Witnessing the stock’s movement on the chart, on Wednesday, Macy’s Inc (NYSE: M) set off with pace as it heaved 0.44% to $15.96, before settling in for the price of $15.89 at the close. Taking a more long-term approach, M posted a 52-week range of $14.06-$22.10.
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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 0.80%. Meanwhile, its Annual Earning per share during the time was -36.16%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -22.08%. This publicly-traded company’s shares outstanding now amounts to $277.37 million, simultaneously with a float of $275.29 million. The organization now has a market capitalization sitting at $4.45 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.50, while the 200-day Moving Average is $17.58.
Macy’s Inc (M) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Department Stores industry. Macy’s Inc’s current insider ownership accounts for 0.75%, in contrast to 75.94% institutional ownership. According to the most recent insider trade that took place on Sep 05 ’24, this organization’s SVP and Controller sold 1,201 shares at the rate of 15.23, making the entire transaction reach 18,291 in total value, affecting insider ownership by 29,232.
Macy’s Inc (M) Earnings and Revenue Records
Macy’s Inc’s EPS decrease for this current 12-month fiscal period is -22.08% and is forecasted to reach 2.56 in the upcoming year.
Macy’s Inc (NYSE: M) Trading Performance Indicators
Let’s observe the current performance indicators for Macy’s Inc (M). It’s Quick Ratio in the last reported quarter now stands at 0.34. The Stock has managed to achieve an average true range (ATR) of 0.54. Alongside those numbers, its PE Ratio stands at $24.55, and its Beta score is 2.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.19. Similarly, its price to free cash flow for trailing twelve months is now 6.75.
In the same vein, M’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.65, a figure that is expected to reach 1.88 in the next quarter, and analysts are predicting that it will be 2.56 at the market close of one year from today.
Technical Analysis of Macy’s Inc (M)
Going through the that latest performance of [Macy’s Inc, M]. Its last 5-days volume of 9.01 million indicated improvement to the volume of 6.32 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 76.75% While, its Average True Range was 0.56.
Raw Stochastic average of Macy’s Inc (M) in the period of the previous 100 days is set at 33.63%, which indicates a major fall in contrast to 77.95% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 49.84% that was higher than 45.91% volatility it exhibited in the past 100-days period.
