Breaking The Old 52 Week Low, Nordstrom, Inc. (NYSE:JWN) Finishing At $43.76

JWN
JWN

Nordstrom, Inc. (NYSE:JWN)

March 21st, 2019

With markets going up Nordstrom, Inc. went up $0.31 Thursday, a 0.71% jump, closing at $43.76. Despite ending the day higher, Nordstrom, Inc. hit a new 52 week low of $42.54, breaking the previous low of $43.04 from earlier this November.

JWN was outperformed by the rest of the Consumer Discretionary sector which went up 1.32%.

Nordstrom, Inc. is listed on the S&P 500 index, and was one of 437 stocks that increased today. Weighted by market cap, JWN represents about 0.03% of the S&P 500.

Results from 15 analysts indicates that Nordstrom, Inc. might grow quite a bit (16.09%), while Finbox has calculated (with medium uncertainty) a fair value price of $52.11.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending up. Information Technology saw the biggest increase of the day (2.47%), while Financials saw the biggest drop (-0.30%). Information Technology has seen the biggest year-to-date gain at 21.08%.

Information Technology saw the biggest turnaround from its 5-day performance of 4.06%, as it went up 2.47%. Financials saw a turn around from its 5-day performance of -1.51% trading down -0.30%.

Sector Breakdown

  • Information Technology went up with a 2.47% change.
  • Real Estate went up with a 1.79% change.
  • Consumer Discretionary went up with a 1.32% change.
  • Consumer Staples went up with a 1.19% change.
  • Utilities went up with a 1.05% change.
  • Materials went up with a 1.04% change.
  • Industrials went up with a 0.95% change.
  • Communication Services went up with a 0.89% change.
  • Energy went up with a 0.69% change.
  • Healthcare went up with a 0.35% change.
  • Financials went down with a -0.30% change.

Nordstrom, Inc. Info

Nordstrom, Inc., a fashion retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the United States and Canada. The company operates in two segments, Retail and Credit. 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. The Credit segment provides access to various payment products and services, including Nordstrom-branded Visa credit cards, a Nordstrom-branded private label credit card, and a debit card. As of October 9, 2018, the company operated 377 stores in 40 states, including 122 full-line stores; 242 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 6 Trunk Club clubhouses; and 2 Nordstrom Local service concepts. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.

All amounts in USD unless otherwise indicated

JWN daily update
JWN daily update

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