Nordstrom, Inc. (NYSE: JWN) is 19.67% higher on its value in year-to-date trading and has touched a low of $12.88 and a high of $24.03 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JWN stock was last observed hovering at around $22.82 in the last trading session, with the day’s loss setting it -0.74%.
Currently trading at $22.08, the stock is 0.09% and 0.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.53 million and changing -3.24% at the moment leaves the stock 11.20% off its SMA200. JWN registered 50.61% gain for a year compared to 6-month gain of 29.43%.
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The stock witnessed a -0.50% loss in the last 1 month and extending the period to 3 months gives it a 2.70%, and is -1.16% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.88% over the week and 3.34% over the month.
Nordstrom, Inc. (JWN) has around 54000 employees, a market worth around $3.63B and $14.97B in sales. Current P/E ratio is 12.93 and Fwd P/E is 11.30. Profit margin for the company is 1.90%. Distance from 52-week low is 71.43% and -8.11% from its 52-week high. The company has generated returns on investments over the last 12 months (5.76%).
The EPS is expected to shrink by -10.82% this year.
Nordstrom, Inc. (JWN) Top Institutional Holders
464.0 institutions hold shares in Nordstrom, Inc. (JWN), with institutional investors hold 95.77% of the company’s shares. The shares outstanding are 162.40M, and float is at 112.76M with Short Float at 12.43%. Institutions hold 54.56% of the Float.
The top institutional shareholder in the company is EL PUERTO DE LIVERPOOL, S.A.B. DE C.V. with over 15.76 million shares valued at $334.32 million. The investor’s holdings represent 9.6538% of the JWN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.72 million shares valued at $227.45 million to account for 6.5679 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 8.57 million shares representing 5.2537% and valued at over $181.94 million, while STATE STREET CORP holds 4.1687 of the shares totaling 6.8 million with a market value of $144.37 million.
Nordstrom, Inc. (JWN) Insider Activity
The most recent transaction is an insider sale by Lionello Gemma, the company’s President, Nordstrom Rack. SEC filings show that Lionello Gemma sold 32,916 shares of the company’s common stock on Oct 05 ’23 at a price of $14.36 per share for a total of $0.47 million. Following the sale, the insider now owns 39973.0 shares.
