Macy’s Inc (M) concluded trading on Wednesday at a closing price of $10.80, with 6.62 million shares of worth about $71.48 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.25% during that period and on April 23, 2025 the price saw a loss of about -0.28%. Currently the company’s common shares owned by public are about 277.69M shares, out of which, 276.24M shares are available for trading.
Stock saw a price change of -3.57% in past 5 days and over the past one month there was a price change of -22.53%. Year-to-date (YTD), M shares are showing a performance of -36.21% which decreased to -41.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.76 but also hit the highest price of $20.70 during that period. The average intraday trading volume for Macy’s Inc shares is 7.03 million. The stock is currently trading -7.41% below its 20-day simple moving average (SMA20), while that difference is down -17.96% for SMA50 and it goes to -28.89% lower than SMA200.
Macy’s Inc (NYSE: M) currently have 277.69M outstanding shares and institutions hold larger chunk of about 82.60% of that.
The stock has a current market capitalization of $3.01B and its 3Y-monthly beta is at 1.80. PE ratio of stock for trailing 12 months is 5.24, while it has posted earnings per share of $2.06 in the same period. It has Quick Ratio of 0.44 while making debt-to-equity ratio of 1.33. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for M, volatility over the week remained 4.62% while standing at 6.36% over the month.
Stock’s fiscal year EPS is expected to drop by -26.55% while it is estimated to increase by 0.83% in next year. EPS is likely to shrink at an annualized rate of -12.36% for next 5-years, compared to annual growth of 2.68% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on April 22, 2025 offering a Neutral rating for the stock and assigned a target price of $12 to it. Coverage by Telsey Advisory Group stated Macy’s Inc (M) stock as a Market perform in their note to investors on March 07, 2025, suggesting a price target of $15 for the stock. Stock get a Accumulate rating from Gordon Haskett on February 13, 2025.
