Macy’s IncM
▼ Negativerelevance
Shares fell 1.55%, underperforming the S&P 500, but no specific cause given; only a price move.
Impact on stocks 1
Consumer Discretionary
Macy’s IncMacy's shares fall 1.55%, underperforming the S&P 500
Analyst
Macy's shares dropped 1.55% to close at $24.76, trailing the S&P 500's 1.52% decline. The department store operator had gained 6.79% over the past month, outpacing the Retail-Wholesale sector's 1.87% rise. Analysts expect Macy's to report earnings per share of $0.35 on revenue of $4.81 billion in its upcoming report, with full-year consensus estimates at $2.19 per share and $21.76 billion in revenue. The stock holds a Zacks Rank of #1, or Strong Buy, and trades at a forward price-to-earnings ratio of 11.47, a discount to its industry's average of 15.35.
Macy’s IncShares fell 1.55%, underperforming the S&P 500, but no specific cause given; only a price move.