Nordstrom Inc. [JWN] shares are down more than -62.77% this year and recently decreased -0.02% or -$0.21 to settle at $13.00. Analysts expect JWN to shrink earnings at a -6.85% annual rate over the next 5 years. JWN has a short ratio of 4.60. This implies that the market is currently less bearish on the outlook for JWN.
On 5, October 2020, Nordstrom Made Brand Treasure & Bond Announces New Nonprofit Partners. According to news published on Yahoo Finance, Treasure & Bond will partner with regional organizations that empower youth and families including The Ali Forney Center, Covenant House, The Night Ministry, YouthCare and Youth Emerging Stronger.
Analyst Birdseye View:
The most recent analyst activity for Nordstrom Inc. [NYSE:JWN] stock was on July 08, 2020, when it was Reiterated with a Market perform rating from Telsey Advisory Group, which also lowered its 12-month price target on the stock from $21 to $18. Before that, on August 26, 2020, Telsey Advisory Group Recapitulated a Market perform rating and elevated its amount target to $17. On May 29, 2020, Telsey Advisory Group Reiterated a Market perform rating and boosted its price target on this stock from $18 to $21. On May 26, 2020, Telsey Advisory Group Reiterated a Market perform rating and decreased its price target from $25 to $18. On March 04, 2020, Telsey Advisory Group Reiterated a Market perform rating and decreased its price target to $35. On March 04, 2020, Barclays Downgrade an Underweight rating and boosted its amount on this stock to $29. On February 04, 2020, BMO Capital Markets Initiated a Market perform rating.
In the past 52 weeks of trading, this stock has oscillated between a low of $11.72 and a peak of $43.37. Right now, the middling Wall Street analyst 12-month amount mark is $16.00. At the most recent market close, shares of Nordstrom Inc. [NYSE:JWN] were valued at $13.00. According to the average price forecast, investors can expect a potential return of -12.13%.
Nordstrom Inc. [NYSE:JWN] most recently reported quarterly sales of 1.86 billion, which represented growth of -51.90%. This publicly-traded organization’s revenue is $228,294 per employee, while its income is $7,294 per employee. This company’s Gross Margin is currently 30.70%, its Operating Margin is -5.70%, its Pretax Margin is +4.39, and its Net Margin is +3.20. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 5.63, 53.56, 17.10 and 10.93 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 83.36 and the whole liability to whole assets at 50.37. It shows enduring liability to the whole principal at 77.35 and enduring liability to assets at 0.47 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 13.03 points at 1st support level, the second support level is making up to 12.85. But as of 1st resistance point, this stock is sitting at 13.56 and at 13.91 for 2nd resistance point.
Nordstrom Inc. [JWN] reported its earnings at -$1.62 per share in the fiscal quarter closing of 7/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$1.48/share signifying the difference of -0.14 and -9.50% surprise value. Comparing the previous quarter ending of 4/29/2020, the stated earnings were -$3.33 calling estimates for -$1.07/share with the difference of -2.26 depicting the surprise of -211.20%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Nordstrom Inc. [NYSE:JWN] is 0.90. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.24. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.37 and it’s amount to book ratio is 5.86.
The most recent insider trade was by NORDSTROM ERIK B, Chief Executive Officer, and it was the sale of 16486.0 shares on Mar 11. NORDSTROM PETER E, the Pres. & Chief Brand Officer, completed a sale of 18030.0 shares on Mar 11. On Jan 08, BRAMMAN ANNE L, Chief Financial Officer, completed a sale of 3333.0 shares.