15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 12 firms covering Macy’s Inc, 2 rate it Buy or better, 9 sit at Hold, and 1 rate it Sell or worse, a hold consensus. The target range is very wide, $9.00 to $30.00 (about 3.3x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $22.20 sits 12% below the current $25.14. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 1 to 2 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.06 next quarter toward $2.33 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS12 ratings
Hold
Strong Buy00%
Buy217%
Hold975%
Sell18%
Strong Sell00%
Based on 12 analysts giving stock ratings to Macy’s Inc.
As of Jul, 2 of 12 firms rate M a Buy (9 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
M EPS & revenue forecast
EPS · NEXT QUARTER
$-0.06
Range $-0.20 – $0.04 · 13 analysts · -170% YoY
Next period, 13 analysts expect Macy’s Inc to earn $-0.06 a share (range $-0.20 – $0.04), versus $0.09 a year earlier. Full-year consensus is $2.21, growing to $2.33 the year after.
REVENUE · NEXT QUARTER
$4.6B
Range $4.6B – $4.7B · 13 analysts · -1% YoY
Revenue is expected to reach $4.6B (range $4.6B – $4.7B), -1.4% year-over-year. Full-year consensus is $21.8B, rising to $21.6B next year.
Top analysts covering Macy’s Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on M.
#1
Mike Hickey
Benchmark · Rank #339
Buy
No targeton M
Overall win rate
33%
+ Follow
#2
Dana Telsey
Telsey Advisory Group · Rank #368
Hold
$23.00-8.5% to target
Overall win rate
19%
+ Follow
#3
Paul Lejuez
Citigroup
Hold
$22.00-12.5% to target
Coverage
—
+ Follow
#4
Jay Sole
UBS
Sell
$9.00-64.2% to target
Coverage
—
+ Follow
#5
Michael Binetti
Evercore ISI Group
Hold
$22.00-12.5% to target
Coverage
—
+ Follow
M stock forecast FAQ
What is M's average 12-month price target?+
The 10 analysts with a live target average $22.20 for Macy’s Inc over the next 12 months, ranging from a $30.00 high to a $9.00 low.
Is M stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 12 analyst ratings, 2 are Buy or Strong Buy, 9 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for M?+
The Street-high target is $30.00 (Morgan Stanley), and the Street-low is $9.00 (UBS). The average of all 10 active targets is $22.20.
How many Wall Street analysts cover M?+
12 analysts have an active rating on Macy’s Inc, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering M?+
Among analysts who currently cover M, Mike Hickey of Benchmark has the strongest overall Quantellect track record (Rank #339). Their current call is Buy.
What is Macy’s Inc's projected EPS for next quarter?+
The consensus estimate is $-0.06 per share (range $-0.20 – $0.04) across 13 analysts. Full-year EPS is projected at $2.21, rising to $2.33 the following year.
How much revenue is Macy’s Inc expected to report next quarter?+
Consensus revenue is $4.6B (range $4.6B – $4.7B). Full-year revenue is projected at $21.8B, growing to $21.6B next year.
Have analysts been upgrading or downgrading M lately?+
As of Jul, 2 of 12 firms rate M a Buy (9 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their M calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
