Nordstrom, Inc. (NYSE:JWN) traded at $19.01 at close of the session on Tuesday, April 30, made a downward move of -2.16% on its previous day’s price.
Looking at the stock we see that its previous close was $19.43 . The company has a trailing 12-month PE ratio of 24.12. In terms of its 52-week price range, JWN has a high of $23.53 and a low of $12.88. The company’s stock has lost about -5.70% over that past 30 days.
Nordstrom, Inc. has a market cap of $3.10 billion. With its Forward Dividend at 0.76 and a yield of 4.00%, the company’s investors could be anxious for the JWN stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.09, with the EPS growth for the year raised at $1.78 for 2025 and $2.01 for next year. These figures represent -16.00% and 12.90% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $3.2 billion, with a low of $3.07 billion and a high of $3.28 billion.
On the other hand, looking at the outlook for the JWN stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the JWN stock currently stands at 3.55, and the current price level is 0.35% off its SMA20 and -0.80% from its 50-day simple moving average. The RSI (14) is pointing at 50.08 while the volatility over the past week is 2.56% and jumps to 4.41% over the past one month. The beta value is 2.61, while the average true range (ATR) is currently pointing at 0.81.
Coming back to Nordstrom, Inc. (NYSE:JWN), we note that the average 3-month trading volume was 4.30 million. Current shares outstanding are 162.40 million.
The insiders hold 34.88% of the company’s shares while institutions hold 54.13%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 3.04% up in year-to-date price movement.
