Macy’s Stock Fair Value Calculator – Macy’s Stock Soars Amid Positive Investor Sentiment
November 24, 2023
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Today, Macy’s ($NYSE:M) stock soared on the stock market due to the positive investor sentiment that has built up around the company. This surge in the stock price can be attributed to the company’s successful management of their business operations and marketing strategy over the past few years. They offer a wide range of products ranging from apparel, cosmetics, home furnishings and accessories. Macy’s is also well known for their stylish clothing lines such as INC International Concepts, American Rag and Kenneth Cole Reaction. The company is keenly focused on the customer experience and offers a variety of promotions to reward the loyalty of their customers.
Macy’s stock has been on a steady upward trajectory, driven by their strong financials and optimistic outlook for the future. Also, Macy’s has seen a 4% increase in same-store sales, indicating a strong commitment to customer satisfaction. Investors have taken notice of these positive developments and have responded by driving up the stock price. Overall, Macy’s stock has been buoyed by investor sentiment due to their strong financial performance and focus on customer experience.
Share Price
On Monday, shares of Macy’s soared amid positive investor sentiment. The stock opened at $14.4 and closed at $15.0, representing an increase of 3.6% from the previous closing price of $14.4. This surge was likely due to the positive outlook of investors, who have potentially seen a potential for growth in the retail giant. It is yet to be seen if this sentiment will remain consistent in the future, but the stock’s performance on Monday was reflective of the optimistic attitude of 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 – Macy’s Stock Fair Value Calculator
As GoodWhale, we have conducted a thorough analysis of the fundamentals of MACY’S, and our proprietary Valuation Line has given us an intrinsic value of around $22.0 for its share. Currently, the stock is trading at $15.0 per share, representing a 31.7% undervaluation. We believe this presents a great investment opportunity for those willing to invest in MACY’S. We believe that, in the long run, the stock could appreciate significantly as it returns to its intrinsic value. More…
Peers
Macy’s Inc, World Co Ltd, Kohl’s Corp, and PT Ramayana Lestari Sentosa Tbk are all retail companies.
– World Co Ltd ($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 has recently surged due to the release of strong investor sentiment and the company’s successful strategies. In addition, Macy’s announced several new initiatives, such as the launch of a new rewards program and the expansion of its digital services, which could help to further boost customer engagement and loyalty. Analysts are also optimistic about long-term growth prospects in the retail sector, which could be beneficial to Macy’s. Overall, investors are encouraged by the positive outlook for Macy’s, and many believe it is a good stock to consider for long-term investments.
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