Macy's Inc. (M)
Macy's Statistics
Share Statistics
Macy's has 277.72M shares outstanding. The number of shares has increased by 1.23% in one year.
| Shares Outstanding | 277.72M |
| Shares Change (YoY) | 1.23% |
| Shares Change (QoQ) | 0.09% |
| Owned by Institutions (%) | 81.68% |
| Shares Floating | 275.64M |
| Failed to Deliver (FTD) Shares | 53.82K |
| FTD / Avg. Volume | 0.77% |
Short Selling Information
The latest short interest is 15.89M, so 5.72% of the outstanding shares have been sold short.
| Short Interest | 15.89M |
| Short % of Shares Out | 5.72% |
| Short % of Float | 5.77% |
| Short Ratio (days to cover) | 2.65 |
Valuation Ratios
The PE ratio is 7.53 and the forward PE ratio is 6.63. Macy's's PEG ratio is 0.02.
| PE Ratio | 7.53 |
| Forward PE | 6.63 |
| 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 Inc. has an Enterprise Value (EV) of 10.42B.
| EV / Earnings | 17.9 |
| EV / Sales | 0.45 |
| EV / EBITDA | 5.68 |
| EV / EBIT | 11.46 |
| EV / FCF | 13.71 |
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 |
| Total Debt / Capitalization | 55.62 |
| Cash Flow / Debt | 0.22 |
| Interest Coverage | 7.9 |
Financial Efficiency
Return on equity (ROE) is 0.13% and return on capital (ROIC) is 6.76%.
| Return on Equity (ROE) | 0.13% |
| Return on Assets (ROA) | 0.04% |
| Return on Capital (ROIC) | 6.76% |
| Revenue Per Employee | $244,253.58 |
| Profits Per Employee | $6,179.07 |
| Employee Count | 94,189 |
| Asset Turnover | 1.4 |
| Inventory Turnover | 3.08 |
Taxes
| Income Tax | 181M |
| Effective Tax Rate | 0.24 |
Stock Price Statistics
The stock price has increased by -34.07% in the last 52 weeks. The beta is 2.11, so Macy's's price volatility has been higher than the market average.
| Beta | 2.11 |
| 52-Week Price Change | -34.07% |
| 50-Day Moving Average | 14.37 |
| 200-Day Moving Average | 15.84 |
| Relative Strength Index (RSI) | 41.35 |
| Average Volume (20 Days) | 7M |
Income Statement
In the last 12 months, Macy's had revenue of 23.01B and earned 582M in profits. Earnings per share was 2.07.
| Revenue | 23.01B |
| Gross Profit | 9.27B |
| Operating Income | 909M |
| Net Income | 582M |
| EBITDA | 1.83B |
| EBIT | 909M |
| Earnings Per Share (EPS) | 2.07 |
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 | 15.71% |
| FCF Yield | 20.77% |
Analyst Forecast
The average price target for M is $17, which is 29% higher than the current price. The consensus rating is "Hold".
| Price Target | $17 |
| Price Target Difference | 29% |
| 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 | 1.95 |
| Piotroski F-Score | 7 |