In the most recent session, Alphabet Inc (NASDAQ:GOOGL) shares have traded +3.71%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $66.30 away from the 50-day moving average of $858.22 and $97.97 away from the 200-day moving average of $826.55. From a different angle, the stock has been recently recorded -1.22% off of the 52-week high of 935.90 and +37.44% removed from the 52-week low of 672.66.
Currently, Alphabet Inc. has a price to earnings ratio of 33.16. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 1.41.
Price Target Update
Analysts polled by Thomson Reuters have set a consensus target price of $983.65 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.
For the current quarter, analysts are expecting Nordstrom, Inc. (NYSE:JWN) to report EPS of $0.27. This consensus estimate is provided by Zacks Research. After the period that ended on 2017-01-31, Nordstrom, Inc. (NYSE:JWN) reported an EPS actual of $1.37. The difference between the actual and estimate resulted in a surprise factor of 21.24%. The company is expected to release their next earnings report on or around 2017-05-11. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.
Shares of Nordstrom, Inc. (NYSE:JWN) have a current ABR or average broker rating of 2.89. This consensus recommendation is also provided by Zacks Research. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock.
Covering analysts often provide target price projections for company shares. The current Zacks consensus target price on shares of Nordstrom, Inc. (NYSE:JWN) is $47.75. The top analyst target is $68, and the lowest target is $38 on the stock. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another.