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.

A number of analysts gave price targets for M. The maximum price target given was 36, implying potential capital gains 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.11 percent on average, compared to last month. 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. 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. Over the past month, 0 analysts increased their quarterly estimates, 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.

Analysts estimate earnings of M to grow at a rate of 69.74 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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 last 52-weeks, M has achieved a high of 45.41 and a low of 20.85. Today's price is 14.77 percent above the 52-week low, and below the high by 47.3 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.