Macy’s, Inc. with ticker code (M) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between 29 and 14 calculating the average target price we see $22.75. Given that the stocks previous close was at $14.95 this would imply there is now a potential upside of 52.2%. The day 50 moving average is $16.87 and the 200 moving average now moves to $19.43. The company has a market cap of 4.02B. The current share price for the company is: 14.77 USD
The potential market cap would be $6,120,845,579 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 3.53, revenue per share of 92.12 and a 6.1% return on assets.
Macy’s, Inc. is an omni-channel retail company. The Company operates stores, websites and mobile applications under three brands (Macy’s, Bloomingdale’s and bluemercury) that sell a range of merchandise, including apparel and accessories (men’s, women’s and kids’), cosmetics, home furnishings and other consumer goods. The Company operates approximately 722 store locations in 43 states, the District of Columbia, Puerto Rico and Guam. The Company’s operations are conducted through Macy’s; Macy’s Backstage; Market by Macy’s; Bloomingdale’s; Bloomingdale’s The Outlet; Bloomies, and bluemercury. In addition, Bloomingdale’s in Dubai; United Arab Emirates, and Al Zahra, Kuwait. The principal private label brands offered by the Company include Alfani, And Now This, Aqua, Bar III, Belgique, Charter Club, Club Room, Epic Threads, Family PJ’s, first impressions, Giani Bernini, Holiday Lane, Home Design, Hotel Collection, Hudson Park, Ideology, I-N-C, jenni, JM Collection, and Karen Scott.
