Macy's Inc. (M)
Macy's Statistics
Share Statistics
Macy's has 278.57M shares outstanding. The number of shares has increased by 0.47% in one year.
| Shares Outstanding | 278.57M |
| Shares Change (YoY) | 0.47% |
| Shares Change (QoQ) | 0.03% |
| Owned by Institutions (%) | 81.73% |
| Shares Floating | 276.24M |
| Failed to Deliver (FTD) Shares | 346 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 17.29M, so 6.23% of the outstanding shares have been sold short.
| Short Interest | 17.29M |
| Short % of Shares Out | 6.23% |
| Short % of Float | 7.12% |
| Short Ratio (days to cover) | 2.87 |
Valuation Ratios
The PE ratio is 7.53 and the forward PE ratio is 5.3. Macy's's PEG ratio is 0.02.
| PE Ratio | 7.53 |
| Forward PE | 5.3 |
| PS Ratio | 0.19 |
| Forward PS | 0.2 |
| PB Ratio | 0.96 |
| P/FCF Ratio | 5.76 |
| PEG Ratio | 0.02 |
Enterprise Valuation
Macy's has an Enterprise Value (EV) of 8.78B.
| EV / Sales | 0.38 |
| EV / EBITDA | 4.79 |
| EV / EBIT | 6.87 |
| EV / FCF | 11.55 |
Financial Position
The company has a current ratio of 1.43, with a Debt / Equity ratio of 1.25.
| Current Ratio | 1.43 |
| Quick Ratio | 0.44 |
| Debt / Equity | 1.25 |
| Debt / EBITDA | 3.11 |
| Debt / FCF | 7.51 |
| Interest Coverage | 7.9 |
Financial Efficiency
Return on Equity is 12.79% and Return on Invested Capital is 5.83%.
| Return on Equity | 12.79% |
| Return on Assets | 3.55% |
| Return on Invested Capital | 5.83% |
| Revenue Per Employee | $244.25K |
| Profits Per Employee | $6.18K |
| Employee Count | 94,189 |
| Asset Turnover | 1.4 |
| Inventory Turnover | 3.08 |
Taxes
| Income Tax | 181M |
| Effective Tax Rate | 23.72% |
Stock Price Statistics
The stock price has increased by -41.6% in the last 52 weeks. The beta is 1.75, so Macy's's price volatility has been higher than the market average.
| Beta | 1.75 |
| 52-Week Price Change | -41.6% |
| 50-Day Moving Average | 13.38 |
| 200-Day Moving Average | 15.3 |
| Relative Strength Index (RSI) | 39.03 |
| Average Volume (20 Days) | 8.51M |
Income Statement
In the last 12 months, Macy's had revenue of 23.01B and earned 582M in profits. Earnings per share was 2.1.
| Revenue | 23.01B |
| Gross Profit | 9.27B |
| Operating Income | 909M |
| Net Income | 582M |
| EBITDA | 1.83B |
| EBIT | 878M |
| Earnings Per Share (EPS) | 2.1 |
Balance Sheet
The company has 1.31B in cash and 5.71B in debt, giving a net cash position of -4.4B.
| Cash & Cash Equivalents | 1.31B |
| Total Debt | 5.71B |
| Net Cash | -4.4B |
| Retained Earnings | 0 |
| Total Assets | 16.4B |
| Working Capital | 1.96B |
Cash Flow
In the last 12 months, operating cash flow was 1.28B and capital expenditures -518M, giving a free cash flow of 760M.
| Operating Cash Flow | 1.28B |
| Capital Expenditures | -518M |
| Free Cash Flow | 760M |
| FCF Per Share | 2.7 |
Margins
Gross margin is 40.28%, with operating and profit margins of 3.95% and 2.53%.
| Gross Margin | 40.28% |
| Operating Margin | 3.95% |
| Pretax Margin | 3.32% |
| Profit Margin | 2.53% |
| EBITDA Margin | 7.97% |
| EBIT Margin | 3.95% |
| FCF Margin | 3.3% |
Dividends & Yields
M pays an annual dividend of $0.88, which amounts to a dividend yield of 5.38%.
| Dividend Per Share | $0.88 |
| Dividend Yield | 5.38% |
| Dividend Growth (YoY) | 5.01% |
| Payout Ratio | 42.38% |
| Earnings Yield | 13.29% |
| FCF Yield | 17.35% |
Analyst Forecast
The average price target for M is $16, which is 43.9% higher than the current price. The consensus rating is "Hold".
| Price Target | $16 |
| Price Target Difference | 43.9% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
Stock Splits
The last stock split was on Jun 12, 2006. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 12, 2006 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 1.92 |
| Piotroski F-Score | 7 |