Macys Stock Target Price and Analyst Consensus

M Stock  USD 19.99  0.14  0.71%   
The current analyst and expert consensus on Macys is Buy with 10 hold recommendations. The current projected Macys target price consensus is 14.73 with 16 analyst opinions. One of the most common ways Macys Inc analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Macys vendors, executives, and/or customers. Macys recommendation module provides expert sentiment on the projected Macys Inc target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Macys to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
13.4
Highest Forecast
16.35
Target Price
14.73
At this time, Macys' Pretax Profit Margin is very stable compared to the past year. As of the 28th of March 2024, Operating Profit Margin is likely to grow to 0.1, while Gross Profit is likely to drop about 9.2 B. At this time, Macys' Net Debt is very stable compared to the past year. As of the 28th of March 2024, Accounts Payable is likely to grow to about 3.8 B, while Net Receivables is likely to drop about 357.2 M.
  
It's important to approach Macys' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Macys Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Macys target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Macys' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   16  Buy
Most Macys analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Macys stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Macys Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Macys Target Price Projection

Macys' current and average target prices are 19.99 and 14.73, respectively. The current price of Macys is the price at which Macys Inc is currently trading. On the other hand, Macys' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Macys Market Quote on 28th of March 2024

Low Price19.65Odds
High Price20.05Odds

19.99

Target Price

Analyst Consensus On Macys Target Price

Low Estimate13.4Odds
High Estimate16.35Odds

14.73

Historical Lowest Forecast  13.4 Target Price  14.73 Highest Forecast  16.35
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Macys Inc and the information provided on this page.

Macys Analyst Ratings

Macys' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Macys stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Macys' financials, market performance, and future outlook by experienced professionals. Macys' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Macys price targets

Macys' stock target price is an estimate of its future price, usually made by analysts. Using Macys' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Macys' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Macys' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Macys Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Macys is a key component of Macys valuation and have some predictive power on the future returns of a Macys.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Macys' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
16.9219.8322.74
Details
Intrinsic
Valuation
LowRealHigh
14.2717.1820.09
Details
Naive
Forecast
LowNextHigh
15.5318.4421.36
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.120.140.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Macys. Your research has to be compared to or analyzed against Macys' peers to derive any actionable benefits. When done correctly, Macys' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Macys Inc.

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When determining whether Macys Inc is a strong investment it is important to analyze Macys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Macys' future performance. For an informed investment choice regarding Macys Stock, refer to the following important reports:
Check out Macroaxis Advice on Macys to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Macys Stock analysis

When running Macys' price analysis, check to measure Macys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macys is operating at the current time. Most of Macys' value examination focuses on studying past and present price action to predict the probability of Macys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macys' price. Additionally, you may evaluate how the addition of Macys to your portfolios can decrease your overall portfolio volatility.
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The data published in Macys' official financial statements usually reflect Macys' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Macys Inc. For example, before you start analyzing numbers published by Macys accountants, it's critical to develop an understanding of what Macys' liquidity, profitability, and earnings quality are in the context of the Broadline Retail space in which it operates.
Please note, the presentation of Macys' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Macys' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Macys' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Macys Inc. Please utilize our Beneish M Score to check the likelihood of Macys' management manipulating its earnings.