Macy’s Inc (NYSE: M) on Tuesday, soared 0.06% from the previous trading day, before settling in for the closing price of $16.72. Within the past 52 weeks, M’s price has moved between $14.06 and $22.10.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 0.80%. The company achieved an average annual earnings per share of -29.93%. With a float of $275.54 million, this company’s outstanding shares have now reached $277.64 million.
Let’s determine the extent of company efficiency that accounts for 85581 employees. In terms of profitability, gross margin is 40.86%, operating margin of 5.66%, and the pretax margin is 0.96%.
Macy’s Inc (M) Breakdown of a Key Holders of the stock
Observing investor behavior towards Department Stores industry stocks is more important than anything else. The insider ownership of Macy’s Inc is 0.75%, while institutional ownership is 75.99%. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -29.93% per share during the next fiscal year.
Macy’s Inc (NYSE: M) Trading Performance Indicators
Macy’s Inc (M) is currently performing well based on its current performance indicators. A quick ratio of 0.17 was reported for the most recent quarter. 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 8.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.59, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 2.36 in one year’s time.
Technical Analysis of Macy’s Inc (M)
Looking closely at Macy’s Inc (NYSE: M), its last 5-days average volume was 12.71 million, which is a jump from its year-to-date volume of 6.42 million. As of the previous 9 days, the stock’s Stochastic %D was 76.69%. Additionally, its Average True Range was 0.65.
During the past 100 days, Macy’s Inc’s (M) raw stochastic average was set at 67.77%, which indicates a significant decrease from 78.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.11% in the past 14 days, which was lower than the 41.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.83, while its 200-day Moving Average is $17.41. However, in the short run, Macy’s Inc’s stock first resistance to watch stands at $17.10. Second resistance stands at $17.48. The third major resistance level sits at $17.80. If the price goes on to break the first support level at $16.41, it is likely to go to the next support level at $16.09. Now, if the price goes above the second support level, the third support stands at $15.71.
Macy’s Inc (NYSE: M) Key Stats
Market capitalization of the company is 4.64 billion based on 277,636K outstanding shares. Right now, sales total 23,866 M and income totals 105,000 K. The company made 4,903 M in profit during its latest quarter, and 28,000 K in sales during its previous quarter.
