U.S. Markets open in 1 hr 53 mins
  • S&P Futures

    4,065.75
    -9.75 (-0.24%)
     
  • Dow Futures

    34,028.00
    +5.00 (+0.01%)
     
  • Nasdaq Futures

    12,054.00
    -52.75 (-0.44%)
     
  • Russell 2000 Futures

    1,907.10
    -3.40 (-0.18%)
     
  • Crude Oil

    82.20
    +1.19 (+1.47%)
     
  • Gold

    1,930.90
    +0.90 (+0.05%)
     
  • Silver

    23.84
    -0.18 (-0.75%)
     
  • EUR/USD

    1.0878
    -0.0014 (-0.13%)
     
  • 10-Yr Bond

    3.4930
    0.0000 (0.00%)
     
  • Vix

    18.84
    -0.24 (-1.26%)
     
  • GBP/USD

    1.2363
    -0.0044 (-0.35%)
     
  • USD/JPY

    129.9630
    -0.1900 (-0.15%)
     
  • BTC-USD

    22,956.91
    -123.16 (-0.53%)
     
  • CMC Crypto 200

    520.26
    -6.93 (-1.31%)
     
  • FTSE 100

    7,770.95
    +9.84 (+0.13%)
     
  • Nikkei 225

    27,382.56
    +19.81 (+0.07%)
     

Why Nordstrom (JWN) is a Top Value Stock for the Long-Term

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

Nordstrom (JWN)

Founded in 1901 as a retail shoe business, and headquartered in Seattle, Washington, Nordstrom Inc. is a leading fashion specialty retailer in the United States. The company offers an extensive selection of both branded and private-label merchandise, which are positioned in the upscale segment of the industry.

JWN sits at a Zacks Rank #3 (Hold), holds a Value Style Score of A, and has a VGM Score of B. Compared to the Retail - Apparel and Shoes industry's P/E of 13.1X, shares of Nordstrom are trading at a forward P/E of 8.7X. JWN also has a PEG Ratio of 0.5, a Price/Cash Flow ratio of 3.5X, and a Price/Sales ratio of 0.2X.

Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.02 to $2.42 per share. JWN has an average earnings surprise of 21.9%.

JWN should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Nordstrom, Inc. (JWN) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research