Analyst Predicts Macy’s Could Reach $25/Share in Takeover
December 13, 2023
🌥️Trending News
Macy’s ($NYSE:M), one of the most iconic American department stores, is currently the subject of takeover speculation. An analyst has recently suggested that Macy’s could be worth up to $25 a share in the event of a takeover. Macy’s has long been a staple of the American retail landscape and is currently one of the largest department store chains in the country. Despite its long history and expansive offerings, Macy’s has recently faced declining sales numbers due to increased competition from online retailers.
The news of a possible takeover has caused renewed interest in Macy’s stock, as investors are eager to see if the company can reach its speculated value of $25 per share. The analyst’s prediction could lead to a bidding war among potential buyers, which could drive up Macy’s stock price even further. While it is too soon to tell how the situation will unfold, it is certainly an exciting development for those invested in Macy’s.
Share Price
On Monday, analyst predictions for Macy’s stock came true as the company’s shares reached an all-time high of $20.8. This was a 19.4% increase from the previous close of $17.4, and showed a potential for further growth of up to $25/share in the event of a takeover. With the uncertainty of the post-pandemic economic landscape still looming, this significant increase in stock price is a positive signal for Macy’s future performance. With analysts predicting a potential takeover at such a high price, Macy’s has proven to be a resilient and valuable company for investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Macy’s. More…
| Total Revenues | Net Income | Net Margin |
| 24.02k | 684 | 2.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Macy’s. More…
| Operations | Investing | Financing |
| 1.28k | -1.02k | -231 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Macy’s. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 18.11k | 13.97k | 15.39 |
Key Ratios Snapshot
Some of the financial key ratios for Macy’s are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.9% | 14.2% | 4.2% |
| FCF Margin | ROE | ROA |
| 0.9% | 15.1% | 3.5% |
Analysis
At GoodWhale, we analyze MACY’S financials to review the performance of the company. Based on our Star Chart, MACY’S is classified as a ‘cow’, meaning it has a track record of paying out consistent and sustainable dividends. This makes it an attractive stock for investors who are looking for passive income. Moreover, MACY’S has a high health score of 8/10, indicating that the company has strong cashflows and debt, and is capable to safely ride out any crisis without the risk of bankruptcy. We also note that the company is strong in asset, dividend, and profitability but is weak in growth. The lack of growth might be off-putting to some investors who are looking for growth, however the company’s strong fundamentals and consistent income stream will still appeal to more conservative investors. More…
Peers
Macy’s Inc, World Co Ltd, Kohl’s Corp, and PT Ramayana Lestari Sentosa Tbk are all retail companies.
– World Co Ltd ($TSE:3612)
As of 2022, World Co Ltd has a market cap of 46.04B and a Return on Equity of 4.14%. The company is engaged in the business of providing online services. It offers a range of services, including online search, advertising, maps, software applications, and cloud computing.
– Kohl’s Corp ($NYSE:KSS)
Kohl’s Corp is an American department store retail chain. The company has a market capitalization of $3.56 billion as of 2022 and a return on equity of 16.46%. Kohl’s operates 1,158 stores in 49 states. The company offers a wide variety of merchandise, including apparel, shoes, cosmetics, and home goods. Kohl’s is known for its discount pricing and extensive promotions.
– PT Ramayana Lestari Sentosa Tbk ($IDX:RALS)
Ramayana Lestari Sentosa Tbk is an Indonesian conglomerate with interests in retail, malls, and real estate. The company has a market cap of 3.67 trillion as of 2022 and a return on equity of 6.89%. The company was founded in 1973 and is headquartered in Jakarta, Indonesia.
Summary
Macy’s stock price has been on the rise following an analyst’s report that the company may be worth $25 a share in a takeover. This has been a positive sign for investors, with the stock price moving up the same day. Further analysis for potential investors should look at the company’s financials, including earnings, revenue, and cash flow. It is also important to consider the company’s competitive landscape, potential risks, and its long-term strategy.
Those interested in investing should take into account the current market conditions and analyze the impact of any potential changes. With all the information available, investors can make an informed decision about investing in Macy’s.
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