Macys Inc (M) : During the past 4 weeks, traders have been relatively bearish on Macys Inc (M), hence the stock is down -9.99% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.36% relative to the S&P 500. The stock has risen by 0.17% in the past week indicating that the buyers are active at lower levels, but the stock is down -11.81% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 4.28% and the 50-Day Moving Average is 1.51%.The 200 Day SMA reached 3.7% Macys, Inc. is up 8.1% in the last 3-month period. Year-to-Date the stock performance stands at 4.72%.
Macys Inc (M) stock is expected to deviate a maximum of $3.33 from the average target price of $41 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $48 and the most muted being $37.
For the current week, the company shares have a recommendation consensus of Buy. Macys Inc (NYSE:M): stock was range-bound between the intraday low of $35.19 and the intraday high of $35.73 after having opened at $35.37 on Fridays session. The stock finally closed in the red at $35.37, a loss of -0.06%. The stock remained in the red for the whole trading day. The total traded volume was 9,439,931 shares. The stock failed to cross $35.73 in Fridays trading. The stocks closing price on Thursday was $35.56.
Macys, Inc. is an omnichannel retail company operating stores, Websites (macys.com, bloomingdales.com and bluemercury.com) and mobile. As of January 31, 2015, the operations of the Company included 823 stores with an area of approximately 147,400,000 square feet in 45 states of the United States, the District of Columbia, Guam and Puerto Rico. Of these 823 stores, 447 were owned, 267 were leased and 109 stores were operated under arrangements where the Company owned the building and leased the land. The Company operates its stores under the names of Macys, Bloomingdales, Bloomingdales Outlet and Bluemercury. The Company operates 13 Bloomingdales outlet stores. Bloomingdales in Dubai, the United Arab Emirates is operated under a license agreement with Al Tayer Insignia, a company of Al Tayer Group, LLC.