15-min delayed · Sep 11, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 11 firms covering Macy’s Inc, 2 rate it Buy or better, 8 sit at Hold, and 1 rate it Sell or worse, a hold consensus. The target range is very wide, $10.00 to $30.00 (about 3.0x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $23.33 sits 6% above the current $22.08. 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 $2.37 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS11 ratings
Hold
Strong Buy00%
Buy218%
Hold873%
Sell19%
Strong Sell00%
Based on 11 analysts giving stock ratings to Macy’s Inc.
As of Sep, 2 of 11 firms rate M a Buy (8 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 – $0.07 · 13 analysts · -163% YoY
Next period, 13 analysts expect Macy’s Inc to earn $-0.06 a share (range $-0.20 – $0.07), versus $0.09 a year earlier. Full-year consensus is $2.25, growing to $2.37 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), -1.3% 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
Jay Sole
UBS · Rank #176
Sell
$10.00-54.7% to target
Overall win rate
42%
+ Follow
#2
Mike Hickey
Benchmark · Rank #382
Buy
No targeton M
Overall win rate
36%
+ Follow
#3
Dana Telsey
Telsey Advisory Group · Rank #434
Hold
$23.00+4.2% to target
Overall win rate
18%
+ Follow
#4
Paul Lejuez
Citigroup
Hold
$24.00+8.7% to target
Coverage
—
+ Follow
#5
Brooke Roach
Goldman Sachs
Hold
$22.00-0.4% to target
Coverage
—
+ Follow
M stock forecast FAQ
What is M's average 12-month price target?+
The 9 analysts with a live target average $23.33 for Macy’s Inc over the next 12 months, ranging from a $30.00 high to a $10.00 low.
Is M stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 11 analyst ratings, 2 are Buy or Strong Buy, 8 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 $10.00 (UBS). The average of all 9 active targets is $23.33.
How many Wall Street analysts cover M?+
11 analysts have an active rating on Macy’s Inc, and 9 firms carry a live 12-month price target.
Who is the most accurate analyst covering M?+
Among analysts who currently cover M, Jay Sole of UBS has the strongest overall Quantellect track record (Rank #176). Their current call is Sell with a $10.00 target.
What is Macy’s Inc's projected EPS for next quarter?+
The consensus estimate is $-0.06 per share (range $-0.20 – $0.07) across 13 analysts. Full-year EPS is projected at $2.25, rising to $2.37 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 Sep, 2 of 11 firms rate M a Buy (8 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.