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Macy's, Inc is a department stores business based in the US. Macys shares (M) are listed on the NYSE and all prices are listed in US Dollars. Macys employs 123,000 staff and has a trailing 12-month revenue of around USD$20.8 billion.
Since the stock market crash in March caused by coronavirus, Macys's share price has had significant negative movement.
Its last market close was USD$6.76, which is 58.35% down on its pre-crash value of USD$16.23 and 42.92% up on the lowest point reached during the March crash when the shares fell as low as USD$4.73.
If you had bought USD$1,000 worth of Macys shares at the start of February 2020, those shares would have been worth USD$292.21 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$410.67.
|Latest market close||USD$6.76|
|52-week range||USD$4.38 - USD$18.57|
|50-day moving average||USD$6.8688|
|200-day moving average||USD$6.5676|
|Wall St. target price||USD$6.62|
|Dividend yield||USD$1.51 (26.82%)|
|Earnings per share (TTM)||USD$1.81|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-09-11)||N/A|
|1 month (2020-08-18)||N/A|
|3 months (2020-06-22)||-4.52%|
|6 months (2020-03-20)||12.29%|
|1 year (2019-09-18)||N/A|
|2 years (2018-09-18)||N/A|
|3 years (2017-09-18)||N/A|
|5 years (2015-09-18)||N/A|
Valuing Macys stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Macys's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Macys's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Macys shares trade at around 3x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Macys's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9128. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Macys's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Macys's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$177 million.
The EBITDA is a measure of a Macys's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$20.8 billion|
|Gross profit TTM||USD$10.2 billion|
|Return on assets TTM||-1.69%|
|Return on equity TTM||-84.99%|
|Market capitalisation||USD$2 billion|
TTM: trailing 12 months
There are currently 135.0 million Macys shares held short by investors – that's known as Macys's "short interest". This figure is 0% down from 135.1 million last month.
There are a few different ways that this level of interest in shorting Macys shares can be evaluated.
Macys's "short interest ratio" (SIR) is the quantity of Macys shares currently shorted divided by the average quantity of Macys shares traded daily (recently around 23.9 million). Macys's SIR currently stands at 5.65. In other words for every 100,000 Macys shares traded daily on the market, roughly 5650 shares are currently held short.
However Macys's short interest can also be evaluated against the total number of Macys shares, or, against the total number of tradable Macys shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Macys's short interest could be expressed as 0.44% of the outstanding shares (for every 100,000 Macys shares in existence, roughly 440 shares are currently held short) or 0.4904% of the tradable shares (for every 100,000 tradable Macys shares, roughly 490 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Macys.
Find out more about how you can short Macys stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Macys.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 15.46
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Macys's overall score of 15.46 (as at 08/01/2020) is excellent – landing it in it in the 9th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Macys is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 6.11/100
Macys's environmental score of 6.11 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Macys is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 9.73/100
Macys's social score of 9.73 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Macys is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 7.13/100
Macys's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that Macys is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Macys scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Macys has, for the most part, managed to keep its nose clean.
|Total ESG score||15.46|
|Total ESG percentile||8.66|
|Environmental score percentile||4|
|Social score percentile||4|
|Governance score percentile||4|
|Level of controversy||2|
Dividend payout ratio: 83.43% of net profits
Recently Macys has paid out, on average, around 83.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 26.82% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Macys shareholders could enjoy a 26.82% return on their shares, in the form of dividend payments. In Macys's case, that would currently equate to about $1.51 per share.
Macys's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Macys's most recent dividend payout was on 1 April 2020. The latest dividend was paid out to all shareholders who bought their shares by 12 March 2020 (the "ex-dividend date").
Macys's shares were split on a 2:1 basis on 12 June 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Macys shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Macys shares which in turn could have impacted Macys's share price.
Over the last 12 months, Macys's shares have ranged in value from as little as $4.38 up to $18.57. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Macys's is 1.5641. This would suggest that Macys's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Macy's, Inc., an omnichannel retail organization, operates stores, websites, and mobile applications under the Macy's, Bloomingdale's, and bluemercury brands. It sells a range of merchandise, including apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods. As of February 1, 2020, the company operated 775 store locations in 43 states, the District of Columbia, Puerto Rico, and Guam. It also operates in Dubai, the United Arab Emirates and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.
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