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Macy's (M)
NYSE:M
Holding M?
Track your performance easily
M Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.06 - $22.10
Previous Close$15.14
Volume7.08M
Average Volume (3M)5.48M
Market Cap
$4.20B
Enterprise Value$6.55B
Total Cash (Recent Filing)$646.00M
Total Debt (Recent Filing)$3.00B
Price to Earnings (P/E)23.3
Beta1.41
Next Earnings
Nov 26, 2024EPS Estimate
-$0.01Next Dividend Ex-Date
Dec 13, 2024Dividend Yield4.5%
Share Statistics
EPS (TTM)0.65
Shares Outstanding277,373,416
10 Day Avg. Volume5,653,036
30 Day Avg. Volume5,482,846
Standard Deviation0.18
R-Squared0.39
Alpha-0.00533
Financial Highlights & Ratios
Price to Book (P/B)0.98
Price to Sales (P/S)0.18
Price to Cash Flow (P/CF)132.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.28
Enterprise Value/Gross Profit0.67
Enterprise Value/Ebitda6.31
Forecast
1Y Price Target
$17.63Price Target Upside21.09% Upside
Rating ConsensusHold
Number of Analyst Covering9
Macy's News
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthThe company has a clean balance sheet with a low debt to EBITDA ratio, which positions it well for future growth.
Gross Margin ImprovementManagement is focusing on additional drivers of gross margin expansion, including improving the quality of inventory and private label offerings.
Store ExpansionThe expansion of 'First 50' Pilot stores is expected to grow to 50-100 incremental stores, driving positive same-store sales.
Bears Say
Financial Guidance And PerformanceFull year guidance has been lowered for the second half, indicating a lack of confidence in a near-term recovery.
Strategy And LeadershipHealthy market skepticism on strategy execution given new leadership.
Traffic And Sales PerformanceTraffic to Macy’s stores decelerated slightly in 3Q24 to -3.2% from -2.4% in 2Q24.
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Ownership Overview
0.68% Insiders
22.75% Mutual Funds
― Other Institutional Investors
50.67% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Macy's
Desktop Users
Mobile Users
M FAQ
What was Macy's’s price range in the past 12 months?
Macy's lowest stock price was $14.06 and its highest was $22.10 in the past 12 months.
What is Macy's’s market cap?
Currently, no data Available
When is Macy's’s upcoming earnings report date?
Macy's’s upcoming earnings report date is Nov 26, 2024 which is in 5 days.
How were Macy's’s earnings last quarter?
Macy's released its earnings results on Aug 21, 2024. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.322 by $0.208.
Is Macy's overvalued?
According to Wall Street analysts Macy's’s price is currently Undervalued.
Does Macy's pay dividends?
Macy's pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 4.5%. See more information on Macy's dividends here
What is Macy's’s EPS estimate?
Macy's’s EPS estimate is -$0.01.
How many shares outstanding does Macy's have?
Macy's has 277,373,400 shares outstanding.
What happened to Macy's’s price movement after its last earnings report?
Macy's reported an EPS of $0.53 in its last earnings report, beating expectations of $0.322. Following the earnings report the stock price went down -12.892%.
Which hedge fund is a major shareholder of Macy's?
Among the largest hedge funds holding Macy's’s share is Royce & Associates LLC. It holds Macy's’s shares valued at 22M.
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Macy's Stock Smart Score
Unlock Smart Score
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$17.63 (21.09% Upside)
$17.63 (21.09% Upside)
Blogger Sentiment
Bullish
M Sentiment 77%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 242.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $191.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.90%
12-Months-Change
Fundamentals
Return on Equity
4.32%
Trailing 12-Months
Asset Growth
-2.89%
Trailing 12-Months
Company Description
Macy's
Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. Its brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in Cincinnati, OH.
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M Company Deck
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M Earnings Call
Q2 2024
0:00 / 0:00
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M Stock 12 Month Forecast
Average Price Target
$17.63
▲(21.09% Upside)
Technical Analysis
Best Analysts Covering M
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+3.71%
reiterated a buy rating 3 days ago
Copying Matthew Boss's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +3.71% per trade.
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