Investors must take note of Macy’s Inc’s (M) performance last week, which was 0.38%.

On Tuesday, Macy’s Inc (NYSE: M) was -2.00% drop from the session before settling in for the closing price of $16.02. A 52-week range for M has been $10.59 – $22.10.

Annual sales at Consumer Cyclical sector company grew by 0.80% over the past five years. When this article was written, the company’s average yearly earnings per share was at -22.09%. With a float of $275.30 million, this company’s outstanding shares have now reached $277.37 million.

Let’s look at the performance matrix of the company that is accounted for 85581 employees. In terms of profitability, gross margin is 41.04%, operating margin of 6.57%, and the pretax margin is 1.0%.

Macy’s Inc (M) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Macy’s Inc stocks. The insider ownership of Macy’s Inc is 0.75%, while institutional ownership is 76.58%. The most recent insider transaction that took place on Sep 05 ’24, was worth 18,291. In this transaction SVP and Controller of this company sold 1,201 shares at a rate of $15.23, taking the stock ownership to the 29,232 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Officer proposed sale 4,085 for $15.30, making the entire transaction worth $62,500.

Macy’s Inc (M) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 7/31/2024, it has been observed that the corporation posted 0.21 earnings per share (EPS) during the time that was better than consensus figure (set at 0) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.9 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -22.09% per share during the next fiscal year.

Macy’s Inc (NYSE: M) Trading Performance Indicators

You can see what Macy’s Inc (M) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19. Likewise, its price to free cash flow for the trailing twelve months is 6.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.65, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach 2.60 in one year’s time.

Technical Analysis of Macy’s Inc (M)

Macy’s Inc (NYSE: M) saw its 5-day average volume 4.34 million, a negative change from its year-to-date volume of 6.39 million. As of the previous 9 days, the stock’s Stochastic %D was 55.97%. Additionally, its Average True Range was 0.47.

During the past 100 days, Macy’s Inc’s (M) raw stochastic average was set at 25.58%, which indicates a significant decrease from 42.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.91% in the past 14 days, which was lower than the 47.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.55, while its 200-day Moving Average is $17.98. Nevertheless, the first resistance level for the watch stands at $15.92 in the near term. At $16.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.35. If the price goes on to break the first support level at $15.48, it is likely to go to the next support level at $15.27. The third support level lies at $15.05 if the price breaches the second support level.

Macy’s Inc (NYSE: M) Key Stats

There are 276,411K outstanding shares of the company, which has a market capitalization of 4.35 billion. As of now, sales total 23,866 M while income totals 105,000 K. Its latest quarter income was 5,096 M while its last quarter net income were 150,000 K.