Nordstrom Inc. (NYSE:JWN) went up by 6.00% from its latest closing price compared to the recent 1-year high of $46.45. The company’s stock price has collected 6.43% of gains in the last five trading sessions. Barron’s reported on 04/25/21 that How a High-Yield Fund Is Becoming a ‘One-Stop Shop’ for Bond Investors
Is It Worth Investing in Nordstrom Inc. (NYSE :JWN) Right Now?
Plus, the 36-month beta value for JWN is at 2.43. Opinions of the stock are interesting as 4 analysts out of 22 who provided ratings for Nordstrom Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 15 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $35.28, which is -$3.59 below the current price. JWN currently public float of 109.79M and currently shorts hold a 12.72% ratio of that float. Today, the average trading volume of JWN was 3.53M shares.
JWN’s Market Performance
JWN stocks went up by 6.43% for the week, with a monthly jump of 5.77% and a quarterly performance of 8.54%, while its annual performance rate touched 120.16%. The volatility ratio for the week stands at 4.24% while the volatility levels for the past 30 days are set at 4.55% for Nordstrom Inc.. The simple moving average for the period of the last 20 days is 5.58% for JWN stocks with a simple moving average of 50.42% for the last 200 days.
Analysts’ Opinion of JWN
Many brokerage firms have already submitted their reports for JWN stocks, with Jefferies repeating the rating for JWN by listing it as a “Buy.” The predicted price for JWN in the upcoming period, according to Jefferies is $48 based on the research report published on March 12th of the current year 2021.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see JWN reach a price target of $38, previously predicting the price at $28. The rating they have provided for JWN stocks is “Market Perform” according to the report published on February 25th, 2021.
Gordon Haskett gave a rating of “Buy” to JWN, setting the target price at $45 in the report published on February 10th of the current year.
JWN Trading at 2.79% from the 50-Day Moving Average
After a stumble in the market that brought JWN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.30% of loss for the given period.
Volatility was left at 4.55%, however, over the last 30 days, the volatility rate increased by 4.24%, as shares surge +5.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.97% upper at present.
During the last 5 trading sessions, JWN rose by +6.43%, which changed the moving average for the period of 200-days by +143.30% in comparison to the 20-day moving average, which settled at $36.93. In addition, Nordstrom Inc. saw 24.58% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at JWN starting from Maher Michael W, who sale 6,000 shares at the price of $38.40 back on Apr 29. After this action, Maher Michael W now owns 38,149 shares of Nordstrom Inc., valued at $230,400 using the latest closing price.
DePree Alexis, the Chief Supply Chain Officer of Nordstrom Inc., sale 7,966 shares at $38.40 during a trade that took place back on Apr 29, which means that DePree Alexis is holding 119,465 shares at $305,894 based on the most recent closing price.
Stock Fundamentals for JWN
Current profitability levels for the company are sitting at:
- -7.67 for the present operating margin
- +29.30 for the gross margin
The net margin for Nordstrom Inc. stands at -6.44. The total capital return value is set at -14.28, while invested capital returns managed to touch -13.41. Equity return is now at value -244.70, with -7.10 for asset returns.
Based on Nordstrom Inc. (JWN), the company’s capital structure generated 1,744.92 points at debt to equity in total, while total debt to capital is 94.58. Total debt to assets is 55.80, with long-term debt to equity ratio resting at 1,460.98. Finally, the long-term debt to capital ratio is 79.19.
When we switch over and look at the enterprise to sales, we see a ratio of 0.95, with the company’s debt to enterprise value settled at 0.52. The receivables turnover for the company is 21.78 and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.88.