Macys Inc Stock Today

M Stock  USD 16.72  0.16  0.97%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Macys is selling at 16.72 as of the 17th of December 2024; that is 0.97 percent increase since the beginning of the trading day. The stock's lowest day price was 16.46. Macys has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 21st of April 2024 and ending today, the 17th of December 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 277.64 M outstanding shares of which 15.89 M shares are now sold short by investors with about 2.65 days to cover all short positions. More on Macys Inc

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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 RETAIL SELECT, SP Midcap 400, SET Total Return, SET100 Index, Bucharest Total Return, Bucharest BET-XT Index, Nasdaq Benchmark Consumer, Impulse, Retail, 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 Assets0.07110.0065
Way Up
Slightly volatile
Asset Turnover1.311.469
Fairly 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 Total8.9 B7.7 B
Fairly Up
Very volatile
Total Assets20.1 B16.2 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 4.64 B. Macys Inc operates under Broadline Retail sector and is part of Consumer Discretionary industry. The entity has 277.64 M outstanding shares of which 15.89 M shares are now sold short by investors with about 2.65 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
Macys Inc maintains a total of 277.64 Million outstanding shares. 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. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Macys Ownership Details

Macys Stock Institutional Holders

InstituionRecorded OnShares
Schroder Investment Management Group2024-09-30
4.1 M
Allianz Asset Management Ag2024-09-30
3.1 M
Bank Of New York Mellon Corp2024-09-30
2.9 M
Morgan Stanley - Brokerage Accounts2024-09-30
2.8 M
Millennium Management Llc2024-09-30
2.7 M
Goldman Sachs Group Inc2024-09-30
2.7 M
Charles Schwab Investment Management Inc2024-09-30
2.7 M
Norges Bank2024-06-30
2.6 M
Deutsche Bank Ag2024-09-30
2.5 M
Vanguard Group Inc2024-09-30
33.3 M
Blackrock Inc2024-06-30
25.9 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 17th of December 2024, Interest Expense is likely to grow to about 174.2 M, while Total Revenue is likely to drop about 22.7 B. View More Fundamentals

Macys Stock Against Markets

Macys Corporate Directors

Marna WhittingtonLead Independent DirectorProfile
Joyce RocheIndependent DirectorProfile
Francis BlakeIndependent DirectorProfile
William LenehanIndependent DirectorProfile
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.
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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)
Earnings Share
0.62
Revenue Per Share
85.208
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0511
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.