Will Macy’s Inc Stock Beat the Market? Analysts Weigh In.
October 27, 2023
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Macy’s ($NYSE:M) Inc, the iconic American department store chain, is a major player in the retail industry. But with the recent downturn in the stock market, will Macy’s Inc stock beat the market? Analysts are looking at various factors to decide whether this stock is a good buy. One factor that analysts are considering is the recent performance of Macy’s Inc stock. In the past few months, the company’s stock has been volatile and has seen some major fluctuations. This means investors should be cautious if they are considering investing in this company. Another factor that analysts are looking at is the company’s financials.
However, analysts believe that the company’s outlook for the second quarter and beyond still looks positive. Analysts are also looking at the company’s management and strategic decisions. Macy’s Inc has been making strategic moves to focus on their digital operations and expand their e-commerce presence. This could be beneficial for the company’s future and may help its stock rebound. Overall, analysts are cautiously optimistic about Macy’s Inc stock and believe that it may outperform the market. However, it is important to remember that no one can predict the future with certainty and investing in this company requires careful consideration.
Share Price
Macy’s Inc. stock has been on the rise, according to Tuesday’s opening price of $11.4 and a closing price of $11.6. This is a 2.3% increase from the previous closing price of $11.3. Analysts are considering several factors that may affect the stock’s performance, including macroeconomic trends, company fundamentals, and sentiment among investors. They are also paying close attention to how Macy’s Inc. is faring against its competitors in the retail industry, as well as how its strategic investments are paying off.
The analysts’ predictions will be closely watched as stakeholders attempt to understand how Macy’s Inc. stock will fare against the market. If the stock is able to beat expectations, it could be an indication of the company’s long-term success and provide an opportunity for investors to benefit from the upside potential of Macy’s Inc. 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 |
| 24.41k | 749 | 3.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Macy’s. More…
| Operations | Investing | Financing |
| 1.58k | -1.19k | -260 |
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 |
| 16.3k | 12.09k | 15.3 |
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 |
| 5.5% | 14.2% | 4.5% |
| FCF Margin | ROE | ROA |
| 1.3% | 16.5% | 4.2% |
Analysis
GoodWhale recently conducted an analysis of MACY’S wellbeing, and the results were quite interesting. The Star Chart classified MACY’S as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. As such, we believe that this company will be attractive to investors who value steady and reliable returns. When analyzing MACY’S, we found that it was strong in asset and profitability, but had a weaker performance in terms of growth. Additionally, its cashflows and debt resulted in a high health score 8/10, which suggests that it is capable of sustaining future operations in times of crisis. We believe that this company will be a great investment for those investors who are looking for steady and reliable returns. 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
Investing in Macy’s Inc. stock can be a lucrative endeavor. Analysts have given the company a Buy or Outperform rating, indicating that the company is expected to outpace the overall market performance over the short-term. Investors should monitor the company’s financial performance and management changes to assess the company’s prospects.
Additionally, investors should consider any potential risks and market volatility when assessing the company’s stock performance. It is important to do thorough research and stay up-to-date with current news and events related to Macy’s Inc. before investing in its stock.
