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Macy's (GB:0JXD)
LSE:0JXD
Macy's (0JXD) Share Price & Analysis
0 Followers
0JXD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.39 - $22.00
Previous Close$18.31
Volume3.40K
Average Volume (3M)7.00K
Market Cap
$5.05B
Enterprise Value$7.02B
Total Cash (Recent Filing)$1.03B
Total Debt (Recent Filing)$3.00B
Price to Earnings (P/E)48.5
Beta1.85
Next Earnings
May 15, 2024EPS Estimate
$0.16Next Dividend Ex-DateN/A
Dividend Yield3.65%
Share Statistics
EPS (TTM)0.37
Shares Outstanding274,271,536
10 Day Avg. Volume16,318
30 Day Avg. Volume6,997
Standard Deviation0.19
R-Squared0.56
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.76
Price to Sales (P/S)0.18
Price to Cash Flow (P/CF)1.10
P/FCF Ratio1.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.29
Enterprise Value/Gross Profit0.72
Enterprise Value/Ebitda7.40
Forecast
1Y Price Target
$19.44Price Target Upside6.20% Upside
Rating ConsensusHold
Number of Analyst Covering10
Macy's News
PremiumCompany Announcements
Macy’s Revamps Board, Embraces New Growth Strategy
Bulls Say, Bears Say
Bulls Say
Acquisition PotentialMacy's acknowledged the raised acquisition offer from Arkhouse and Brigade, suggesting a transaction may be more likely than previously thought.
Financial StrategyBold New Chapter Strategy to Support Improved Financial Performance: Management reiterated components of the strategy expected to deliver annual low-single-digit comp sales growth and mid-single-digit adjusted EBITDA dollar growth.
Real Estate MonetizationMonetization of real estate could result in proceeds of $500-650MM from the closure of 150 stores, highlighting a move to right-size the fleet.
Bears Say
Company StrategyThe company's plan to close 150 stores to drive cash proceeds has faced public disapproval, which could negatively impact investor sentiment and stock performance.
Financial PerformanceThere is continued risk to the year's earnings per share forecast, as it assumes a significant revenue and profitability increase in the latter quarters without accounting for potential credit card late fees.
Regulatory ImpactThe CFPB late fee proposal could lead to a significant reduction in credit income for companies, potentially impacting their overall revenue and earnings per share.
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Ownership Overview
1.41% Insiders
25.79% Mutual Funds
26.33% Other Institutional Investors
46.47% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Macy's
Desktop Users
Mobile Users
0JXD FAQ
What was Macy's’s price range in the past 12 months?
Macy's lowest share price was $10.39 and its highest was $22.00 in the past 12 months.
What is Macy's’s market cap?
Currently, no data Available
When is Macy's’s upcoming earnings report date?
Macy's’s upcoming earnings report date is May 15, 2024 which is in 17 days.
How were Macy's’s earnings last quarter?
Macy's released its earnings results on Feb 27, 2024. The company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $1.99 by $0.46.
Is Macy's overvalued?
According to Wall Street analysts Macy's’s price is currently Undervalued.
Does Macy's pay dividends?
Macy's does not currently pay dividends.
What is Macy's’s EPS estimate?
Macy's’s EPS estimate is $0.16.
How many shares outstanding does Macy's have?
Macy's has 274,271,550 shares outstanding.
What happened to Macy's’s price movement after its last earnings report?
Macy's reported an EPS of $2.45 in its last earnings report, beating expectations of $1.99. Following the earnings report the stock price went up 3.125%.
Which hedge fund is a major shareholder of Macy's?
Among the largest hedge funds holding Macy's’s share is Appaloosa Management LP. It holds Macy's’s shares valued at 90M.
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Macy's Stock Smart Score
Underperform
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10
Analyst Consensus
Hold
Average Price Target:
$19.44 (6.20% Upside)
$19.44 (6.20% Upside)
Blogger Sentiment
Bullish
GB:0JXD Sentiment 73%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $2.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.23%
12-Months-Change
Fundamentals
Return on Equity
2.56%
Trailing 12-Months
Asset Growth
-3.64%
Trailing 12-Months
Company Description
Macy's
Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. Its brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in Cincinnati, OH.
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0JXD Company Deck
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0JXD Earnings Call
Q4 2024
0:00 / 0:00
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0JXD Stock 12 Months Forecast
Average Price Target
$19.44
▲(6.20% Upside)
Technical Analysis
Best Analysts Covering 0JXD
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
-14.14%
reiterated a sell rating 5 months ago
Copying Lorraine Hutchinson's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of -14.14% per trade.
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