How does 0JXD's PE Ratio compare to its peers?

0JXD is expensive based on its Price-To-Earnings Ratio (22.7x) compared to the peer average (12.2x).

How does 0JXD's PE Ratio compare vs other companies in the Global Multiline Retail Industry?

0JXD is expensive based on its Price-To-Earnings Ratio (22.7x) compared to the Global Multiline Retail industry average (20.1x).

What is 0JXD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0JXD is expensive based on its Price-To-Earnings Ratio (22.7x) compared to the estimated Fair Price-To-Earnings Ratio (21.8x).

What is the Fair Price of 0JXD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0JXD ($15.96) is trading below our estimate of [[fair value]] ($22.11)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Macy's (LSE:0JXD) - Stock Price, News & Analysis

0JXD Stock Overview

An omni-channel retail organization, operates stores, websites, and mobile applications in the United States. More details

0JXD fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	1/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 27.8% below our estimate of its fair value

Earnings are forecast to grow 17.71% per year

Risk Analysis

Large one-off items impacting financial results

Dividend of 4.61% is not well covered by earnings

Has a high level of debt

Profit margins (0.8%) are lower than last year (3%)

Macy's, Inc. Competitors

B&M European Value Retail

LSE:BME

UK£3.4b

UK£11.3b

Frasers Group

LSE:FRAS

UK£3.2b

Kingfisher

LSE:KGF

UK£5.2b

Price History & Performance

Summary of all time highs, changes and price drops for Macy's
Historical stock prices
Current Share Price	US$15.96
52 Week High	US$22.00
52 Week Low	US$14.07
Beta	2.15
11 Month Change	4.14%
3 Month Change	-0.25%
1 Year Change	7.55%
33 Year Change	-47.26%
5 Year Change	3.40%
Change since IPO	-41.75%

Recent updates

Shareholder Returns

	0JXD	GB Multiline Retail	GB Market
7D	3.6%	-1.0%	0.8%
1Y	7.5%	14.5%	6.6%

Return vs Industry: 0JXD underperformed the UK Multiline Retail industry which returned 14.5% over the past year.

Return vs Market: 0JXD matched the UK Market which returned 6.6% over the past year.

Price Volatility

Is 0JXD's price volatile compared to industry and market?
0JXD volatility
0JXD Average Weekly Movement	4.2%
Multiline Retail Industry Average Movement	4.6%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0JXD has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0JXD's weekly volatility (4%) has been stable over the past year.

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?
0JXD fundamental statistics
Market cap	US$4.18b
Earnings (TTM)	US$184.00m
Revenue (TTM)	US$23.51b

22.7x

P/E Ratio

0.2x

P/S Ratio

Is 0JXD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0JXD income statement (TTM)
Revenue	US$23.51b
Cost of Revenue	US$13.86b
Gross Profit	US$9.65b
Other Expenses	US$9.46b
Earnings	US$184.00m

Last Reported Earnings

Aug 03, 2024

Next Earnings Date

Nov 26, 2024

Earnings per share (EPS)	0.66
Gross Margin	41.03%
Net Profit Margin	0.78%
Debt/Equity Ratio	69.7%

How did 0JXD perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

102%

Payout Ratio

Does 0JXD pay a reliable dividends?

See 0JXD dividend history and benchmarks

When do you need to buy 0JXD by to receive an upcoming dividend?
Macy's dividend dates
Ex Dividend Date	Dec 13 2024
Dividend Pay Date	Jan 02 2025
Days until Ex dividend	20 days
Days until Dividend pay date	40 days

Does 0JXD pay a reliable dividends?

See 0JXD dividend history and benchmarks

0JXD Stock Overview

Rewards

Risk Analysis

Macy's, Inc. Competitors

LSE:BME

UK£3.4b

LSE:NXT

UK£11.3b

LSE:FRAS

UK£3.2b

LSE:KGF

UK£5.2b

Price History & Performance

Recent News & Updates

WPG Legacy LLC acquired 235,198 square feet department store at WestShore Plaza from Macy's, Inc. (NYSE:M) for $10 million on November 11, 2024.

Macy's, Inc. to Report Q3, 2025 Results on Nov 26, 2024

Second quarter dividend of US$0.17 announced

Macy’S, Inc Declares Quarterly Dividend, Payable on January 2, 2025

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

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

Recent updates

WPG Legacy LLC acquired 235,198 square feet department store at WestShore Plaza from Macy's, Inc. (NYSE:M) for $10 million on November 11, 2024.

Macy's, Inc. to Report Q3, 2025 Results on Nov 26, 2024

Second quarter dividend of US$0.17 announced

Macy’S, Inc Declares Quarterly Dividend, Payable on January 2, 2025

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

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

Macy's, Inc. to Report Q2, 2025 Results on Aug 21, 2024

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

Macy's, Inc. Announces Executive Changes

Macy’s Buyout Bid Reportedly Gets Raised Again

Upcoming dividend of US$0.17 per share

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

First quarter 2025 earnings released: EPS: US$0.23 (vs US$0.57 in 1Q 2024)

Fourth quarter dividend of US$0.17 announced

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

Macy's, Inc. to Report Q1, 2025 Results on May 21, 2024

Macy's, Inc. Announces Board Changes

Arkhouse Management Provides Information to Shareholders of Macy’s

Chairman recently sold US$1.6m worth of stock

Arkhouse Holds Due Diligence Talks with Macy's

Upcoming dividend of US$0.17 per share

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Fourth quarter dividend increased to US$0.17

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

Upcoming dividend of US$0.17 per share at 4.0% yield

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

Investor sentiment improves as stock rises 18%

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

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

New minor risk - Share price stability

Third quarter 2024 earnings released: EPS: US$0.16 (vs US$0.40 in 3Q 2023)

Investor sentiment deteriorates as stock falls 17%

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

Upcoming dividend of US$0.17 per share at 5.6% yield

Investor sentiment deteriorates as stock falls 18%

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

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

New minor risk - Share price stability

Second quarter 2024 earnings released: US$0.08 loss per share (vs US$1.01 profit in 2Q 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

Upcoming dividend of US$0.17 per share at 4.2% yield

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

First quarter 2024 earnings released: EPS: US$0.57 (vs US$1.01 in 1Q 2023)

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