Macy’s Inc (NYSE:M) has a 1 Year Target Estimate of $42.15. The stock traded with the volume of 6.95 Million in the last trading session. Macy’s Inc opened at $42.39 and closed by showing a decrease of -0.68%. The Bid price in the last session was $41.75 x 500 and the Ask price was $41.99 x 300. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).
Macy’s Inc has the Market Capitalization of 12.9 Billion. The Stock has its 52-week High of $45.5 and 52-Week Low of $29.94 and it touched its 52-week high on Mar 18, 2016 and 52-Week Low on May 18, 2016.
Macy’s Inc reported its last Earnings on Nov 10 BMO where the company reported Actual EPS of $0.17/Share whereas, the Analyst Estimated EPS was $0.41/share. The difference between Actual EPS and Estimated EPS was $-0.24/share. This represented an Earnings Surprise of -58.5%. The company will report its next earnings on Feb 21 – Feb 27 (Est.).
20 number of analysts also provided their insight on Macy’s Inc, where the Average Price Target for the stock is $42.15. They also projected Low Price Target as $37 while High Price Target is set at $51.
A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 2 reported it as Buy.18 analysts assigned a HOLD rating, 0 said it’s UNDERPERFORM and 0 say that this stock is a SELL.
Macy’s Inc annual Divided is 1.51 while it’s Dividend Yield is 3.58%. The stock has its Price to Earnings (P/E) ratio of 19.3 and Forward Price to Earnings ratio of 11.83. The company has its Price to Sales (P/S) ratio of 0.5 where Price to Book (P/B) ratio of 3.43, Price to Cash Per share (P/C) of 28.48 and Price to Free Cash Flow (P/FCF) has a value of 21.55.
The company has its Return on Assets (ROA) of 3.4 Percent. Return on Equity (ROE) stands at 17% and Return on Investment (ROI) displays a value of 12%.
The stock is currently trading at Distance from 20-Day simple moving Average of 3.36% whereas, Distance from 50-Day Simple moving average is 10.63 Percent and Distance from 200-Day Simple Moving Average of 13.44 percent.
A look at performance overview of Macy’s Inc depicts that Performance (Week) is -5.08 percent while Performance Month is 15.65%. Quarterly performance shows a value of 17.89% and Half Year Performance value stands at 25.6%. Yearly performance of the stock has the value of 11.66 percent. Macy’s Inc has its YTD performance of 24.35 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).
Many Insiders have done trades inside the company. The latest trade was made on 22 Mar 2016 where Chief Executive Officer Lundgren (Terry J) did a transaction type “Buy” in which 177352 shares were traded at a price of $36.26. Another insider trade includes Chief Executive Officer Lundgren (Terry J) who also initiated a transaction in which 177352 shares were traded on 22 Mar 2016 as “Sell”. On 20 Mar 2016 Officer Belsky Joel A traded 3599 shares as “Buy” at $0. Officer Langenstein (Molly) Sell 1779 shares on 20 Mar 2016 at the price of $44.55.
The latest Upgrades/Downgrades was done by Research firm Deutsche Bank on 31-Oct-16 who Upgrade the stock from Hold to Buy. Other firms have also Upgraded/Downgraded the stock. On 30-Sep-16, Guggenheim took an action “Initiated” to Buy. On 28-Sep-16, the stock was Downgrade to Neutral by Credit Suisse.