Washington-based Nordstrom Inc.'s stock finished Monday's session 1.17% higher at $57.20 with a total trading volume of 2.70 million shares. The Company's shares have advanced 14.65% in the past month, 15.09% over the previous three months, and 18.37% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.04% and 18.47%, respectively. Furthermore, shares of Nordstrom, which offers apparel, shoes, cosmetics, and accessories for men, women, and children in the US and Canada, have a Relative Strength Index (RSI) of 57.58.
On November 11th, 2016, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $53 a share to $60 a share.
On December 1st, 2016, Nordstrom announced plans to open Nordstrom Rack at Chimney Rock Crossing in Bridgewater, New Jersey. The approximately 36,000-square-foot store is scheduled to open in 2018. The property is owned by Regency Centers. When the new store opens, it will be the eighth Rack in New Jersey. The free research report on JWN is available at:
Shares in Philadelphia, Pennsylvania-based Urban Outfitters Inc. ended at $33.19, up 4.80% from the last trading session. The stock recorded a trading volume of 5.61 million shares, which was above its three months average volume of 2.63 million shares. The Company's shares have gained 1.84% in the last one month and 45.89% since the start of this year. The stock is trading 5.01% above its 200-day moving average. Moreover, shares of Urban Outfitters, which engages in the retail and wholesale of general consumer products, have an RSI of 43.64.
On November 22nd, 2016, Urban Outfitters announced net income of $47 million for Q3 FY17. Earnings per diluted share were $0.40 for Q3 FY17 and the total net sales for Q3 FY17 increased 5% over Q3 FY16 to a record $862 million.
On November 23rd, 2016, research firm Wunderlich downgraded the Company's stock rating from 'Buy' to 'Hold'. The complimentary report on URBN can be downloaded at:
Dublin, California headquartered Ross Stores Inc.'s stock ended yesterday's session 0.31% lower at $67.15. A total volume of 2.77 million shares was traded, which was higher than their three months average volume of 2.61 million shares. The Company's shares have advanced 9.58% in the past month, 7.01% over the previous three months, and 25.68% on an YTD basis. The stock is trading 4.16% above its 50-day moving average and 12.79% above its 200-day moving average. Additionally, shares of Ross Stores, which together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the US, have an RSI of 58.94.
On November 17th, 2016, Ross Stores reported diluted earnings per share of $0.62 in Q3 2016, compared to $0.53 in Q3 2015. Net earnings grew to $245 million in Q3 2016, up from $216 million in Q3 2015 and sales for Q3 2016 rose 11% to $3.1 billion.
On November 18th, 2016, research firm Wedbush reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $67 a share to $71 a share. Visit us today and download our complete research report on ROST for free at:
At the close on Monday, shares in Columbus, Ohio-based Express Inc. recorded a trading volume of 3.58 million shares, which was above their three months average volume of 2.35 million shares. The stock finished 3.52% higher at $11.17. The Company's shares are trading below their 50-day moving average by 10.72%. Furthermore, shares of Express, which operates as a specialty apparel and accessories retailer, have an RSI of 33.23.
On December 1st, 2016, Express reported that Q3 2016 net sales decreased 7% to $506.1 million from $546.6 million in Q3 2015. The Company's Q3 2016 net income was $11.6 million, or $0.15 per diluted share, compared to net income of $26.3 million, or $0.31 per diluted share, in Q3 2015.
On December 2nd, 2016, research firm Mizuho reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $14 a share to $13 a share. Get free access to your technical report on EXPR at:
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