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Macy's (M) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest trading session, Macy's (M - Free Report) closed at $17.17, marking a -1.72% move from the previous day. This move lagged the S&P 500's daily loss of 1.52%. Meanwhile, the Dow lost 1.56%, and the Nasdaq, a tech-heavy index, lost 1.78%.
The department store operator's shares have seen a decrease of 19.6% over the last month, not keeping up with the Retail-Wholesale sector's loss of 1.95% and the S&P 500's loss of 2.25%.
Analysts and investors alike will be keeping a close eye on the performance of Macy's in its upcoming earnings disclosure. The company's earnings report is set to go public on March 18, 2026. The company is predicted to post an EPS of $1.55, indicating a 13.89% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $7.52 billion, down 3.14% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.2 per share and revenue of $21.65 billion. These totals would mark changes of -16.67% and -2.89%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Macy's. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 3.91% decrease. Macy's presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Macy's is currently trading at a Forward P/E ratio of 8.12. This expresses a discount compared to the average Forward P/E of 10.7 of its industry.
The Retail - Regional Department Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 227, finds itself in the bottom 8% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow M in the coming trading sessions, be sure to utilize Zacks.com.
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Macy's (M) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest trading session, Macy's (M - Free Report) closed at $17.17, marking a -1.72% move from the previous day. This move lagged the S&P 500's daily loss of 1.52%. Meanwhile, the Dow lost 1.56%, and the Nasdaq, a tech-heavy index, lost 1.78%.
The department store operator's shares have seen a decrease of 19.6% over the last month, not keeping up with the Retail-Wholesale sector's loss of 1.95% and the S&P 500's loss of 2.25%.
Analysts and investors alike will be keeping a close eye on the performance of Macy's in its upcoming earnings disclosure. The company's earnings report is set to go public on March 18, 2026. The company is predicted to post an EPS of $1.55, indicating a 13.89% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $7.52 billion, down 3.14% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.2 per share and revenue of $21.65 billion. These totals would mark changes of -16.67% and -2.89%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Macy's. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 3.91% decrease. Macy's presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Macy's is currently trading at a Forward P/E ratio of 8.12. This expresses a discount compared to the average Forward P/E of 10.7 of its industry.
The Retail - Regional Department Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 227, finds itself in the bottom 8% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow M in the coming trading sessions, be sure to utilize Zacks.com.