Stock Price of Nordstrom, Inc. (JWN) Increases 2.51%

Nordstrom, Inc. s in-depth stock price analysis indicates that the stock price has dropped -23.65% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -12.21% . Looking at the past 52 week period, the stock price is down -7.99% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Nordstrom, Inc. has a negative value of -16.22 compared to overall market performance. Nordstrom, Inc. (NYSE:JWN) has climbed 2.51% in the past week and advanced 1.81% in the last 4 weeks. The company has outperformed the S&P 500 by 1.68% in the past week but underperformed the index by 0.01% in the last 4 weeks.

Nordstrom, Inc. (NYSE:JWN) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.55 points or 1.21% at $45 with 3,121,745 shares getting traded. Post opening the session at $45.78, the shares hit an intraday low of $44.2 and an intraday high of $46.18 and the price was in this range throughout the day. The company has a market cap of $7,800 million and the number of outstanding shares has been calculated to be 173,342,140 shares. The 52-week high of Nordstrom, Inc. (NYSE:JWN) is $62.82 and the 52-week low is $35.01.

Nordstrom Last issued its quarterly earnings results on Nov 10, 2016. The company reported $0.84 EPS for the quarter, beating the analyst consensus estimate by $ 0.32. Analyst had a consensus of $0.52. The company had revenue of $3472.00 million for the quarter, compared to analysts expectations of $3431.53 million. The companys revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Nordstrom was Initiated by Susquehanna on Feb 10, 2017 to Neutral, Price Target of the shares are set at $47.Nordstrom was Downgraded by Goldman to Sell on Feb 2, 2017. Nordstrom was Upgraded by Credit Suisse to Outperform on Jan 18, 2017. Nordstrom was Downgraded by Stifel on Jan 17, 2017 to Hold, Lowers Price Target to $ 40 from a previous price target of $62 .

Company has reported several Insider transactions to the SEC, on Dec 29, 2016, Daniel F Little (Executive Vice President) sold 5,400 shares at 59.00 per share price.On Dec 15, 2016, Geevy Sk Thomas (Executive Vice President) sold 59,195 shares at 58.19 per share price.On Dec 15, 2016, Michael G Koppel (Executive Vice President) sold 87,257 shares at 58.34 per share price.

Nordstrom, Inc. is one of the nations leading fashion specialty retailers, with stores located in a number of states, including full-line stores, Nordstrom Racks, Faconnable boutiques, and free-standing shoe stores. Nordstrom also operates Faconnable boutiques throughout Europe. Additionally, Nordstrom serves customers through its online presence and through its direct mail catalogs. (Company Press Release)


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