Macy’s, Inc. (NYSE:M) went down by -1.11% from its latest closing price when compared to the 1-year high value of $39.00 and move down -144.06%, while M stocks collected -17.76% of loss with the last five trading sessions.
Macy’s, Inc. (NYSE:M) Worth an Investment?
Macy’s, Inc. (NYSE: M) scored price to earnings ratio above its average ratio, recording 4.59 times of increase in earnings at the present.
M Market Performance
M stocks went down by -17.76% for the week, with the monthly drop of -25.85% and a quarterly performance of -26.60%, while its annual performance rate touched -54.54%. The simple moving average for the period of the last 20 days is -23.80% for M stocks with the simple moving average of -37.19% for the last 200 days.
Analysts’ Opinion on Macy’s, Inc. (NYSE:M)
Many brokerage firms have already submitted their reports for M stocks, with Telsey Advisory Group repeating the rating for M shares by setting it to “Market Perform”. The predicted price for M socks in the upcoming period according to Telsey Advisory Group is $18 based on the research report published on August 15, 2019.
JP Morgan, on the other hand, stated in their research note that they expect to see M stock at the price of $18. The rating they have provided for M stocks is “Underweight” according to the report published on August 14, 2019.
Goldman gave “ Neutral” rating to M stocks, setting the target price at $21 in the report published on May 16, 2019.
M Stocks -25.07% Far from 50 Day Moving Average
After a stumble in the market that brought M to its low price for the period of the last 52 weeks, Macy’s, Inc. was unable to take a rebound, for now settling with -59.03% of loss for the given period.
The stock volatility was left at 4.07%, however, within the period of a single month, the volatility rate increased by 5.85%, while the shares sank at the distance of -27.69% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -21.97% lower at the present time.
In the course of the last 5 trading sessions, M went down by -17.76%, which changed the moving average for the period of 200 days to the total of -52.97% of losses for the stock in comparison to the 20-day moving average settled at $20.66. In addition, Macy’s, Inc. saw -46.34% in overturn over the period of a single year with a tendency to cut further losses.
M Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Macy’s, Inc. (M), starting from Lawton III Harry A, who bought 5,000 shares at the price of $21.37 back on May 23. After this action, Rushing now owns 31,038 shares of Macy’s, Inc., valued at $106,850 with the latest closing price.
BLAKE FRANCIS S, the Director of Macy’s, Inc., bought 10,000 shares at the value of $21.63 during a trade that took place back on May 22, which means that BLAKE FRANCIS S is holding 10,000 shares at the value of $216,264 based on the most recent closing price.
M Stock Fundamentals
The current profitability levels are settled at +5.77 for the present operating margin and +37.15 for gross margin. The net margin for Macy’s, Inc. stands at +4.30. Total capital return value is set at 13.07, while invested capital returns managed to touch 9.77. Equity return holds the value 18.10%, with 5.60% for asset returns.
Based on Macy’s, Inc. (M), the company’s capital structure generated 73.82 points for debt to equity in total, while total debt to capital is set at the value of 42.47. Total debt to assets is settled at the value of 23.92 with long-term debt to equity ratio rests at 73.15 and long-term debt to capital is 42.08.
EBITDA value lies at +387.00 M with total debt to EBITDA carrying the value of 1.94. The value for Enterprise to Sales is 0.37 with debt to enterprise value settled at 0.41. The receivables turnover for Macy’s, Inc. is 67.47 with the total asset turnover at the value of 1.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.