Macy's Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 17 out of 27 in the Diversified Retail industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 21.76.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Macy's Inc is 6.00, ranking 24 out of 27 in the Diversified Retail industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 4.91B, representing a year-over-year increase of 0.20%, while its net profit experienced a year-over-year increase of 60.71%.
Key Metrics
The current valuation score of Macy's Inc is 8.13, ranking 8 out of 27 in the Diversified Retail industry. Its current P/E ratio is 11.60, which is 1031.72% below the recent high of 131.25 and 1082.31% above the recent low of -113.92.
The current earnings forecast score of Macy's Inc is 6.15, ranking 22 out of 27 in the Diversified Retail industry. The average price target is 23.00, with a high of 26.00 and a low of 8.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Macy's Inc is 6.50, ranking 19 out of 27 in the Diversified Retail industry. Currently, the stock price is trading between the resistance level at 22.74 and the support level at 18.59, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Macy's Inc is 10.00, ranking 1 out of 27 in the Diversified Retail industry. The latest institutional shareholding proportion is 92.35%, representing a quarter-over-quarter increase of 2.22%. The largest institutional shareholder is The Vanguard, holding a total of 26.25M shares, representing 9.87% of shares outstanding, with 13.48% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Diversified Retail domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Macy's Inc is 7.35, ranking 10 out of 27 in the Diversified Retail industry. The company's beta value is 1.53. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
