|Bid||33.40 x 800|
|Ask||33.65 x 1800|
|Day's Range||33.25 - 34.02|
|52 Week Range||33.25 - 67.75|
|Beta (3Y Monthly)||0.28|
|PE Ratio (TTM)||10.86|
|Earnings Date||Aug 14, 2019 - Aug 19, 2019|
|Forward Dividend & Yield||1.48 (3.61%)|
|1y Target Est||47.81|
The earnings season for retail was a mixed bag, but as consumers hit the stores for Memorial Day sales, Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments says they remain bullish on consumers and their buying power. She spoke with Yahoo Finance’s Alexis Christoforous and Brian Sozzi.
Retailers continue to report first-quarter earnings, with 43 retailers so far mentioning tariffs during their Q1 earnings calls. Meanwhile, most of the big-name department stores registered negative same store sales, with the exception of Macy's and Dillard's. Jharonne Martis, Director of Consumer Research at Refinitiv, joins the Final Round to discuss
Best Buy and L Brands both reporting solid numbers and same-store sales beating estimates. This comes as tariffs weigh on big retails like Best Buy as they await how it'll impact their prices and the wider retail sector. Mary Epner, Principal at Mary Epner Retail Analysis joins Yahoo Finance's Seana Smith.
Business Journal Managing Editor Rob Johnson takes readers through a recap of Seattle business news. We call it Business Journal Untucked.
Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included aerospace and automotive giants. Bearish calls included retailers and an EV maker. The markets ...
Nordstrom Continued to Decline after Unimpressive Q1 Results(Continued from Prior Part)Lower revenueNordstrom (JWN) revenue (retail sales plus credit card revenue) fell 3.3% to $3.44 billion in the first quarter of fiscal 2019, which ended on May 4.
Nordstrom Continued to Decline after Unimpressive Q1 ResultsStock in the redNordstrom (JWN) stock has fallen 27.5% on a YTD basis as of May 23. The upscale department store announced unimpressive results for the first quarter of fiscal 2019 after
The Fed has blamed low inflation on "transient" declines in clothing prices, but the underlying story is complicated by longer-term trends, seasonality, and the way apparel prices are collected.
Nordstrom, Inc. announced today that its board of directors approved a quarterly dividend of 37 cents per share payable on June 18, 2019, to shareholders of record at the close of business on June 3, 2019.
One of the best tools for winning in retail in 2019 is a good omnichannel strategy. But nothing can save you if you’re selling fashion that isn’t to customers’ tastes.
Let's see if investors should buy Lululemon stock heading into its first-quarter fiscal 2019 earnings results?
The bears pushed back, again, lengthening what has become some very indecisive action for stocks. The S&P 500's modest 0.28% slide wasn't terrifying, but it did represent another failed effort to crawl back above its key 50-day moving average line.Source: Allan Ajifo via Wikimedia (Modified)Qualcomm (NASDAQ:QCOM) led the way, tumbling almost 11% in response to reports that it has been found in violation of U.S. antitrust laws. Sprint (NYSE:S) wasn't far behind though, with its 7.6% setback after the Department of Justice recommended its impending merger with T-Mobile (NASDAQ:TMUS) be blocked.While not nearly as many, there were a handful of winners on Wednesday. Chief among them was Target (NYSE:TGT). Shares of the retailer rallied almost 8% yesterday on the heels of an encouraging Q1 print.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Names That Are Screaming Stocks to Buy None of those names are especially compelling trading prospects headed into today's session, however. Rather, it's the stock charts of Cadence Design Systems (NASDAQ:CDNS), Nordstrom (NYSE:JWN) and Under Armour (NYSE:UAA) that are worth the closer looks. Under Armour (UAA)Athletic apparel company Under Armour is a well-known brand, but years of expensive decisions caught up with the company in 2016. Nervous investors finally expressed their concern with a steep selloff.Under Armour finally started to work on its issues in 2017, and investors responded accordingly. That is, UAA stock began to rise again. A technical ceiling has taken shape in the meantime though, and while it's a clear problem, it's also a clear potential catalyst if it can be hurdled. And, the stock is catching a pretty healthy tailwind. Click to Enlarge * The technical ceiling in question is around $24.60, near where UAA has topped out several times since the middle of last year. That line is plotted in blue on both stock charts. * Although it hasn't been able to break above $24.60 yet, UAA has left behind a trail of higher lows. The most recent low was made by a push up and off the white 200-day moving average line, highlighted on the daily chart. * The tide is bullish, but there's a gap from last week that needs to be filled, and for Under Armour shares, volatility is the norm. Any breakout may not take shape straightaway. Cadence Design Systems (CDNS)Monday's tumble from Cadence Design Systems shares could have been chalked up as an effort to close the bullish gap left behind in April. Generally speaking, the market doesn't like to leave gaps unfilled. That selloff was a good start to that effort, even if it didn't actually touch that all-important April 22 low of $64.27.The gap still hasn't been filled either, as CDNS bounced a bit on Tuesday, and Wednesday's lull wasn't terribly devastating. The tendency to fill in gaps, however, may have done some other technical damage to Cadence Design Systems that will lead to more downside anyway. * The 7 Best Penny Stocks to Buy Click to Enlarge * The chief damage done is the move below the 50-day moving average line, plotted in purple on both stock charts. That line appears to be something of a technical ceiling now. * Underscoring the way the tide has turned is the volume surges behind Monday's and Wednesday's selloffs. * Zooming out to the weekly chart it's easy to see just how overbought CDNS was as of last month, and how vulnerable it was and still is to profit-taking. Shares rallied 70% from their December low to their early May high. Nordstrom (JWN)At first glance, Wednesday's big stumble from Nordstrom would be alarming. It has been one of the bigger victims of the so-called retail apocalypse, and shares have been underperforming for years. A disappointing Q1 only underscores that worry.Yet, a closer look at yesterday's 9.2% setback -- and the lead into it -- suggests that sharp loss may actually be something of a capitulation that ultimately turns into a buying opportunity. Click to Enlarge * Wednesday's bar was a doji, where the open and close are in the middle of the bar. This indicates that an equilibrium between the buyers and the sellers was met. The volume spike yesterday is also something often seen at key pivot points. * On the weekly chart, we can see JWN hit a new multi-year low, falling under 2016's low of just under $35. In many cases, traders are waiting to see prior lows met or exceeded before stepping back in. * Also on the weekly chart, it's clear that the RSI line doesn't stay in an oversold state for very long.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post 3 Big Stock Charts for Thursday: Nordstrom, Cadence Design Systems and Under Armour appeared first on InvestorPlace.
Given the widespread uncertainty over the future course of the equity market, investing in stocks unperturbed by market gyrations is the need of the hour.
Blake Nordstrom received the Puget Sound Business Journals's first Humanitarian Award for Corporate Giving for his life-long dedication to philanthropic efforts in the community.
Let's see if investors should buy Costco (COST) stock ahead of its quarterly earnings release on Thursday, May 30 after Walmart and Target impressed?
U.S. stocks finish lower Wednesday as lingering trade woes overshadow the release of the minutes from the Federal Reserve’s policy meeting that was largely interpreted as accommodative.
Wall Street's major indexes dipped on Wednesday as inflamed trade tensions between the United States and China weighed on investor sentiment. A day after Washington's temporary easing of curbs against Huawei Technology Co Ltd provided respite to U.S. stocks, reports that the White House could impose restrictions on another Chinese technology company rattled U.S. stocks anew. Fears that tit-for-tat tariffs and other retaliatory actions by the United States and China will hamper global growth have kept investors on edge, putting the S&P 500 on track to post its first monthly decline since the December sell-off.