Macy's Inc (M)

M (NYSE:Retail) EQUITY
$36.31
pos +1.00
+2.90%
Today's Range: 35.36 - 36.52 | M Avg Daily Volume: 7,240,200
Last Update: 07/25/16 - 2:06 PM EDT
Volume: 4,212,278
YTD Performance: 0.86%
Open: $35.41
Previous Close: $35.28
52 Week Range: $29.94 - $71.02
Oustanding Shares: 308,395,235
Market Cap: 10,944,946,890
6-Month Chart
TheStreet Ratings Grade for M
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 1 1 1 2
Moderate Buy 0 0 0 0
Hold 12 12 12 10
Moderate Sell 0 0 0 0
Strong Sell 1 1 1 1
Mean Rec. 3.00 3.00 3.00 2.85
Latest Dividend: 0.38
Latest Dividend Yield: 4.25%
Dividend Ex-Date: 06/13/16
Price Earnings Ratio: 11.71
Price Earnings Comparisons:
M Sector Avg. S&P 500
11.71 11.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-13.87% -50.94% -27.87%
GROWTH 12 Mo 3 Yr CAGR
Revenue -3.70 0.00 -0.01
Net Income -29.90 -0.20 -0.07
EPS -23.70 0.00 0.00
Earnings for M:
EBITDA 3.37B
Revenue 27.08B
Average Earnings Estimates
Qtr (07/16) Qtr (10/16) FY (01/17) FY (01/18)
Average Estimate $0.40 $0.38 $3.25 $3.38
Number of Analysts 8 6 9 8
High Estimate $0.50 $0.44 $3.40 $3.55
Low Estimate $0.23 $0.26 $3.15 $3.04
Prior Year $0.64 $0.56 $3.77 $3.25
Growth Rate (Year over Year) -37.70% -32.44% -13.88% 3.95%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Macy's (M) , which has been quite strong recently. The company's real estate is probably worth more than the stock's market value, while M offers a good dividend and solid management. Rival retailer Urban Outfitters (URBN) has started to recover over the past month. You'd think that U.S. consumer spending should be solid given America's low energy prices, near-full employment and wage gains that are accelerating somewhat. Gilead Sciences (GILD) , which reports after the bell tonight. I think investors are too worried about sliding U.S. sales of the firm's hepatitis C drug. After all, the stock sports more than a 12% free-cash-flow yield and goes for just 7x earnings despite a 2% dividend yield.
It's all about cheap and convenient.
The online retailing giant’s Prime Day is primed to be a huge hit.

Market Makes a Sideways Turn Real Money Pro($)

Despite the overbought market, Macy's and Kohl's still look like buys.
They need to do something that makes them stand out as stocks you want to own, not avoid.
Take part in a mini retail revival ahead their earnings season in early August.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened. This is bearish for economic activity, commodities prices and profits. The price of crude oil got hit ... hard. At $46.50, it's down $2.50 on the day. Gold was up $18 to $1,357. Hey, Mikey, he likes it! Agricultural commodities: wheat +2, corn -9.50, soybean -60.50(!!), oats -1. Lumber +7. Bonds continued to ramp in price and move lower in yield. iShares 20+ Year Treasury Bond ETF (TLT) was down $2.00. The yield on the 10-year U.S. note fell by nine basis points to 1.37%.  As I mentioned earlier, that's a 63-year low in yield. The long bond yield declined by 11 basis points to 2.14%. The 2s/10s spread flattened to another low at 82 basis points. Municipals were well-bid today. Closed-end muni bond funds were only slightly higher in price, though. The high-yield bond market continues to move with equities -- in this case, lower. Bank stocks are the negative feature in the market today, with declines of 3% to 4%. It's much worse (down 5% to 10%) in EU banking shares. Brokerages equal schmeissburger. Life insurance stocks were taken to the woodshed. My shorts Lincoln National (LNC) and MetLife (MET) were down $2 apiece, and my long Hartford Financial Services Group (HIG) fell $1.30; I have been adding. Retail was weaker after being weak all year; my short Nordstrom (JWN) was off 80 cents. Best Buy (BBY), Macy's (M) and Nike (NKE) were all worse off than Friday's close. My short Foot Locker (FL) was essentially unchanged. Old tech was weak but not materially so. Biotech was weak, though down less than 1%. Allergan (AGN) was up $2.50, though Valeant (VRX) hits new lows; more speculative biotech was much lower. Autos are tanking further, and so are housing stocks. Both groups have rolled over badly despite some sponsorship from "value investors." Ag equipment stocks were punished, with my short Caterpillar (CAT) down two beaners and Deere (DE) off $1.50. They must be watching the 60-cent decline in the price of soybeans!  Moreover, dealer sales continue to founder and the strength of our currency is like a dagger in the hearts of these stocks. Staples remain an upside feature. (T)FANG was under pressure. Tesla (TSLA) is a dog with fleas, lower for the second day in a row. Needham cut Netflix (NFLX), but it was still up 1% on the day. In individual stocks, Twitter (TWTR) was down nearly 1% but Oaktree Capital Group (OAK) was flat. My long fav DuPont (DD) was down $1.25 and approaching my buy level after I sold some off in the high $60s. I live in the $61 to $62 area, Apple (AAPL) again is breaking down, off almost a beaner.  Disney (DIS) shares are suffering under some weak movie experiences; that chart, too, looks like it is rolling over.  Here are some value added posts on our site today: Jim "El Capitan" Cramer chimes in on Deutsche Bank, the canary in the coal mine.  "Meet" Bret Jensen makes a second-half forecast.  Tim "Not Judy or Phil" Collins likes the Valeant chart. At some point there could be value, but the prospects for asset sales and writedowns and a $31-billion debt load in the face of eroding fundamentals makes me pass. Tom Graff likes bonds.  Rev Shark on the challenging markets.
Americans are expected to spend about $71.34 per household on the festivities alone. 
Let's scan who's doing what on the West Coast and how their ingenuity may impact you.
The company's results really stand out and strength could continue.

Columnist Conversations

we are out of AAPL here as this one looks suspect. we'll cut this one here as the price action, technica...
Occidental is trading at new July lows this morning.  The stock is off just shy of 1.5% as the current pu...

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.