Nordstrom, Inc. (JWN Quick QuoteJWN - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $46.64 to $51.50 in the past one-month time frame.

The stock was driven after Nordstrom’s family has been finalizing plans to take the company private, per sources.

The company has not seen any estimate revisions in the past one month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Nordstrom currently has a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

Investors interested in the Retail - Apparel and Shoes industry may consider The Buckle, Inc. (BKE Quick QuoteBKE - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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