|Bid||46.65 x 100|
|Ask||47.57 x 200|
|Day's Range||46.83 - 48.12|
|52 Week Range||37.79 - 54.00|
|PE Ratio (TTM)||18.10|
|Forward Dividend & Yield||1.48 (3.16%)|
|1y Target Est||N/A|
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.
Of the 23 analysts covering Nordstrom (JWN) stock on March 21, three (13%) recommended “buy,” 18 (78%) recommended “hold,” and two recommended “sell.” On March 13, Credit Suisse initiated coverage of Nordstrom stock with a “neutral” rating and a price target of $54. In the previous part of this series, we mentioned that Nordstrom has called off talks with the Nordstrom family regarding the proposal to go private. Following this announcement on March 20, there have been some revisions to the company’s price target.
Nordstrom (JWN) stock fell 3.3% on March 21 in reaction to the news that the special committee of the company’s board of directors had terminated discussions with the Nordstrom family on the proposal to go private. The Nordstrom family comprises Nordstrom’s co-presidents, Blake W. Nordstrom, Peter E. Nordstrom, and Erik B. Nordstrom, president of stores James F. Nordstrom, chairman emeritus Bruce A. Nordstrom, and Anne E. Gittinger.
This post is brought to you by Finbox.io . Sign up for your completely FREE trial today! Nordstrom, Inc. (NYSE: JWN) trades at a P/E multiple of 16.9x, which is lower than the Consumer Discretionary sector median of 19.3x. While this makes JWN appear ...
A special committee of Nordstrom's independent directors has ended talks with the founding family over a potential deal to take the company private.
Stocks that moved substantially or traded heavily Wednesday: General Mills Inc., down $4.42 to $45.51 The Cheerios maker cut its profit forecast after it reported rising costs in the third quarter. MuleSoft ...
Nordstrom is the latest retailer trying to fill in its digital gaps through acquisitions, in this case two startups, BevyUp and MessageYes. But experts wonder if a retail company has the wherewithal to manage tech innovation in this way.
Nordstrom, Inc. (NYSE: JWN ) announced its special committee ended discussions with the Nordstrom family attempt to take the company private , citing a lack of agreement on price. The Analyst Credit Suisse ...
Offering highly sought-after shoes from Nike and Adidas, Nordstrom looks to tap into the mainstreaming of sneakerculture.
Nordstrom (JWN) ends 'going private' talks with Nordstrom family as an appropriate offer couldn't be reached. Its customer strategy positions it for growth.
Shares of Nordstrom (JWN) are falling on Wednesday, after the Special Committee of board members ended discussions with the Nordstrom family about potentially taking the company private. Earlier this month, the stock fell after it received and rejected a $50 per share buyout offer from the Nordstrom family. Susquehanna's Bill Dreher isn't surprised that the stock's lower this morning on the news, as speculative investors abandon the stock now that a deal appears off the table.