Nordstrom, Inc (JWN) 20 Days SMA touches 2.52%: The odds favor the bear

Nordstrom, Inc (NYSE: JWN) kicked off on Monday, down -0.41% from the previous trading day, before settling in for the closing price of $24.21. Over the past 52 weeks, JWN has traded in a range of $16.63-$24.99.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 0.91%. While this was happening, its average annual earnings per share was recorded -6.84%. With a float of $95.02 million, this company’s outstanding shares have now reached $164.90 million.

Let’s determine the extent of company efficiency that accounts for 54000 employees. 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 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 42.43%, while institutional ownership is 49.71%. 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) Earnings and Forecasts

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 -6.84% 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

Take a look at Nordstrom, Inc’s (JWN) current performance indicators. Last quarter, 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 0.26. Likewise, its price to free cash flow for the trailing twelve months is 10.75.

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 2.05 in one year’s time.

Technical Analysis of Nordstrom, Inc (JWN)

Looking closely at Nordstrom, Inc (NYSE: JWN), its last 5-days average volume was 4.48 million, which is a jump from its year-to-date volume of 3.05 million. As of the previous 9 days, the stock’s Stochastic %D was 64.95%. Additionally, its Average True Range was 0.67.

During the past 100 days, Nordstrom, Inc’s (JWN) raw stochastic average was set at 78.38%, which indicates a significant increase from 67.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.15% in the past 14 days, which was lower than the 34.17% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $23.23, while its 200-day Moving Average is $21.76. However, in the short run, Nordstrom, Inc’s stock first resistance to watch stands at $24.18. Second resistance stands at $24.25. The third major resistance level sits at $24.29. If the price goes on to break the first support level at $24.07, it is likely to go to the next support level at $24.03. Should the price break the second support level, the third support level stands at $23.96.

Nordstrom, Inc (NYSE: JWN) Key Stats

The company with the Market Capitalisation of 3.98 billion has total of 165,047K 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 3,464 M and last quarter income was 46,000 K.