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 maximum price target given was 36, which equates to a potential upside of 50.44 percent. The minimum price target given was 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. That number becomes -11.77 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.62 percent, as compared to a month ago. 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 made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. 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. The PEG ratio of a stock is another value frequently studied by investors. 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. M has a PEG ratio of 0.18.

M has a 52-week high of 45.41 and a 52-week low of 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 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 market cap of M is $7.37 billion. M is estimated to release their earnings results for the quarter on 0000-00-00, days from today.