(M) Macy’s - Ratings and Ratios

Macys, Inc. is a multifaceted retail entity operating across various channels, including physical stores, e-commerce platforms, and mobile applications, primarily in the United States. The companys diverse product portfolio encompasses a wide range of categories such as mens, womens, and childrens apparel and accessories, cosmetics, home furnishings, and other consumer goods. These products are marketed under its flagship brands: Macys, Bloomingdales, and Bluemercury. Beyond its domestic presence, Macys, Inc. has expanded its footprint internationally through licensing agreements in Dubai, the United Arab Emirates, and Al Zahra, Kuwait. With a rich history dating back to 1830, the company has evolved significantly over the years, having changed its name from Federated Department Stores, Inc. to Macys, Inc. in June 2007. Its corporate headquarters is located in New York, New York, and it maintains a digital presence at https://www.macysinc.com.

From a strategic perspective, Macys, Inc. operates within the competitive broadline retail sub-industry, as classified by the GICS. The companys operational model is designed to cater to a wide customer base through its omni-channel retailing approach, ensuring a seamless shopping experience across different platforms. The presence of multiple brands under its umbrella allows Macys, Inc. to target various market segments effectively. The international licensing agreements further contribute to its revenue streams, albeit on a smaller scale compared to its domestic operations.

Analyzing the provided technical data, it is evident that Macys, Inc. (NYSE:M) is currently trading at $12.37, with its short-term moving averages (SMA20 and SMA50) indicating a positive trend, as the last price is above both the SMA20 ($11.95) and SMA50 ($11.68). However, the long-term SMA200 ($14.13) suggests that the stock is currently below its longer-term average, potentially indicating a downtrend over the past 200 trading days. The Average True Range (ATR) of 0.43, translating to a 3.49% volatility, provides insight into the stocks recent price movements. Given the 52-week high and low of $18.94 and $10.02, respectively, the stock is currently nearer to its lower end, suggesting potential for growth if market conditions improve.

From a fundamental analysis perspective, Macys, Inc. has a market capitalization of approximately $3.33 billion USD, with a price-to-earnings (P/E) ratio of 6.19 and a forward P/E of 6.62. The return on equity (RoE) stands at 7.29%. These metrics indicate that the company is undervalued relative to its earnings and has a moderate return on equity. Combining these fundamental insights with the technical analysis, a forecast for Macys, Inc. could involve a potential upward trajectory if the company can capitalize on its omni-channel retail capabilities and improve its profitability. A target price could be estimated by analyzing the convergence of technical indicators and fundamental data, potentially suggesting a rise towards the $15-$16 range in the medium term, assuming the current trends continue and the company meets its forward earnings expectations.