Macy’s Inc (NYSE:M) touched its 52-Week High on Mar 18, 2016


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).

Insider Trades:

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.

Upgrades/Downgrades Report:

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.