3 Analysts rated Nordstrom, Inc. (NYSE:JWN) as Strong Buy


Nordstrom, Inc. (NYSE:JWN) has a 1 Year Target Estimate of $54.78. The stock traded with the volume of 2.86 Million in the last trading session. Nordstrom, Inc. opened at $56.21 and closed by showing an increase of 0.52%. The Bid price in the last session was $51.01 x 500 and the Ask price was $58.48 x 200. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Nordstrom, Inc. has the Market Capitalization of 9.76 Billion. The Stock has its 52-week High of $62.82 and 52-Week Low of $35.01 and it touched its 52-week high on Nov 14, 2016 and 52-Week Low on Jun 27, 2016.

Nordstrom, Inc. reported its last Earnings on Nov 10 AMC where the company reported Actual EPS of $0.84/Share whereas, the Analyst Estimated EPS was $0.52/share. The difference between Actual EPS and Estimated EPS was $0.32/share. This represented an Earnings Surprise of 61.5%. The company will report its next earnings on 23-Feb-17.

Some analyst provided their insight on Growth Estimates; Nordstrom, Inc. has the Current Quarter Earnings Growth rate of 0.9%. The Next Quarter growth is expected to be 30.8%. In the past 5 years, the stock has earnings growth rate of -4.68% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 6% per annum.

25 number of analysts also provided their insight on Nordstrom, Inc., where the Average Price Target for the stock is $54.78. They also projected Low Price Target as $37 while High Price Target is set at $68.

A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 5 reported it as Buy.17 analysts assigned a HOLD rating, 3 said it’s UNDERPERFORM and 1 say that this stock is a SELL.

Nordstrom, Inc. annual Divided is 1.48 while it’s Dividend Yield is 2.63%. The stock has its Price to Earnings (P/E) ratio of 30.15 and Forward Price to Earnings ratio of 17.83. The company has its Price to Sales (P/S) ratio of 0.67 where Price to Book (P/B) ratio of 11.36, Price to Cash Per share (P/C) of 18.41 and Price to Free Cash Flow (P/FCF) has a value of 20.93.

The company has its Return on Assets (ROA) of 4.2 Percent. Return on Equity (ROE) stands at 37.6% and Return on Investment (ROI) displays a value of 19.7%.

The stock is currently trading at Distance from 20-Day simple moving Average of 2.36% whereas, Distance from 50-Day Simple moving average is 5.41 Percent and Distance from 200-Day Simple Moving Average of 17.03 percent.

A look at performance overview of Nordstrom, Inc. depicts that Performance (Week) is -1.76 percent while Performance Month is 7.61%. Quarterly performance shows a value of 10.23% and Half Year Performance value stands at 49.72%. Yearly performance of the stock has the value of 3.15 percent. Nordstrom, Inc. has its YTD performance of 16.61 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 13 Nov 2016 where President Nordstrom (Blake W) did a transaction type “Sell” in which 42847 shares were traded at a price of $60. Another insider trade includes President Nordstrom (Blake W) who also initiated a transaction in which 42847 shares were traded on 13 Nov 2016 as “Buy”. On 10 Nov 2016 Officer and Director Nordstrom (Peter E) traded 29992 shares as “Sell” at $58.51. Officer and Director Nordstrom (Erik B) Sell 29992 shares on 10 Nov 2016 at the price of $58.51.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Deutsche Bank on 31-Oct-16 who Downgrade the stock from Buy to Hold. Other firms have also Upgraded/Downgraded the stock. On 26-Jul-16, Piper Jaffray took an action “Upgrade” from Neutral to Overweight. On 5-Jul-16, the stock was Upgrade to Hold by Miller Tabak.