Macys Inc Stock Today

M Stock  USD 16.57  0.11  0.67%   

Performance

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Odds Of Distress

Less than 1

 
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Macys is selling at 16.57 as of the 27th of July 2024; that is 0.67 percent increase since the beginning of the trading day. The stock's lowest day price was 16.47. Macys has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Macys Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of June 2024 and ending today, the 27th of July 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
5th of February 1992
Category
Consumer Cyclical
Classification
Consumer Discretionary
Macys, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. Macys, Inc. was founded in 1830 and is based in New York, New York. Macys operates under Department Stores classification in the United States and is traded on New York Stock Exchange. The company has 276.41 M outstanding shares of which 12.09 M shares are now sold short by investors with about 1.98 days to cover all short positions. More on Macys Inc

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Follow Valuation Options Odds of Bankruptcy
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Macys Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOMaly Bernstein
Thematic Ideas
(View all Themes)
Old NameMosaic Capital Corporation
Business ConcentrationBroadline Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, Stock Exchange Of, SP Midcap 400, Bucharest BET-XT Index, Bucharest Plus Index, Bucharest Total Return, SET100 Index, Retail, Impulse, Consumer Discretionary, Broadline Retail, Department Stores, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07110.006
Way Up
Slightly volatile
Asset Turnover1.311.3698
Sufficiently Down
Slightly volatile
Gross Profit Margin0.40.4074
Fairly Down
Pretty Stable
Net Debt5.9 B5.3 B
Significantly Up
Slightly volatile
Total Current Liabilities5.1 B4.4 B
Fairly Up
Pretty Stable
Non Current Liabilities TotalB8.9 B
Fairly Up
Very volatile
Total Assets20.2 B17.4 B
Fairly Up
Very volatile
Total Current Assets7.7 B6.1 B
Significantly Up
Pretty Stable
Total Cash From Operating Activities1.8 B1.3 B
Significantly Up
Pretty Stable
Debt Levels
Macys can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Macys' financial leverage. It provides some insight into what part of Macys' total assets is financed by creditors.
Liquidity
Macys Inc has accumulated 6.34 B in total debt with debt to equity ratio (D/E) of 1.77, which looks OK as compared to the sector. Macys Inc has a current ratio of 1.07, implying that it may not be capable to disburse its interest payments when they become due. Note however, debt could still be an excellent tool for Macys to invest in growth at high rates of return.

Depreciation

941.25 Million
Macys Inc (M) is traded on New York Stock Exchange in USA. It is located in 151 West 34th Street, New York, NY, United States, 10001 and employs 85,581 people. Macys is listed under Broadline Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current capitalization of 4.58 B. Macys Inc operates under Broadline Retail sector and is part of Consumer Discretionary industry. The entity has 276.41 M outstanding shares of which 12.09 M shares are now sold short by investors with about 1.98 days to cover all short positions. Macys Inc has accumulated about 862 M in cash with 1.3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.2.
Check Macys Probability Of Bankruptcy
Ownership Allocation
The majority of Macys outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Macys Inc to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Macys Inc. Please pay attention to any change in the institutional holdings of Macys as this could imply that something significant has changed or is about to change at the company.
Check Macys Ownership Details

Macys Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-03-31
3.5 M
Bank Of New York Mellon Corp2024-03-31
3.1 M
Norges Bank2023-12-31
3.1 M
Aqr Capital Management Llc2024-03-31
2.7 M
Schroder Investment Management Group2024-03-31
2.7 M
Test Hedge Fund Mgmt2024-03-31
2.7 M
Deutsche Bank Ag2024-03-31
2.6 M
Jane Street Group, Llc2023-12-31
2.6 M
Hsbc Holdings Plc2024-03-31
2.5 M
Vanguard Group Inc2024-03-31
34.1 M
Blackrock Inc2024-03-31
25.2 M
View Macys Diagnostics

Macys Historical Income Statement

At this time, Macys' Depreciation And Amortization is very stable compared to the past year. As of the 27th of July 2024, Interest Expense is likely to grow to about 174.2 M, while Gross Profit is likely to drop about 9.2 B. View More Fundamentals

Macys Stock Against Markets

Macys Corporate Directors

Marna WhittingtonLead Independent DirectorProfile
Joyce RocheIndependent DirectorProfile
Francis BlakeIndependent DirectorProfile
William LenehanIndependent DirectorProfile

Additional Information and Resources on Investing in Macys Stock

When determining whether Macys Inc is a strong investment it is important to analyze Macys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Macys' future performance. For an informed investment choice regarding Macys Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macys. If investors know Macys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
0.67
Earnings Share
0.03
Revenue Per Share
86.172
Quarterly Revenue Growth
(0.03)
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macys' market value can be influenced by many factors that don't directly affect Macys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.