Macy’s Inc (NYSE: M) kicked off on Monday, up 1.77% from the previous trading day, before settling in for the closing price of $16.43. Over the past 52 weeks, M has traded in a range of $14.06-$22.10.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 0.80%. While this was happening, its average annual earnings per share was recorded -21.96%. With a float of $275.28 million, this company’s outstanding shares have now reached $277.37 million.
The extent of productivity of a business whose workforce counts for 85581 workers is very important to gauge. In terms of profitability, gross margin is 41.04%, operating margin of 6.73%, and the pretax margin is 1.0%.
Macy’s Inc (M) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Department Stores Industry. The insider ownership of Macy’s Inc is 0.75%, while institutional ownership is 76.08%. 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
According to the Wall Street analysts, stocks earnings will be around -21.96% per share during the next fiscal year.
Macy’s Inc (NYSE: M) Trading Performance Indicators
Take a look at Macy’s Inc’s (M) current performance indicators. Last quarter, stock had a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.20. Likewise, its price to free cash flow for the trailing twelve months is 7.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.65, a number that is poised to hit 1.88 in the next quarter and is forecasted to reach 2.59 in one year’s time.
Technical Analysis of Macy’s Inc (M)
The latest stats from [Macy’s Inc, M] show that its last 5-days average volume of 4.93 million was inferior to 6.28 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 65.76%. Additionally, its Average True Range was 0.54.
During the past 100 days, Macy’s Inc’s (M) raw stochastic average was set at 67.51%, which indicates a significant decrease from 79.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.21% in the past 14 days, which was higher than the 41.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.70, while its 200-day Moving Average is $17.48. Now, the first resistance to watch is $17.13. This is followed by the second major resistance level at $17.55. The third major resistance level sits at $17.80. If the price goes on to break the first support level at $16.46, it is likely to go to the next support level at $16.21. The third support level lies at $15.79 if the price breaches the second support level.
Macy’s Inc (NYSE: M) Key Stats
The company with the Market Capitalisation of 4.63 billion has total of 277,373K Shares Outstanding. Its annual sales at the moment are 23,866 M in contrast with the sum of 105,000 K annual income. Company’s last quarter sales were recorded 5,096 M and last quarter income was 150,000 K.
