Analyst Ratings for Nordstrom Inc. (JWN)Updated: 2017-07-26
Analysts covering Nordstrom Inc. (NYSE:JWN) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for JWN last month.
29 analysts issued ratings on the stock, where 5 gave JWN a buy rating, 2 gave an overweight rating, 17 issued a hold rating, 1 issued an underweight rating, and 4 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
JWN was given price targets by several analysts. The most optimistic price target was 58, implying a possible profit of 21.39 percent. The most pessimistic price target was 32, which equates to a potential downside of -33.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.62 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.34 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.89 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of JWN's earnings is estimated by analysts to be 39.05 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. JWN has a PEG ratio of 0.58.
In the last 52-weeks, JWN has achieved a high of 62.82 and a low of 39.05. Today's price is 22.36 percent above the 52-week low, and 23.94 percent below the high. JWN has a price/earnings ratio of 22.54. Investors typically compare the P/E ratio to a company's peers in the industry. The JWN value stock report compares JWN to some of its peers using value stock charts. The stock has a market capitalization of $7.99 billion. JWN's next earnings release will be on 0000-00-00, which is days away.