Nordstrom, Inc. (JWN) Analysts See $1.20 EPS

February 13, 2018 - By Richard Conner

 Nordstrom, Inc. (JWN) Analysts See $1.20 EPS
Investors sentiment increased to 1.14 in Q3 2017. Its up 0.30, from 0.84 in 2017Q2. It is positive, as 47 investors sold Nordstrom, Inc. shares while 144 reduced holdings. 70 funds opened positions while 148 raised stakes. 88.99 million shares or 3.77% less from 92.48 million shares in 2017Q2 were reported.
Amp Invsts Limited has 36,116 shares for 0.01% of their portfolio. Bridgeway Mngmt invested in 0.06% or 117,100 shares. Windward Management Com Ca holds 19,442 shares. Us Bankshares De owns 72,601 shares or 0.01% of their US portfolio. Aristotle Mngmt Lc holds 25,133 shares. Gsa Partners Ltd Liability Partnership accumulated 7,370 shares. First Advisors Lp owns 91,164 shares. Boston Private Wealth Ltd Liability Com reported 8,541 shares. Patten & Patten Tn accumulated 9,325 shares. 129,015 are owned by Monarch Prns Asset Mgmt Limited Com. Perkins Coie Tru has 0.04% invested in Nordstrom, Inc. (NYSE:JWN). 92 were accumulated by Cls Investments Ltd Liability. Goldman Sachs Group Inc, New York-based fund reported 1.02 million shares. Tci Wealth owns 20 shares. Ftb Advsrs holds 0% or 463 shares in its portfolio.

Analysts expect Nordstrom, Inc. (NYSE:JWN) to report $1.20 EPS on February, 22.They anticipate $0.17 EPS change or 12.41 % from last quarter’s $1.37 EPS. JWN’s profit would be $199.90M giving it 10.24 P/E if the $1.20 EPS is correct. After having $0.67 EPS previously, Nordstrom, Inc.’s analysts see 79.10 % EPS growth. The stock increased 1.65% or $0.8 during the last trading session, reaching $49.17. About 1.00 million shares traded. Nordstrom, Inc. (NYSE:JWN) has risen 9.86% since February 14, 2017 and is uptrending. It has underperformed by 6.84% the S&P500.

Nordstrom, Inc. (NYSE:JWN) Ratings Coverage

Among 31 analysts covering Nordstrom Inc. (NYSE:JWN), 7 have Buy rating, 6 Sell and 18 Hold. Therefore 23% are positive. Nordstrom Inc. had 110 analyst reports since August 14, 2015 according to SRatingsIntel. JP Morgan maintained Nordstrom, Inc. (NYSE:JWN) rating on Friday, April 8. JP Morgan has “Neutral” rating and $47 target. The firm earned “Buy” rating on Monday, August 17 by Deutsche Bank. The firm has “Neutral” rating given on Friday, April 29 by Cleveland. The company was downgraded on Thursday, January 7 by Morgan Stanley. Citigroup maintained the shares of JWN in report on Friday, August 12 with “Neutral” rating. The stock has “Neutral” rating by Piper Jaffray on Monday, March 21. The company was maintained on Friday, November 10 by UBS. RBC Capital Markets maintained it with “Outperform” rating and $47 target in Monday, February 27 report. The firm has “Neutral” rating by Goldman Sachs given on Friday, October 23. Stifel Nicolaus maintained the shares of JWN in report on Friday, November 13 with “Buy” rating.

Nordstrom, Inc., a fashion specialty retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the United States and Canada. The company has market cap of $8.19 billion. It operates through two divisions, Retail and Credit. It has a 17.15 P/E ratio. 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.

More notable recent Nordstrom, Inc. (NYSE:JWN) news were published by: Seekingalpha.com which released: “Nordstrom Needs A Breather” on January 30, 2018, also Seekingalpha.com with their article: “Nordstrom: Buyout Premium Is Not In The Stock Yet” published on January 17, 2018, Seekingalpha.com published: “Nordstrom: Is It Getting Too Pricey?” on January 19, 2018. More interesting news about Nordstrom, Inc. (NYSE:JWN) were released by: Marketwatch.com and their article: “Amazon’s new denim brands could hit Gap, Nordstrom, VFC Corp.” published on February 08, 2018 as well as Prnewswire.com‘s news article titled: “Nordstrom Announces Relocation Of Oak Park Mall Store To Country Club Plaza” with publication date: February 02, 2018.

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