Nordstrom, Inc. ($JWN) Cautious Buy or Hold to $55 Confident Investor Rating: Fair
| Company name | Nordstrom, Inc. |
| Stock ticker | JWN |
| Live stock price | [stckqut]JWN[/stckqut] |
| P/E compared to competitors | Fair |
MANAGEMENT EXECUTION
| Employee productivity | Poor |
| Sales growth | Fair |
| EPS growth | Good |
| P/E growth | Poor |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Fair |
| Target stock price (TWCA growth scenario) | $53.54 |
| Target stock price (averages with growth) | $65.29 |
| Target stock price (averages with no growth) | $53.72 |
| Target stock price (manual assumptions) | $54.12 |
The following company description is from Google Finance: http://www.google.com/finance?q=jwn
Nordstrom, Inc. is a fashion specialty retailer, with 225 the United States stores located in 30 states as of March 16, 2012. The Company operates in two segments: Retail and Credit. As of March 16, 2012, the Retail segment includes its 116 Nordstrom branded full-line stores and its online store at www.nordstrom.com, its 105 off-price Nordstrom Rack stores and its other retail channels, including its online private sale subsidiary HauteLook, its two Jeffrey boutiques, one philanthropic treasure&bond store and one clearance store that operates under the name Last Chance. The Company’s Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom VISA credit cards and a debit card.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.