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.

Investment analysts gave a few price targets for M. The most optimistic analyst gave a price target of 36, implying potential capital gains of 50.44 percent. The most pessimistic analyst gave a price target of 20, implying a possible loss of -16.42 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.11 percent. The average change in earnings estimates over the last 90 days is -11.77 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.62 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -3.57 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

M has an estimated earnings growth rate of 69.74 percent as forecasted by analysts. People on Wall Street often look at a company's 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, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of M is 0.18.

In the trailing 52-weeks, M hit 45.41 at the highest peak, while it's lowest trading point was 20.85. 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 P/E 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 will post this quarters earnings in days, on 0000-00-00.