Nordstrom, Inc. (JWN) recent activity suggests a positive outlook with the last week’s performance of -3.21%

Nordstrom, Inc. (NYSE: JWN) kicked off on Monday, up 2.16% from the previous trading day, before settling in for the closing price of $22.73. Over the past 52 weeks, JWN has traded in a range of $12.88-$24.93.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 0.91%. While this was happening, its average annual earnings per share was recorded -10.34%. With a float of $94.47 million, this company’s outstanding shares have now reached $162.40 million.

The extent of productivity of a business whose workforce counts for 54000 workers is very important to gauge. In terms of profitability, gross margin is 36.54%, operating margin of -4.77%, and the pretax margin is 2.56%.

Nordstrom, Inc. (JWN) Insider and Institutional Ownership

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 42.47%, while institutional ownership is 52.79%. The most recent insider transaction that took place on Sep 24 ’24, was worth 463,986. In this transaction Chief Operating Officer of this company sold 20,000 shares at a rate of $23.20, taking the stock ownership to the 169,331 shares. Before that another transaction happened on Sep 24 ’24, when Company’s Officer proposed sale 20,000 for $23.20, making the entire transaction worth $463,985.

Nordstrom, Inc. (JWN) Latest Financial update

In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0.25 earnings per share (EPS), higher than consensus estimate (set at 0.12) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.95 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -10.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -7.00% 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 0.25. Likewise, its price to free cash flow for the trailing twelve months is 28.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.71, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.97 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 1.53 million was inferior to 3.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 19.82%. Additionally, its Average True Range was 0.67.

During the past 100 days, Nordstrom, Inc.’s (JWN) raw stochastic average was set at 68.80%, which indicates a significant increase from 49.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.17% in the past 14 days, which was lower than the 34.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.51, while its 200-day Moving Average is $20.87. Now, the first resistance to watch is $23.53. This is followed by the second major resistance level at $23.84. The third major resistance level sits at $24.26. If the price goes on to break the first support level at $22.79, it is likely to go to the next support level at $22.37. The third support level lies at $22.06 if the price breaches the second support level.

Nordstrom, Inc. (NYSE: JWN) Key Stats

The company with the Market Capitalisation of 3.81 billion has total of 163,649K 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 3,894 M and last quarter income was 122,000 K.