A new trading day began on Monday, with Nordstrom, Inc (NYSE: JWN) stock price up 1.54% from the previous day of trading, before settling in for the closing price of $22.71. JWN’s price has ranged from $15.08 to $24.99 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 0.91% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -7.07%. With a float of $94.51 million, this company’s outstanding shares have now reached $164.90 million.
In an organization with 54000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 10.85%, operating margin of -22.5%, and the pretax margin is 2.4%.
Nordstrom, Inc (JWN) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Department Stores Industry. The insider ownership of Nordstrom, Inc is 42.45%, while institutional ownership is 49.98%. 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) Performance Highlights and Predictions
In its latest quarterly report, released on 10/31/2024, the company reported earnings of 0.96 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.00% during the next five years compared to -24.38% drop over the previous five years of trading.
Nordstrom, Inc (NYSE: JWN) Trading Performance Indicators
Here are Nordstrom, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.35. 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 6.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.57, a number that is poised to hit 0.91 in the next quarter and is forecasted to reach 2.02 in one year’s time.
Technical Analysis of Nordstrom, Inc (JWN)
Let’s dig in a bit further. During the last 5-days, its volume was 4.6 million. That was better than the volume of 3.06 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.13%. Additionally, its Average True Range was 0.92.
During the past 100 days, Nordstrom, Inc’s (JWN) raw stochastic average was set at 65.16%, which indicates a significant increase from 41.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.76% in the past 14 days, which was higher than the 36.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.86, while its 200-day Moving Average is $21.37. However, in the short run, Nordstrom, Inc’s stock first resistance to watch stands at $23.45. Second resistance stands at $23.84. The third major resistance level sits at $24.53. If the price goes on to break the first support level at $22.36, it is likely to go to the next support level at $21.67. Assuming the price breaks the second support level, the third support level stands at $21.28.
Nordstrom, Inc (NYSE: JWN) Key Stats
With a market capitalization of 3.79 billion, the company has a total of 164,211K Shares Outstanding. Currently, annual sales are 14,693 M while annual income is 134,000 K. The company’s previous quarter sales were 3,894 M while its latest quarter income was 122,000 K.
