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.
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.
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.