Macy's (BOVESPA:MACY34) - Stock Price, News & Analysis

MACY34 Stock Overview

Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States.

About the company

MACY34 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 24% below our estimate of its fair value

Earnings are forecast to grow 25.58% per year

Risk Analysis

Volatile share price over the past 3 months

Profit margins (0.4%) are lower than last year (4.6%)

Large one-off items impacting financial results

Has a high level of debt

+ 1 more risk

Macy's, Inc. Competitors

Grazziotin

BOVESPA:CGRA4

R$557.8m

Vibra Energia

BOVESPA:VBBR3

R$26.5b

Lojas Renner

BOVESPA:LREN3

R$15.3b

Canadian Tire Corporation

TSX:CTC.A

CA$7.5b

Price History & Performance

Summary of all time highs, changes and price drops for Macy's
Historical stock prices
Current Share Price	US$99.03
52 Week High	US$109.00
52 Week Low	US$52.00
Beta	2.19
1 Month Change	-7.79%
3 Month Change	10.07%
1 Year Change	13.83%
3 Year Change	4.52%
5 Year Change	1.05%
Change since IPO	-30.58%

Recent updates

Shareholder Returns

	MACY34	BR Multiline Retail	BR Market
7D	6.5%	-1.9%	-1.0%
1Y	13.8%	8.6%	12.7%

Return vs Industry: MACY34 exceeded the BR Multiline Retail industry which returned 8.6% over the past year.

Return vs Market: MACY34 exceeded the BR Market which returned 12.7% over the past year.

Price Volatility

Is MACY34's price volatile compared to industry and market?
MACY34 volatility
MACY34 Average Weekly Movement	7.3%
Multiline Retail Industry Average Movement	4.1%
Market Average Movement	4.6%
10% most volatile stocks in BR Market	8.3%
10% least volatile stocks in BR Market	2.3%

Stable Share Price: MACY34 has not had significant price volatility in the past 3 months.

Volatility Over Time: MACY34's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of BR stocks.

About the Company

Founded	Employees	CEO	Website
1830	85,581	Tony Spring	www.macysinc.com

Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements.

Macy's, Inc. Fundamentals Summary

How do Macy's's earnings and revenue compare to its market cap?
MACY34 fundamental statistics
Market cap	R$27.20b
Earnings (TTM)	R$537.71m
Revenue (TTM)	R$122.22b

50.6x

P/E Ratio

0.2x

P/S Ratio

Is MACY34 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MACY34 income statement (TTM)
Revenue	US$23.87b
Cost of Revenue	US$14.14b
Gross Profit	US$9.72b
Other Expenses	US$9.62b
Earnings	US$105.00m

Last Reported Earnings

Feb 03, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.38
Gross Margin	40.74%
Net Profit Margin	0.44%
Debt/Equity Ratio	72.5%

How did MACY34 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

173%

Payout Ratio

MACY34 Stock Overview

Rewards

Risk Analysis

Macy's, Inc. Competitors

BOVESPA:CGRA4

R$557.8m

BOVESPA:VBBR3

R$26.5b

BOVESPA:LREN3

R$15.3b

TSX:CTC.A

CA$7.5b

Price History & Performance

Recent News & Updates

Macy's, Inc. Announces Board Changes

Arkhouse Management Provides Information to Shareholders of Macy’s

Arkhouse Holds Due Diligence Talks with Macy's

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Macy's, Inc., Annual General Meeting, May 17, 2024

Recent updates

Macy's, Inc. Announces Board Changes

Arkhouse Management Provides Information to Shareholders of Macy’s

Arkhouse Holds Due Diligence Talks with Macy's

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Macy's, Inc., Annual General Meeting, May 17, 2024

Macy's, Inc. Provides Earnings Guidance for the Year 2024

Macy's, Inc. Declares Quarterly Dividend, Payable on April 1, 2024

Macy's, Inc. to Report Q4, 2024 Results on Feb 27, 2024

Man Sues EssilorLuxottica , Macy’s over False Imprisonment, Sexual Assault

Brigade Capital Management, LP and Arkhouse Management Co., LP cancelled the acquisition of the remaining shares of Macy's, Inc. (NYSE:M).

Macy's Mulls $5.8 Billion Buyout Offer

Macy's, Inc. Names Tracy Preston as Chief Legal Officer, Effective January 8, 2024

Macy’S, Inc. Names Sharon Otterman Chief Marketing Officer, Effective on December 11, 2023

Macy's, Inc. Revises Earnings Guidance for the Year 2023

Macy's, Inc. Announces Executive Changes

Macy’S, Inc. Board of Directors Declares Quarterly Dividend, Payable on January 2, 2024

Macy's, Inc. to Report Q3, 2024 Results on Nov 16, 2023

Macy's Launches New Digital Fashion Platform - Mstylelab

Macy's, Inc. Appoints Olivier Bron as CEO of Bloomingdale’s

Macy’S, Inc. Declares Quarterly Dividend, Payable October 2, 2023

Macy's, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Macy’s, Inc. Names Massimo (Max) Magni Chief Customer and Digital Officer

Hotel Collection Takes Stand Against Macy's in Trademark Dispute

Macy's, Inc. to Report Q2, 2024 Results on Aug 22, 2023

Macy's Unveils on 34th as Part of its Reimagined Brand Portfolio

Settlement Reaches with Macy's Inc., Macy's Retail Holdings, Inc. n/k/a Macy's Retail Holdings, LLC, Macy's West Stores, Inc. n/k/a Macy's Retail Holdings, LLC, and Macys.Com, LLC in Class Action Lawsuit

Macy's, Inc. Declares Its Regular Quarterly Dividend, Payable on July 3, 2023

Macy's, Inc. Announces Retirement of Elisa D. Garcia as Executive Vice President, Chief Legal Officer and Secretary

Macy's, Inc. to Report Q1, 2024 Results on Jun 01, 2023

Macy's, Inc. and Shash Diné Launch Limited Edition Home Designs for the Hotel Collection

Macy's, Inc. to Report Fiscal Year 2023 Results on Mar 02, 2023

Macy's, Inc. Revises Earnings Guidance for the Fourth Quarter of 2022

Macy's, Inc. Reaffirms Sales Guidance for the Year 2022

Macy's, Inc. Declares Regular Quarterly Dividend, Payable on January 3, 2023

Macy's, Inc. Appoints Pam Quintiliano as Head of Investor Relations, Effective September 12, 2022

Macy’s, Inc. Declares Quarterly Dividend, Payable on October 3, 2022

Macy's, Inc. Provides Sales Guidance for the Third Quarter of 2022

Macy’s, Inc. Appoints Emilie Arel to Board of Directors

Food Network Star Molly Yeh Launches First Girl Meets Farm Kitchenware Line Exclusively for Macy’s

Macy's, Inc. to Report Q2, 2023 Results on Aug 23, 2022

Macy's, Inc.(NYSE:M) dropped from Russell 2000 Dynamic Index

Macy's, Inc. Declares Regular Quarterly Dividend Payable on July 1, 2022

Macy's, Inc. to Report Q1, 2023 Results on May 26, 2022

Macy's Inc. Appoints Marie Chandoha and Jill Granoff to Board of Directors, Effective April 1, 2022

Macy's, Inc., Annual General Meeting, May 20, 2022

Macy's, Inc. (NYSE:M) announces an Equity Buyback for $2,000 million worth of its shares.

Macy's, Inc. to Report Q4, 2022 Results on Feb 22, 2022

Macy's, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal Year 2021

Macy's, Inc. (NYSE:M) announces an Equity Buyback for $500 million worth of its shares.

Macy’s Launches And Now This for the Fashion-Forward, Contemporary Shopper

Macy's, Inc. Revises Earnings Guidance for the Fiscal Year 2021

Macy's, Inc. Announces Changes to its Senior Leadership Team

Macy's, Inc., Annual General Meeting, May 21, 2021

Macy’s Names Xingchu Liu as Senior Vice President, Enterprise Data & Analytics

Macy's, Inc. to Report Q4, 2021 Results on Feb 23, 2021

Macy's, Inc.(NYSE:M) dropped from INDUSTRIALS

Macy’s, Inc. Appoints Nata Dvir as Chief Merchandising Officer, Effective February 1, 2021

Macy’s, Inc. Announces Executive Changes