Macy's Inc (M)

M (NYSE:Retail) EQUITY
$32.72
pos +0.00
+0.00%
Today's Range: 31.51 - 32.84 | M Avg Daily Volume: 5,294,100
Last Update: 05/27/16 - 4:00 PM EDT
Volume: 0
YTD Performance: -6.46%
Open: $0.00
Previous Close: $31.57
52 Week Range: $29.94 - $73.61
Oustanding Shares: 310,572,396
Market Cap: 9,804,770,542
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 2 2 2
Moderate Buy 0 0 0 0
Hold 12 10 10 10
Moderate Sell 0 0 0 0
Strong Sell 1 1 1 2
Mean Rec. 3.00 2.85 2.85 3.00
Latest Dividend: 0.38
Latest Dividend Yield: 4.84%
Dividend Ex-Date: 06/13/16
Price Earnings Ratio: 10.29
Price Earnings Comparisons:
M Sector Avg. S&P 500
10.29 9.80 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-24.66% -51.74% -33.51%
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 8 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% -13.79% 3.85%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
When I see the company more excited about its stock price, I get more excited.
Many investors are dumping retailers without fully understanding the situation.
-- Fewer Multiple Purchases. My discussions with customers have indicated that purchases of multiple pairs of sneakers seem to be a thing of the past. Sneakers have simple become too costly, while alternative purchases like videogames and smart phones are gaining popularity. -- Kids Who Want 'Experiences,' Not Apparel. Kids and young adults seem to want "experiences" (video games, iTunes songs, etc.) more than they want apparel or footwear these days. Just ask Macy's (M) or Target (TGT). -- Peak Sports Viewership. Also consider the "Peak Sports Viewership" that I wrote about a few months back. We're seeing declining ratings for sports championships, which could have a negative impact on sneaker sales. -- LeBron James' Huge Deal with Nike (NKE). Finally, consider reports that Nike might wind up paying basketball superstar LeBron James more than $1 billion for a lifetime endorsement deal on the firm's sneakers and other merchandise. Enough said! So ... I'm Shorting Foot Locker Given all of the above, it's little surprise that Foot Locker
Yesterday's lack of follow-through was particularly disappointing.
It's the only retail stock I think is worth owning right now.
Whether a company missed or beat, their stocks have fallen roughly the same amount post-earnings day.
Something has happened with women and shopping and apparel.
Rising Sneaker Costs. Like health-care costs, sneaker prices have risen to unfathomable levels. But with U.S. wages exhibiting only modest gains, buyers' price elasticity might finally be appearing as sales resistance. At least that's what I've heard in conversations with customers at Foot Locker (FL) and elsewhere. Fewer Multiple Purchases. My discussions with customers have indicated that purchases of multiple pairs of sneakers seem to be a thing of the past. Sneakers have simple become too costly, while alternative purchases like videogames and smart phones are gaining popularity. Kids Who Want 'Experiences,' Not Apparel. Kids and young adults seem to want "experience
This version of the pattern is only the third one on the S&P 500 this century.
Update
May 20, 2016 | 7:02 AM EDT
M - Macys Inc Annual Shareholders Meeting - 11AM

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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.

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