Nordstrom, Inc. (JWN) EPS Estimated At $0.83

August 10, 2018 - By Benjamin Allen

Nordstrom, Inc. (NYSE:JWN) LogoInvestors sentiment increased to 0.99 in Q1 2018. Its up 0.03, from 0.96 in 2017Q4. It improved, as 35 investors sold Nordstrom, Inc. shares while 158 reduced holdings. 69 funds opened positions while 123 raised stakes. 90.21 million shares or 2.31% less from 92.34 million shares in 2017Q4 were reported.
Tobam invested in 0.11% or 55,210 shares. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.03% in Nordstrom, Inc. (NYSE:JWN). Btim has 0.1% invested in Nordstrom, Inc. (NYSE:JWN) for 141,011 shares. Stratos Wealth Prns Ltd has 3,222 shares. State Of Wisconsin Board owns 385,993 shares. Retirement Of Alabama accumulated 55,845 shares or 0.01% of the stock. Ardevora Asset Ltd Liability Partnership holds 0.85% or 590,300 shares. Ferguson Wellman Cap Management, Oregon-based fund reported 9,198 shares. State Of Tennessee Treasury Department owns 136,521 shares. Svcs Automobile Association has invested 0.01% in Nordstrom, Inc. (NYSE:JWN). Umb Fincl Bank N A Mo, a Missouri-based fund reported 4,498 shares. Switzerland-based Credit Suisse Ag has invested 0.01% in Nordstrom, Inc. (NYSE:JWN). Schroder Inv Management Group has invested 0.06% in Nordstrom, Inc. (NYSE:JWN). First Allied Advisory Service holds 0.04% or 22,008 shares. Confluence Investment Management Limited Liability Corporation holds 247,880 shares or 0.22% of its portfolio.

Since April 11, 2018, it had 0 buys, and 18 sales for $17.91 million activity. Deputy Christine also sold $515,032 worth of Nordstrom, Inc. (NYSE:JWN) shares. Worzel Ken also sold $25,142 worth of Nordstrom, Inc. (NYSE:JWN) shares. NORDSTROM PETER E had sold 3,379 shares worth $179,121. NORDSTROM ERIK B sold 118,161 shares worth $6.38 million. The insider Meden Scott A sold 10,000 shares worth $490,200.

Analysts expect Nordstrom, Inc. (NYSE:JWN) to report $0.83 EPS on August, 16 after the close.They anticipate $0.18 EPS change or 27.69 % from last quarter’s $0.65 EPS. JWN’s profit would be $138.93M giving it 15.76 P/E if the $0.83 EPS is correct. After having $0.51 EPS previously, Nordstrom, Inc.’s analysts see 62.75 % EPS growth. The stock decreased 0.45% or $0.239 during the last trading session, reaching $52.311. About 26,136 shares traded. Nordstrom, Inc. (NYSE:JWN) has risen 17.06% since August 10, 2017 and is uptrending. It has outperformed by 4.49% the S&P500.

Nordstrom, Inc. (NYSE:JWN) Ratings Coverage

Among 12 analysts covering Nordstrom (NYSE:JWN), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Nordstrom has $69 highest and $45.0 lowest target. $53.20’s average target is 1.70% above currents $52.311 stock price. Nordstrom had 15 analyst reports since March 2, 2018 according to SRatingsIntel. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, March 5. The firm earned “Market Perform” rating on Monday, July 2 by Cowen & Co. The company was maintained on Friday, March 2 by RBC Capital Markets. The rating was maintained by Piper Jaffray with “Hold” on Thursday, March 1. The company was upgraded on Wednesday, May 23 by Deutsche Bank. The firm earned “Sector Weight” rating on Tuesday, July 10 by KeyBanc Capital Markets. The rating was maintained by Robert W. Baird on Friday, March 2 with “Neutral”. The stock of Nordstrom, Inc. (NYSE:JWN) earned “Buy” rating by KeyBanc Capital Markets on Friday, May 18. Nomura maintained the stock with “Neutral” rating in Thursday, July 12 report. The stock of Nordstrom, Inc. (NYSE:JWN) has “Neutral” rating given on Wednesday, July 11 by Credit Suisse.

Nordstrom, Inc., a fashion specialty retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the United States and Canada. The company has market cap of $8.76 billion. It operates through two divisions, Retail and Credit. It has a 19.17 P/E ratio. The Retail segment offers a range of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Trunk Club clubhouses and TrunkClub.com; Jeffrey boutiques; and clearance stores that operate under the Last Chance name.

More notable recent Nordstrom, Inc. (NYSE:JWN) news were published by: Seekingalpha.com which released: “Nordstrom: Investor Day Sales Targets Appear Slightly Aggressive” on July 24, 2018, also Seekingalpha.com with their article: “JC Penney May Be The Next Great Turnaround” published on August 08, 2018, Bizjournals.com published: “Online mattress seller Casper to open 200 stores” on August 09, 2018. More interesting news about Nordstrom, Inc. (NYSE:JWN) were released by: Seekingalpha.com and their article: “Nordstrom’s Philosophy” published on August 09, 2018 as well as Benzinga.com‘s news article titled: “Alibaba, Celgene, Foot Locker, Nordstrom: ‘Fast Money’ Picks For August 9” with publication date: August 09, 2018.

Nordstrom, Inc. (NYSE:JWN) Institutional Positions Chart

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