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Nordstrom (JWN)
NYSE:JWN
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JWN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.88 - $24.03
Previous Close$22.56
Volume2.06M
Average Volume (3M)2.36M
Market Cap
$3.70B
Enterprise Value$7.26B
Total Cash (Recent Filing)$679.00M
Total Debt (Recent Filing)$4.23B
Price to Earnings (P/E)13.2
Beta1.70
Next Earnings
Nov 19, 2024EPS Estimate
$0.21Last Dividend Ex-Date
Sep 03, 2024Dividend Yield3.37%
Share Statistics
EPS (TTM)1.71
Shares Outstanding164,210,989
10 Day Avg. Volume2,313,144
30 Day Avg. Volume2,357,859
Standard Deviation0.22
R-Squared0.40
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)3.91
Price to Sales (P/S)0.25
Price to Cash Flow (P/CF)2.40
P/FCF Ratio3.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.48
Enterprise Value/Gross Profit1.35
Enterprise Value/Ebitda7.09
Forecast
1Y Price Target
$21.75Price Target Upside-3.59% Downside
Rating ConsensusHold
Number of Analyst Covering12
Nordstrom News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNordstrom reported 2Q adj. EPS of $0.96 (above Street $0.71) with the beat driven by more favorable gross margin expansion of +155bps Y/Y to 36.6%.
Sales GrowthRack continues to drive sales with total sales growth of 3% led by Rack stores, showing a sales increase of 9%.
Take-Private ProposalThe company had received a going-private transaction proposal from the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V.; the proposal indicates plans for the family and Liverpool to acquire all shares of the company for $23/share in cash.
Bears Say
Debt PositionJWN’s current debt position will remain outstanding as part of the deal structure.
Foot TrafficJuly foot traffic was -3.4% vs +2.0% in June and -1.7% in May.
Inventory LevelsRising inventory levels tied to the build out of Rack stores further increases the risk on gross margin should sales fall short of expectations in what is viewed as a still promotional competitive environment.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Nordstrom
Desktop Users
Mobile Users
JWN FAQ
What was Nordstrom’s price range in the past 12 months?
Nordstrom lowest stock price was $12.88 and its highest was $24.03 in the past 12 months.
What is Nordstrom’s market cap?
Currently, no data Available
When is Nordstrom’s upcoming earnings report date?
Nordstrom’s upcoming earnings report date is Nov 19, 2024 which is in 61 days.
How were Nordstrom’s earnings last quarter?
Nordstrom released its earnings results on Aug 27, 2024. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.711 by $0.249.
Is Nordstrom overvalued?
According to Wall Street analysts Nordstrom’s price is currently Overvalued.
Does Nordstrom pay dividends?
Nordstrom pays a Quarterly dividend of $0.19 which represents an annual dividend yield of 3.37%. See more information on Nordstrom dividends here
What is Nordstrom’s EPS estimate?
Nordstrom’s EPS estimate is $0.21.
How many shares outstanding does Nordstrom have?
Nordstrom has 164,210,980 shares outstanding.
What happened to Nordstrom’s price movement after its last earnings report?
Nordstrom reported an EPS of $0.96 in its last earnings report, beating expectations of $0.711. Following the earnings report the stock price went up 4.198%.
Which hedge fund is a major shareholder of Nordstrom?
Among the largest hedge funds holding Nordstrom’s share is Royce & Associates LLC. It holds Nordstrom’s shares valued at 13M.
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Nordstrom Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$21.75 (-3.59% Downside)
$21.75 (-3.59% Downside)
Blogger Sentiment
Neutral
JWN Sentiment 58%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 288.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.73%
12-Months-Change
Fundamentals
Return on Equity
35.02%
Trailing 12-Months
Asset Growth
-1.80%
Trailing 12-Months
Company Description
Nordstrom
Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes and accessories. It operates through the following business segments: Retail, Credit and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers. The Corporate/Other segment includes sales return reserve, expenses, and assets. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.
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JWN Company Deck
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JWN Earnings Call
Q2 2024
0:00 / 0:00
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JWN Stock 12 Month Forecast
Average Price Target
$21.75
▼(-3.59% Downside)
Technical Analysis
Best Analysts Covering JWN
1 Year
1 Year Success Rate
12/22 ratings generated profit
1 Year Average Return
+0.75%
reiterated a sell rating 23 days ago
Copying Lorraine Hutchinson's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +0.75% per trade.
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