Macys Inc Stock Beta
M Stock | USD 19.85 0.77 4.04% |
Macys Inc fundamentals help investors to digest information that contributes to Macys' financial success or failures. It also enables traders to predict the movement of Macys Stock. The fundamental analysis module provides a way to measure Macys' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Macys stock.
Macys | Beta |
Macys Beta Analysis
Macys' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
More About Beta | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.3B | 10.0B | 9.7B | 9.2B | Total Revenue | 25.3B | 25.3B | 23.9B | 22.8B |
Beta | = | CovarianceVariance |
Current Macys Beta | 2.16 |
Most of Macys' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Macys Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Macys Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Macys is extremely important. It helps to project a fair market value of Macys Stock properly, considering its historical fundamentals such as Beta. Since Macys' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Macys' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Macys' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Macys Inc has a Beta of 2.164. This is 157.62% higher than that of the Broadline Retail sector and 209.14% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Macys Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Macys' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Macys could also be used in its relative valuation, which is a method of valuing Macys by comparing valuation metrics of similar companies.Macys is currently under evaluation in beta category among related companies.
Macys ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Macys' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Macys' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Macys Institutional Holders
Institutional Holdings refers to the ownership stake in Macys that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Macys' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Macys' value.Shares | Millennium Management Llc | 2023-12-31 | 3.8 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.7 M | Aqr Capital Management Llc | 2023-12-31 | 3.7 M | Goldman Sachs Group Inc | 2023-12-31 | 3.6 M | Citadel Advisors Llc | 2023-09-30 | 3.4 M | Bank Of New York Mellon Corp | 2023-12-31 | 3.3 M | Norges Bank | 2023-12-31 | 3.1 M | Fmr Inc | 2023-12-31 | 2.9 M | Deutsche Bank Ag | 2023-12-31 | 2.6 M | Vanguard Group Inc | 2023-12-31 | 35 M | Blackrock Inc | 2023-12-31 | 25.1 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Macys will likely underperform.
Macys Fundamentals
Return On Equity | 0.0256 | ||||
Return On Asset | 0.0507 | ||||
Profit Margin | 0 % | ||||
Operating Margin | 0.11 % | ||||
Current Valuation | 10.18 B | ||||
Shares Outstanding | 274.27 M | ||||
Shares Owned By Insiders | 0.67 % | ||||
Shares Owned By Institutions | 89.43 % | ||||
Number Of Shares Shorted | 18.08 M | ||||
Price To Earning | 4.95 X | ||||
Price To Book | 1.30 X | ||||
Price To Sales | 0.23 X | ||||
Revenue | 23.87 B | ||||
Gross Profit | 10 B | ||||
EBITDA | 2.25 B | ||||
Net Income | 105 M | ||||
Cash And Equivalents | 862 M | ||||
Cash Per Share | 1.20 X | ||||
Total Debt | 6.34 B | ||||
Debt To Equity | 1.77 % | ||||
Current Ratio | 1.09 X | ||||
Book Value Per Share | 15.09 X | ||||
Cash Flow From Operations | 1.3 B | ||||
Short Ratio | 2.28 X | ||||
Earnings Per Share | 0.38 X | ||||
Price To Earnings To Growth | 0.91 X | ||||
Target Price | 19.33 | ||||
Number Of Employees | 85.58 K | ||||
Beta | 2.16 | ||||
Market Capitalization | 5.23 B | ||||
Total Asset | 17.42 B | ||||
Retained Earnings | 6.19 B | ||||
Working Capital | 1.66 B | ||||
Current Asset | 8.35 B | ||||
Current Liabilities | 4.78 B | ||||
Z Score | 2.9 | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 7.85 % | ||||
Net Asset | 17.42 B | ||||
Last Dividend Paid | 0.66 |
About Macys Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Macys Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Macys using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Macys Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Macys, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. Macys, Inc. was founded in 1830 and is based in New York, New York. Macys operates under Department Stores classification in the United States and is traded on New York Stock Exchange. It employs 88857 people.
Macys Investors Sentiment
The influence of Macys' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Macys. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Macys' public news can be used to forecast risks associated with an investment in Macys. The trend in average sentiment can be used to explain how an investor holding Macys can time the market purely based on public headlines and social activities around Macys Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Macys' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Macys' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Macys' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Macys.
Macys Implied Volatility | 57.48 |
Macys' implied volatility exposes the market's sentiment of Macys Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Macys' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Macys stock will not fluctuate a lot when Macys' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Macys in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Macys' short interest history, or implied volatility extrapolated from Macys options trading.
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Try AI Portfolio ArchitectCheck out Macys Piotroski F Score and Macys Altman Z Score analysis. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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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Is Macys' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macys. If investors know Macys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.61) | Dividend Share 0.662 | Earnings Share 0.38 | Revenue Per Share 87.039 | Quarterly Revenue Growth (0.02) |
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macys' market value can be influenced by many factors that don't directly affect Macys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.