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NORDSTROM INC.NORDSTROM INC.NORDSTROM INC.

NORDSTROM INC.

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Nordstrom Bullish post earnings Entry level $ 39.00 = Target price $155.50 = Stop loss $139.75 P/e ratio 11, well valued. Short interest very high at 30%, but for how long? Earnings Highhlights Nordstrom (NYSE:JWN) reports full-price sales fell 4.1% in Q3 and off-price sales rose 1.2%. Digital sales rose 7% during the quarter and as a percentage of total sales accounted for 34%. Gross margin came in at 34.3% of sales vs. 34.0% consensus and 33.3% a year ago. Management update: "Our third quarter earnings exceeded expectations, demonstrating substantial progress in the delivery of our strategy and strength of our operating discipline. Through our customer focus, we drove broad-based improvement in top-line trends. The consistent strength of our inventory and expense execution contributed to increased profitability for the quarter." Looking ahead, Nordstrom anticipates full-year revenue to fall 2% and EPS of $3.25 to $3.30 vs. $3.26 consensus and $3.25 to $3.50 prior outlook. Shares of Nordstrom are up 5.54% in AH trading to $36.20. Nordstrom EPS beats by $0.16, beats on revenue (Nov. 21) Seeking Alpha Company profile Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes and accessories. It operates through the following business segments: Retail, Credit and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers. The Corporate/Other segment includes sales return reserve, expenses, and assets. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.
NYSE:JWNLong
by Bullishcharts
1
Nordstrom Inc is in a tailspin.There is a sizeable move coming in Nordstrom stock and it is imperative for investor confidence that it is a positive one. The indicators have gained some strength lately and a break of the RSI resistance would be very encouraging. It is noteworthy that the stock has had great difficulty crossing above the MA;s which are currently pinning the price down against the middle Bollinger Band, they next few days will define the direction of the stock for weeks to come. AVERAGE ANALYSTS PRICE TARGET $38 AVERAGE RECOMMENDATION HOLD P/E RATIO 10 SHORT INTEREST 21% COMPANY PROFILE Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes and accessories. It operates through the following business segments: Retail, Credit and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers. The Corporate/Other segment includes sales return reserve, expenses, and assets. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.
NYSE:JWN
by RedHotStocks
Are We Going To Bounce Big Again?Nordstrom has had a strong bounce about here in the past, although currently it is seen as a strong sell by most given the strong downtrend; but, It's definitely worth watching given the current technicals....PLUS their Earnings Report is expected tonight after hours. "If" they do well it could be big....you have an hour to find out all you can before the closing bell! This is not financial advice, it is just another thing I bumped into in my daily search for another trade. I am currently looking into this with some consideration and the days end is near so I thought I would share
NYSE:JWN
by Ron-V
4
$JMN Sorry but it just looks terrible for Nordstrom If we needed any more reason to stay clear of NYSE:JWN , today's results from NYSE:KSS have rubber stamped the short thesis on the stock. The stock has acted terribly for the past few months, indeed years and selling has really ramped up into earnings which is a alarming pattern. We can not find anything positive to cling onto and if $36 fails to hold a real capitulation will follow as there is no historical support below. AVERAGE PRICE TARGET $ 46 AVERAGE RECOMMENDATION HOLD NORDSTROM INC. Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes and accessories. It operates through the following business segments: Retail, Credit and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers. The Corporate/Other segment includes sales return reserve, expenses, and assets.
NYSE:JWNShort
by RedHotStocks
Norsdstrom ABC expanded flat correction in the makingNYSE:JWN WHY - bullish bar piercing through strong support level and converging 25 and 50 MAs that are converging and trending above 200MA - price retracing correctively to 50 strong support level on 1H - the M chart shows classical ABC expanded flat correction in the making HOW I am already holding some JWN stock and will now buy call options with 52.5 strike while the whole C wave can take months to play out, technical analysis above suggests that the price should start trending up soon making it high confidence trade worth 5% of risk DURATION - allocate 3% to buy call 52.5 options with expiration on April 20 - allocate 2% to add stocks and move SL of the existing trade (which is already in the money) to 47.4 - target 100% of the A (65) with the stock trade by August ENTRY - with stocks it is good to enter now - with options I shall wait price retracing to 50 in a coming trading session, watching 1H
NYSE:JWNLong
by Fomenka