Nordstrom (JWN) Earns News Sentiment Score of 0.10
Media stories about Nordstrom (NYSE:JWN) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nordstrom earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news articles about the specialty retailer an impact score of 46.6115110016234 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Outline of Different Gauges: Discover Financial Services (DFS), Nordstrom, Inc. (JWN) – Market Movers (financialqz.com)
- Most Shocking Stock Movements: Colony NorthStar, Inc. (CLNS), Nordstrom, Inc. (JWN) – Market Movers (financialqz.com)
- Should You Buy Nordstrom Inc (JWN) At This PE Ratio? (finance.yahoo.com)
- Did Nordstrom Just Show Us the Future of the Department Store? (finance.yahoo.com)
- Nordstrom (JWN) in Focus: Stock Moves 7.2% Higher – Nasdaq (nasdaq.com)
Several equities analysts recently issued reports on the company. KeyCorp restated an “overweight” rating and issued a $55.00 price target on shares of Nordstrom in a research report on Thursday, September 14th. Credit Suisse Group restated a “buy” rating and issued a $52.00 price target on shares of Nordstrom in a research report on Thursday, August 10th. Zacks Investment Research upgraded Nordstrom from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Thursday, August 10th. ValuEngine cut Nordstrom from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Cowen reiterated an “outperform” rating and set a $49.00 target price on shares of Nordstrom in a research report on Tuesday, August 29th. Five investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have issued a buy rating to the company’s stock. Nordstrom has a consensus rating of “Hold” and a consensus price target of $45.33.
Shares of Nordstrom (JWN) traded down $1.11 during trading hours on Tuesday, hitting $46.15. The stock had a trading volume of 2,108,970 shares, compared to its average volume of 2,912,610. Nordstrom has a fifty-two week low of $37.79 and a fifty-two week high of $61.85. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.00 and a quick ratio of 0.30. The stock has a market cap of $7,579.50, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 2.57 and a beta of 0.90.
Nordstrom (NYSE:JWN) last posted its earnings results on Thursday, November 9th. The specialty retailer reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.04. Nordstrom had a return on equity of 67.44% and a net margin of 3.25%. The firm had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.50 billion. During the same quarter in the prior year, the company earned $0.84 EPS. Nordstrom’s revenue was up 2.0% on a year-over-year basis. sell-side analysts expect that Nordstrom will post 2.95 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Monday, November 27th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend is Friday, November 24th. Nordstrom’s payout ratio is currently 52.11%.
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Nordstrom Company Profile
Nordstrom, Inc is a fashion specialty retailer in the United States. The Company’s segments include Retail and Credit. As of March 20, 2017, the Company operated 344 the United States stores located in 40 states as well as an e-commerce business. The Company also offers its customers a variety of payment products and services, including credit and debit cards.
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