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M
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$17.99
Change
-$0.36 (-1.96%)
Capitalization
5.08B

M Price Prediction, Macy's AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

Momentum Indicator for M turns negative, indicating new downward trend

M saw its Momentum Indicator move below the 0 level on June 13, 2022. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 93 similar instances where the indicator turned negative. In 75 of the 93 cases, the stock moved further down in the following days. The odds of a decline are at 81%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for M turned negative on June 15, 2022. 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 .

M moved below its 50-day moving average on June 10, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for M crossed bearishly below the 50-day moving average on June 16, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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 .

The Aroon Indicator for M entered a downward trend on June 03, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where M's RSI Indicator exited the oversold zone, of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where M advanced for three days, in of 318 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.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable 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.

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 (1.507) is normal, around the industry mean (2.241). P/E Ratio (3.516) is within average values for comparable stocks, (122.967). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (0.579). Dividend Yield (0.034) settles around the average of (0.032) among similar stocks. P/S Ratio (0.217) is also within normal values, averaging (0.694).

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

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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 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 85, placing this stock worse than average.

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published price charts
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published Earnings

M is expected to report earnings to fall 17.39% to 89 cents per share on August 17

Macy's M Stock Earnings Reports
Q3'22
Est.
$0.89
Q2'22
Beat
by $0.26
Q1'22
Beat
by $0.44
Q4'21
Beat
by $0.92
Q3'21
Beat
by $1.06
The last earnings report on May 26 showed earnings per share of $1.08, beating the estimate of 82 cents. With 5.37M shares outstanding, the current market capitalization sits at 5.08B.
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published Dividends

M paid dividends on July 01, 2022

Macy's M Stock Dividends
А dividend of $0.16 per share was paid with a record date of July 01, 2022, and an ex-dividend date of June 14, 2022. Read more...
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published Highlights

Notable companies

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

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 3.81B. 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 -3%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was -15%. SURRY experienced the highest price growth at 14%, while KSS experienced the biggest fall at -27%.

Volume

The average weekly volume growth across all stocks in the Department Stores Industry was -64%. For the same stocks of the Industry, the average monthly volume growth was -10% and the average quarterly volume growth was 33%

Fundamental Analysis Ratings

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

Valuation Rating: 36
P/E Growth Rating: 58
Price Growth Rating: 53
SMR Rating: 7
Profit Risk Rating: 85
Seasonality Score: -5 (-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
88857
Web
https://www.macysinc.com

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M and

Correlation & Price change

A.I.dvisor indicates that over the last year, M has been closely correlated with KSS. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if M jumps, then KSS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To M
1D Price
Change %
M100%
-1.80%
KSS - M
76%
Closely correlated
-19.64%
DDS - M
66%
Loosely correlated
-4.69%
JWN - M
64%
Loosely correlated
-1.73%
CBD - M
24%
Poorly correlated
+0.48%
DDT - M
7%
Poorly correlated
-1.33%