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M
Stock ticker: NYSE
AS OF
Dec 24, 02:00 PM (EDT)
Price
$16.81
Change
+$0.16 (+0.96%)
Capitalization
4.62B

M stock forecast, quote, news & analysis

Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for M with price predictions
Dec 23, 2024

M in upward trend: price rose above 50-day moving average on November 22, 2024

M moved above its 50-day moving average on November 22, 2024 date and that indicates a change from a downward trend to an upward trend. In of 64 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 23, 2024. You may want to consider a long position or call options on M as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The 10-day moving average for M crossed bullishly above the 50-day moving average on November 27, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where M advanced for three days, in of 296 cases, the price rose further within the following month. The odds of a continued upward trend are .

M may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 183 cases where M Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 68 cases where M's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for M turned negative on December 18, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where M declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.115) is normal, around the industry mean (2.361). P/E Ratio (27.295) is within average values for comparable stocks, (32.427). M's Projected Growth (PEG Ratio) (0.110) is slightly lower than the industry average of (0.969). Dividend Yield (0.042) settles around the average of (0.035) among similar stocks. P/S Ratio (0.200) is also within normal values, averaging (0.537).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. M’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. M’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Dividends

M is expected to pay dividends on January 02, 2025

Macy's M Stock Dividends
A dividend of $0.17 per share will be paid with a record date of January 02, 2025, and an ex-dividend date of December 13, 2024. The last dividend of $0.17 was paid on October 01. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Macy's (NYSE:M), Nordstrom (NYSE:JWN), Kohls Corp (NYSE:KSS).

Industry description

A department store sells a wide variety of consumer goods under different “departments,” including (but not necessarily limited to) apparel, household appliances, home furnishings, personal care products, cosmetics, consumer electronics. During healthy macroeconomic conditions, consumers typically won’t shy away from big-ticket purchases; but during a downturn, consumer spending might get limited to the most necessary/daily essentials. Several department stores purchase items on bulk from manufacturers for resale to consumers at a profit. Some of the largest department stores companies in the U.S. include Kohl’s Corporation, Macy’s Inc., and Ollie’s Bargain Outlet Holdings Inc.

Market Cap

The average market capitalization across the Department Stores Industry is 4.29B. The market cap for tickers in the group ranges from 208.1K to 12.34T. MHRTF holds the highest valuation in this group at 12.34T. The lowest valued company is BONT at 208.1K.

High and low price notable news

The average weekly price growth across all stocks in the Department Stores Industry was -2%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was 16%. DDS experienced the highest price growth at 4%, while TOKUY experienced the biggest fall at -20%.

Volume

The average weekly volume growth across all stocks in the Department Stores Industry was 1%. For the same stocks of the Industry, the average monthly volume growth was -11% and the average quarterly volume growth was 90%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 30
P/E Growth Rating: 55
Price Growth Rating: 59
SMR Rating: 76
Profit Risk Rating: 82
Seasonality Score: 26 (-100 ... +100)
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published General Information

General Information

an operator of department stores

Industry DepartmentStores

Profile
Fundamentals
Details
Industry
Department Stores
Address
151 West 34th Street
Phone
+1 212 494-1621
Employees
85581
Web
https://www.macysinc.com