is currently performing well based on its current performance indicators. A quick ratio of 0.36 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24. Likewise, its price to free cash flow for the trailing twelve months is 18.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.82, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 1.91 in one year’s time.
Technical Analysis of Nordstrom, Inc. (JWN)
Compared to the last year’s volume of 3.72 million, its volume of 1.66 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 49.36%. Additionally, its Average True Range was 0.63.
During the past 100 days, Nordstrom, Inc.’s (JWN) raw stochastic average was set at 69.06%, which indicates a significant increase from 56.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.61% in the past 14 days, which was lower than the 50.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.91, while its 200-day Moving Average is $18.04. Nevertheless, the first resistance level for the watch stands at $21.64 in the near term. At $21.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.05. If the price goes on to break the first support level at $21.24, it is likely to go to the next support level at $21.02. Now, if the price goes above the second support level, the third support stands at $20.83.
Nordstrom, Inc. (NYSE: JWN) Key Stats
Market capitalization of the company is 3.51 billion based on 163,649K outstanding shares. Right now, sales total 14,693 M and income totals 134,000 K. The company made 3,335 M in profit during its latest quarter, and -39,000 K in sales during its previous quarter.
