Macy’s Inc (NYSE: M) on Tuesday, plunged -2.71% from the previous trading day, before settling in for the closing price of $19.94. Within the past 52 weeks, M’s price has moved between $9.76 and $19.99.
A company in the Consumer Cyclical sector has jumped its sales by 2.68% annually for the last half of the decade. The company achieved an average annual earnings per share of -26.64%. With a float of $267.69 million, this company’s outstanding shares have now reached $268.51 million.
Macy’s Inc (M) Insider Updates
Observing investor behavior towards Department Stores industry stocks is more important than anything else. The insider ownership of Macy’s Inc is 0.30%, while institutional ownership is 89.21%. The most recent insider transaction that took place on Sep 17 ’25, was worth 1,775,000. In this transaction EVP, Chief HR Officer of this company sold 100,000 shares at a rate of $17.75, taking the stock ownership to the 136,161 shares. Before that another transaction happened on Sep 18 ’25, when Company’s Officer proposed sale 50,000 for $17.40, making the entire transaction worth $870,000.
Macy’s Inc (M) Performance Highlights and Predictions
As on 10/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.04 earnings per share (EPS) for the period topping the consensus outlook (set at 0.03) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -26.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -9.94% during the next five years compared to 2.68% growth over the previous five years of trading.
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 0.35 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 0.23. Likewise, its price to free cash flow for the trailing twelve months is 8.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.76, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach 2.00 in one year’s time.
Technical Analysis of Macy’s Inc (M)
Let’s dig in a bit further. During the last 5-days, its volume was 6.24 million. That was inferior than the volume of 7.75 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 77.77%.
During the past 100 days, Macy’s Inc’s (M) raw stochastic average was set at 93.76%, which indicates a significant increase from 75.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.51 in the past 14 days, which was higher than the 0.50 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.47, while its 200-day Moving Average is $13.94. However, in the short run, Macy’s Inc’s stock first resistance to watch stands at $19.60. Second resistance stands at $19.79. The third major resistance level sits at $19.97. If the price goes on to break the first support level at $19.22, it is likely to go to the next support level at $19.04. Assuming the price breaks the second support level, the third support level stands at $18.85.
Macy’s Inc (NYSE: M) Key Stats
Market capitalization of the company is 5.21 billion based on 268,506K outstanding shares. Right now, sales total 23,006 M and income totals 582,000 K. The company made 4,999 M in profit during its latest quarter, and 87,000 K in sales during its previous quarter.
