Stock To Watch: Nordstrom, Inc. (NYSE:JWN)


The leading market experts have placed a mean price target of $40.81 on Nordstrom, Inc. (NYSE:JWN) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.50 a share for the upcoming quarter and $2.57 for the current fiscal. Technical View The technical analysis of Nordstrom, Inc. Common Stock plainly substantiates that the 50-day moving average of Nordstrom, Inc. Common Stock is $39.51, and stock is hovering -4.00 or -10.11% distant from $39.51. It is noted that the 200-day MA is $48.79, and Nordstrom, Inc. Common Stock stock is $-13.28 or -27.22% off from this point. Nordstrom, Inc. (NYSE:JWN) 52-week high is $80.23 and the 52-week low is $35.01. This explains if the stock moves $-44.72, it will post a 52-week high. In event of $+1.43% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Nordstrom, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Nordstrom, Inc. (NYSE:JWN) ratio came in at 12.76. The stock last ended the trading session at $35.51 and registered a market cap of $6.16B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Nordstrom, Inc. (NYSE:JWN) PEG ratio is at 4.11.

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