Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis (2024)

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Macy's, Inc. (M) Stock Price, Quote & News - Stock Analysis? ›

One company to watch right now is Macy's (M). M is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 6.85 right now. For comparison, its industry sports an average P/E of 11.26.

One company to watch right now is Macy's (M). M is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 6.85 right now. For comparison, its industry sports an average P/E of 11.26.

The average price target is $19.44 with a high forecast of $22.49 and a low forecast of $10.00.

Is Macy's stock a Buy, Sell or Hold? Macy's stock has received a consensus rating of buy. The average rating score is and is based on 23 buy ratings, 20 hold ratings, and 6 sell ratings.

Macy's has a total shareholder equity of $4.1B and total debt of $3.0B, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are $16.2B and $12.1B respectively. Macy's's EBIT is $1.3B making its interest coverage ratio 10. It has cash and short-term investments of $1.0B.

Vanguard owns the most shares of Macy's (M).

Berkshire Hathaway is the most expensive stock listed on U.S. exchanges.

Macy's, Inc.

may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of M, demonstrate its potential to outperform the market. It currently has a Growth Score of A.

According to the issued ratings of 9 analysts in the last year, the consensus rating for Macy's stock is Hold based on the current 2 sell ratings, 5 hold ratings and 2 buy ratings for M. The average twelve-month price prediction for Macy's is $17.45 with a high price target of $25.00 and a low price target of $10.00.

Macy's has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 5 hold ratings, and 2 sell ratings.

What does an M mean in stocks? ›

Double tops and bottoms are important technical analysis patterns used by traders. A double top has an 'M' shape and indicates a bearish reversal in trend. A double bottom has a 'W' shape and is a signal for a bullish price movement.

What we do know for sure is that at some point in the future, stock indices will be higher. So, whatever your circ*mstances and even at the scary sounding 5k level, the time to start investing is now.

Liquidity and Debt Structure

Strong Liquidity; No Near-Term Maturities: Macy's ended 2023 with a cash balance of approximately $1 billion and no borrowings under its $3.0 billion secured ABL facility maturing in March 2027 (with availability subject to a borrowing base net of LOCs).

Macy's's operated at median total debt of 6.723 billion from fiscal years ending February 2020 to 2024.

Total debt on the balance sheet as of January 2024 : $5.98 B

According to Macy's 's latest financial reports the company's total debt is $5.98 B. A company's total debt is the sum of all current and non-current debts.

Macy's, Inc.'s ( M ) dividend yield is 3.63%, which means that for every $100 invested in the company's stock, investors would receive $3.63 in dividends per year. Macy's, Inc.'s payout ratio is 172.38% which means that 172.38% of the company's earnings are paid out as dividends.

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