Skip to content

Macy’s (M) has a weak future ahead

Macy’s (M) currently trades at $5.70 and has fallen by 0.70% today. M went down $0.04 from the previous closing price of $5.73. The high forecast for Macy’s is $20.00 and the low is $4.00. The company’s market cap is $1.77 billion with a 52 week high of $25.76 and a 52 week low of $4.38. M has changed in price by -18.95 per share in the last 12 months. Macy’s was also one of many retail stores that saw a downturn of 24% during the month.

Advertisements

Macy’s has a strong EPS of 1.81. This means the company made $1.81 per share after paying dividends, this can indicate that the stock is a safe investment. EPS is calculated as a company’s profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company’s profitability. It is common for a company to report EPS that is adjusted for extraordinary items and potential share dilution. Based on this information, investorsQ rates this stock 5 out of 10. We give it this rating based on current information written in this article.

Advertisements

About Macy’s:
Macy’s is America’s Department Store, an iconic brand and retail industry leader. Macy’s customers come to its stores, e-commerce site and mobile app for fashion, value and high-quality products. Macy’s is proud of its heritage and the unique role it plays in American culture and tradition.

Leave a Reply

%d bloggers like this: