A Look Ahead For 2 Stocks: Nordstrom, Inc. (JWN), Umpqua Holdings Corporation (UMPQ)

Shares of Nordstrom, Inc. (NYSE:JWN) opened at $53.15, and ended -2.72% lower at $51.49. Nearly 2.02 million shares were traded by the close, higher than its average daily volume of 1.96 million shares.

Nordstrom, Inc. (JWN) Analyst Opinion

Nordstrom, Inc. has a consensus hold rating from 21 Wall Street analysts, and the number of shares currently sold short amount to at least 12.55% of shares outstanding. The stock spiked 4.4% last month and is up 8.67 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover JWN having a buy-equivalent rating. Analysts have placed a $50.93 price target on Nordstrom, Inc., suggesting a -1.09% decline from recent close. It’s currently trading about -4.65% below its 52-week high.

Nordstrom, Inc. Earnings Surprise

Nordstrom, Inc. (JWN) surprised the stock market in its last reported earnings when it earned $0.51 a piece versus the consensus-estimated $0.43. Its revenue totaled $3.46 billion down -26.52% from the previous quarter.

Nordstrom, Inc. (NYSE:JWN) Intraday View

This stock (JWN) is ahead of its 52-week low with 36.24%. Its last month’s stock price volatility remained 2.72% which for the week stands at 2.62%. The share price has moved forward from its 20 days moving average, trading at a distance of 3.49% and stays 4.76% away from its 50 days moving average. Over the last five days, shares have faced -0.68% losses and now is up 9.45% since hitting its 200-day moving average of $48.87. Nordstrom, Inc. (JWN) has made its way to a 12-month gain of 11.02%.

Turning to Umpqua Holdings Corporation (NASDAQ:UMPQ), its shares were trading at $24.26 a gain of $0.09, on the trading floor. The stock, after opening at $24.16, touched a high of $24.59 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.6. Umpqua Holdings Corporation has 1 buy ratings, 6 holds and 0 sells even after the stock tumbled -2.53% from its high of $24.89 to a $5.35 billion market value through last close.

Umpqua Holdings Corporation (UMPQ) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.58 to 2.58 during a month. Analysts set a 12-month price target of $25 a share. The target implies a 3.05% spike from where the shares are currently trading. Also, the current price highlights a discount of 11.29% to analysts’ high consensus price target.

Umpqua Holdings Corporation (NASDAQ:UMPQ) Intraday Trading

The counter witnessed a trading volume of 1.67 million shares versus an average volume of 1.82 million shares during last trading session. Its last month’s stock price volatility remained 1.99% which for the week approaches 1.77%. The lowest price the stock reached in the last trading day was $23.9838 and compares with the $16.77 52-week low. The stock recovered 44.66% since its low point and has performed 16.63% year-to-date.

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