Do You Think It Is A Good Idea To Invest In Nordstrom Inc. (JWN)?

The stock of Nordstrom Inc. (NYSE:JWN) decreased by -$0.42 on Tuesday to finish at $24.03, down -1.72 percent. The last five days have seen an average of 4,661,380 shares of common stock traded. 11 times new highs were reached in the current year, with a gain of $1.41. The average number of shares traded over the last 20 days was 7,277,970, while the average volume over the last 50 days totaled 5,625,248.

JWN stock appreciated 6.19% since last month. On 05/24/22, the company’s shares reached a one-month low of $19.73. The stock touched a high of $38.48 on 04/14/22, after rallying from a low of $18.65 in 52 weeks. The price of JWN stock has risen by 6.23% or $1.41 this year, reaching a new high 11 times. Still, the stock price is down -37.55% from the 52-week high.


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Insider Transactions

There have been 27 days since Nordstrom Inc. (JWN) last reported insider trading activity on May 26. On May 26, Chief Financial Officer BRAMMAN ANNE L sold 13,333 shares at $24.20 each. This transaction resulted in the insider making $322,713. On Apr 18, BRAMMAN ANNE L sold 13,334 shares at a price of US$28.74. After the transaction, the insider now owns 120,137 shares. Pres. & Chief Brand Officer NORDSTROM PETER E had earlier sold 10,178 shares on Mar 11 for $23.83 a share. The transaction was completed for $242,536.

Valuation Metrics

Nordstrom Inc. (JWN) has a trailing price-to-earnings (P/E) ratio of 11.11. Beta for the stock is 2.12. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.25, the price-to-book (PB) ratio of 6.53, and the price-to-cash flow ratio of 5.08.

Company paid $0.19 per share in dividends, remained unchanged from $0.19 last year. A $0.18 dividend decrease was reported on Wednesday March 16 2022.

Financial Health

For the three months ended January 30, Nordstrom Inc.’s quick ratio was 0.30, while its current ratio was 1.00, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending January 30 is 4.85, and the total debt to equity ratio is 4.85. As far as profitability goes, gross margin for the trailing twelve months is 37.10% percent. Nordstrom Inc.’s operating margin stood at 4.20% for the same period. Based on annual data, it had gross profit of $5.45 billion and revenue of $14.79 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. JWN’s return on assets (ROA) during the last 12 months has been 4.00%. There was a 12.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 81.00%.

Earnings Surprise

According to Nordstrom Inc.’s quarterly financial report for the quarter that ended January 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.57 billion, while revenues fell by -136.87% to $4.41 billion. It was predicted that Nordstrom Inc.’s quarterly earnings would be $1.23, but it ended up being $1.02, beating the consensus by 20.60%. EBITDA was $272.0 million for the quarter. At the end of Nordstrom Inc.’s most recent quarter ended January 30, its liabilities totaled 8.59 billion, while its total debt was $4.65 billion. Equity owned by shareholders amounts to $160.58 million.

Technical Picture

Here’s a quick look at Nordstrom Inc.’s (JWN) price momentum from a technical perspective. As of 21 June, the RSI 9-day stood at 41.20%, suggesting the stock is Neutral, with a 69.26% historical volatility rate.

The stochastic %K and %D were 9.76% and 17.11% respectively, while the average true range (ATR) was 1.43. Based on the 14-day stochastic reading of 2.36%, the RSI (14) reading is 44.61%. On the 9-day MACD Oscillator, the stock is at -1.53, and the 14-day reading is at -1.65.

Analyst Ratings

In a note to investors, Telsey Advisory Group maintained its a Market perform rating on Nordstrom Inc. (NYSE: JWN). However, the firm raised their price target to $30, indicating a possible increase of 11.0% in the stock price. Analysts have assigned Nordstrom Inc. (JWN) an Hold rating. JWN is a stock that is recommended for selling by 5 brokerage firms, while 12 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.

What is JWN’s price target for the next 12 months?

The current consensus forecast for the stock is between $12.00 and $32.00, with a median target price of $23.00. In analyzing these forecasts, the average price target given by analysts for Nordstrom Inc. (JWN) is $23.14.

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