Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $57.78, above its previous 52-week high of $57.75 with 1.3 million shares traded as of 1:35 p.m. ET. Average volume has been 2.4 million shares over the past 30 days.
Nordstrom has a market cap of $11.53 billion and is part of the
industry. Shares are up 15.2% year to date as of the close of trading on Tuesday.
Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It operates in two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise. The company has a P/E ratio of 18, above the average retail industry P/E ratio of 17.4 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Nordstrom as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
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