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.
Many analysts weighed in on price targets for JWN. The most optimistic price target was 58, which equates to a potential upside of 21.39 percent. The lowest price target was 32, implying a possible loss of -33.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -4.62 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.34 percent, as compared to a month ago. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of JWN to grow at a rate of 39.05 percent. People on Wall Street often look at a company's 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. 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. Currently the stock is 22.36 percent higher than its low, and below the high by 23.94 percent. 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 market cap of JWN is $7.99 billion. JWN will post this quarters earnings in days, on 0000-00-00.