|Bid||2.51 x 1000|
|Ask||2.59 x 1000|
|Day's Range||2.50 - 2.65|
|52 Week Range||2.35 - 5.63|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 9, 2018 - Aug 13, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.94|
The recent outperformance of the Russell 2000 index is a "good indicator" of the U.S. economy's health, says Ben Kirby of Thornburg Investment Management.
In addition, Terry believes it will so begin opening new stores again, while operating margins have room to expand. "It has a clean balance sheet with a lot of cash and no debt, and a low multiple," Terry says. American Eagle (AEO) is another stock that has performed very well—up more than 100% in the past year—that he believes can continue to shine.
Nordstrom (JWN) generated revenue of $3.6 billion in the fiscal first quarter of 2018, which ended on May 5. Nordstrom’s revenue consists of its retail net sales and credit card revenue. In the fiscal first quarter, the company’s retail net sales grew 5.8% to $3.5 billion.
It spent nearly two years carving support at the 200-day exponential moving average (EMA) in the $30s, finally turning higher in November 2017, and has now posted a higher low at the 50-day EMA. This bullish action sets the stage for testing at major resistance between $49 and $52. Rallies failed at the bottom of that resistance zone in 2015, 2016 and January 2018, so bears are likely to force another reversal, using weakness near the round number $50 and the 2015 high at $51.25 to reload positions.
Nordstrom (JWN) stock fell 10.9% on May 18 in reaction to the company’s lower-than-expected comps or same-store sales growth for the fiscal first quarter of 2018. Nordstrom announced its first-quarter results after the close of financial markets on May 17. Nordstrom exceeded analysts’ revenue and earnings expectations for the fiscal first quarter, but a slowdown in same-store sales growth bothered investors.
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included one of the most recognized brands in the world. Bearish calls included a department store operator ...
is the older sister (159 years) to J.C. Penney Co. (116), yet there was more than age at play in this week's earnings reports of each. Macy's reported a strong first quarter, which shone all the more brightly because of its past weaknesses.
Same-store sales jumped 3.9% on an owned basis vs. expectations of up 0.7% and the company reported first-quarter adjusted earnings of 42 cents a share, beating analysts' consensus of 37 cents, and 26 cents from the same period last year. , Walmart reported stronger-than-expected earnings for the three months ending in April, which came in at $1.14 per share, 2 cents ahead of the consensus forecast.
Retailers issued a barrage of quarterly reports this week that for the most part reinforced the sell-side's prior ratings. Here are some of the analyst's reactions. JCPenney's 'Disappointing' Quarter ...
If you’re looking for a winner this week, the energy sector is the top performer, up 2.7%. Let’s take a look at some of today’s winners and losers. Stocks in the red include Campbell Soup, as the stock plummets with news that the CEO is retiring.
Moody's Investors Service, ("Moody's") has affirmed the ratings on 11 classes in UBS-Citigroup Commercial Mortgage Trust 2011-C1, Commercial Mortgage Pass-Through Certificates, Series 2011-C1 ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on 12 classes in UBS-Barclays Commercial Mortgage Trust 2012-C2, Commercial Mortgage Pass-Through Certificates, Series 2012-C2 ...
When we reviewed J.C. Penny Company Inc. way back in November, we wrote, "A fundamental analyst would want to see evidence that a company is making a turnaround and the technical analyst wants to see it in the price action of the security." From early November JCP staged a rally from $2.50 to briefly above $4.50. In the daily bar chart of JCP, below, we can see that prices just failed at the underside of the declining 50-day moving average line.
NEW YORK, NY / ACCESSWIRE / May 18, 2018 / World Wrestling Entertainment saw its shares leap higher on Thursday to a new high after a report indicated the company is closed to a renewal with USA Networks ...
On May 17, Nordstrom (JWN) reported its first-quarter results. Nordstrom’s revenue of $3.56 billion and adjusted EPS of $0.51 beat analysts’ estimate of $3.46 billion and $0.43, respectively. However, muted comps growth sent investors into a tizzy. The company reported 0.6% growth in its comps on a YoY basis, which sent the stock down ~7% in after-hours trading.
The excuse looks even worse when a competing retailer says chilly temperatures didn’t affect its strong results. The company blamed the missed expectations on cold temperatures that hit much of the U.S. in early April. Sales in February and March, as well as the last two weeks of April, were stronger, Penney noted.
Moody's Investors Service, ("Moody's") has affirmed the ratings on fourteen classes in WFRBS Commercial Mortgage Trust 2012-C8, Commercial Mortgage Pass-Through Certificates, Series 2012-C8, ...
J.C. Penney blamed weak clothing sales on bad spring weather and said it would offer more plus-size fashions to try to boost sales. Penney said the cool weather hurt sales of its kids and women's clothing. It recently hired former basketball player Shaquille O'Neal to hawk its bigger sizes in commercials and plans to launch a fashion brand under O'Neal's name.
Wall Street ended a choppy trading session lower on Thursday, as investors grappled with escalating trade tensions and rising oil prices. Comments by U.S. President Donald Trump that China "has become very spoiled on trade," cast doubt on his efforts to avoid a tariff war between the world's two largest economies, increasing investor jitters at the outset of a second round of high-level negotiations. "I think this trade mess is certainly affecting the mood," said Jim Bell, president chief investment officer Bell Investment Advisors in Oakland, California.