Analyst Ratings for Macy's Inc. (M)

Updated: 2017-07-29

Macy's Inc. (NYSE:M) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, M was issued an average rating of Hold.

Of the 24 analysts covering the stock, 4 gave it a buy rating, 2 issued an overweight rating, 18 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 3 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for M. The most optimistic price target was 36, which equates to a potential upside of 50.44 percent. The most pessimistic price target was 20, implying potential capital losses of -16.42 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.11 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -11.77 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.62 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.57 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

M has an estimated earnings growth rate of 69.74 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of M is 0.18.

M has traded between a high of 45.41 and a low of 20.85 over the past year. Today's price is 14.77 percent above the 52-week low, and 47.3 percent lower than its 52-week high. M has a price/earnings ratio of 12.9. Investors typically compare the P/E ratio to a company's peers in the industry. The M value stock report compares M to some of its peers using value stock charts. The stock has a market capitalization of $7.37 billion. M is estimated to release their earnings results for the quarter on 0000-00-00, days from today.