Nordstrom, Inc [JWN] stock prices are up 1.95% to $24.53 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The JWN shares have gain 5.82% over the last week, with a monthly amount glided 10.25%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nordstrom, Inc [NYSE: JWN] stock has seen the most recent analyst activity on November 27, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $26 from $24. Previously, KeyBanc Capital Markets downgraded its rating to Sector Weight on September 26, 2024. On September 05, 2024, upgrade upgraded it’s rating to Equal Weight and revised its price target to $23 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $24 on August 28, 2024. Telsey Advisory Group reiterated its recommendation of a Market Perform and raised its price target to $23 on July 09, 2024. Jefferies downgraded its rating to Hold for this stock on March 07, 2024, and downed its price target to $17. In a note dated March 06, 2024, Telsey Advisory Group reiterated an Market Perform rating on this stock and boosted its target price from $17 to $19.
The stock price of Nordstrom, Inc [JWN] has been fluctuating between $16.63 and $24.99 over the past year. Currently, Wall Street analysts expect the stock to reach $22.6 within the next 12 months. Nordstrom, Inc [NYSE: JWN] shares were valued at $24.53 at the most recent close of the market. An investor can expect a potential drop of -7.87% based on the average JWN price forecast.
Analyzing the JWN fundamentals
The Nordstrom, Inc [NYSE:JWN] reported sales of 15.11B for trailing twelve months, representing a surge of 4.34%. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -0.23%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.39 and Total Capital is -0.59. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.72.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.01 points at the first support level, and at 23.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.00, and for the 2nd resistance point, it is at 25.47.
Ratios To Look Out For
It’s worth pointing out that Nordstrom, Inc [NYSE:JWN]’s Current Ratio is 1.14. In addition, the Quick Ratio stands at 0.35 and the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 4.10 and price to earnings (TTM) ratio is 15.64.
Transactions by insiders
Recent insider trading involved DePree Alexis, Chief Operating Officer, that happened on Sep 24 ’24 when 20000.0 shares were sold. Officer, DePree Alexis completed a deal on Sep 24 ’24 to buy 20000.0 shares.
