A Combo of Indicators for Nordstrom, Inc. (JWN)

On the technicals front, Nordstrom, Inc. (NYSE:JWN) overall has 100% Sell rating. The stock is also flashing a Sell from the Barchart TrendSpotter trading system. Traders hoping to speculate on the JWN’s short-term trajectory should know that short terms indicators for the stock averaged 100% Sell with an average daily trading volume over the past 20 days at 2995675 shares. JWN stock has overall a 1% Sell signal considering medium term indicators and the 50-day average daily volume remained almost 2957658 shares. It’s also worth noting that the stock, whose average daily volume over the 100 days prior to this writing was 2929881 shares, is 100% Sell on the basis of long term indicators.

The share price is currently staying around the first support level of $43.61. Below this, the next support is placed in the zone of $43.03. Till the time, the JWN stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 26.81 on daily chart, which may remain a cause for comfort. If the price breaks below $43.03 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $44.86 mark may result into a pull-back move towards $45.53 level.

Nordstrom, Inc. (JWN) is projected to climb by 36.05 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $75-month high price target. This represents a whopping 69.72 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $56, which represents a return potential of 26.73 percent when compared to the closing price of the stock of $44.19 on Tuesday, December 25. The lowest price target for the stock is $48 — slightly more than 8.62 percent from JWN’s current share price.

Here’s a rundown of insider trading activity for sense of Nordstrom, Inc. (NYSE:JWN). The earliest insider trade took place on 10/10/2018. Sari Robert parted with a total of 8.8 thousand shares of company at average share price of $62.5. The total for the sales was set at $549.69 thousand. After this transaction, the Senior VP and Secretary account balance stood at 14.46 thousand shares. The stock lost -29.09 percent since that insider sale. On 09/20/2018, Nordstrom Blake W, Co-President, sold 127.25 thousand shares at a price per share of $61.51. This removed 7.83 million shares from the insider’s fortune and the stock saw a -27.95 percent retreat in value since the news became public. This transaction left 2.86 million shares in the Co-President account. On 09/20/2018, Co-President Nordstrom Blake W performed a sale transaction worth $7.83 million. This sale at $61.51 each has eliminated 127.25 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -27.95 percent decrease since the transaction was reported. The insider now is left with 2.9 million shares remaining in the account. Worzel Ken, who performs the Chief Digital Officer job, sold 75.8 thousand shares for $4.99 million. The disposal occurred on 09/10/2018 was priced at $65.87 per share. The share price plunged -32.72 percent since the reporting date. Worzel Ken now left with a stake of 110.74 thousand JWN stock worth $4.89 million after the insider selling.

JWN shares dropped -0.13 points or -0.29 percent on Tuesday to $44.19 with a heavy trade volume of 2.87 million shares. After opening the session at $44.08, the shares went as high as $44.95 and as low as $43.7, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $7.45 billion and now has 168.56 million shares outstanding. Nordstrom, Inc. (JWN) stock has lost -15.56 percent of market value in 21 trading days.

Analysts at Gordon Haskett upped their rating on shares of Nordstrom, Inc. (NYSE:JWN) from Reduce to Hold in their opinion released on November 19. Gordon Haskett analysts have downgraded their rating of JWN stock from Hold to Reduce in a separate flash note to investors on November 08. Analysts at Wedbush issued an upgrade from Neutral to Outperform for the stock, in a research note that dated back to October 30.

JWN stock has a trailing 3-year beta of 0.57, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $2.96 a share in the trailing twelve months. The stock’s value has fallen -6.73 percent year to date (YTD) against a decline of -6.97 percent in 12 month’s time. The company’s shares still trade -34.77 percent away from its 1-year high of $67.75 and -0.09 percent down from 52-week low of $44.23. The average consensus rating on the company is 2.8, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.

Shares of Nordstrom, Inc. (JWN) are trading at a P/E ratio of 17.71 times earnings reported for the past 12 months. The industry JWN operates in has an average P/E of 65.3. Its P/E ratio went as low as 14.45X and as high as 21.25 over the 5-year span. Further, it is sporting a 0.46 on the Price-to-Sales ratio. Compare this with the industry average P/S of 2.67. 36.1 percent is the gross profit margin for Nordstrom, Inc. and operating margin sits at 5.3 percent. Along with this, the net profit margin is 2.9 percent.