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.

Several price targets were given for JWN by the analysts covering the stock. The most optimistic price target was 58, implying potential capital gains of 21.39 percent. The lowest price target was 32, implying a possible loss of -33.03 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -4.62 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.34 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.89 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

JWN has an estimated earnings growth rate of 39.05 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. JWN has a PEG ratio of 0.58.

JWN has a 52-week high of 62.82 and a 52-week low of 39.05. Currently the stock is 22.36 percent higher than its low, and 23.94 percent lower than its 52-week high. JWN has a P/E 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 market cap of JWN is $7.99 billion. JWN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.