For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Macy’s Inc’s stock clocked out at $16.29, up 0.18% from its previous closing price of $16.26. In other words, the price has increased by $0.18 from its previous closing price. On the day, 4.91 million shares were traded. M stock price reached its highest trading level at $16.59 during the session, while it also had its lowest trading level at $16.12.
Ratios:
To gain a deeper understanding of M’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 1.40 whereas as Long-Term Debt/Eq ratio is at 1.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on August 22, 2024, Reiterated its Market Perform rating but revised its target price to $17 from $21 previously.
On February 29, 2024, TD Cowen Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $23 to $20.
Telsey Advisory Group reiterated its Market Perform rating for the stock on February 28, 2024, while the target price for the stock was revised from $15 to $21.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 05 ’24 when Griscom Paul sold 1,201 shares for $15.23 per share. The transaction valued at 18,291 led to the insider holds 29,232 shares of the business.
Griscom Paul bought 4,085 shares of M for $62,500 on Sep 05 ’24. On Aug 23 ’24, another insider, Mitchell Adrian V, who serves as the EVP, COO & CFO of the company, sold 12,000 shares for $15.92 each. As a result, the insider received 191,076 and left with 108,457 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, M now has a Market Capitalization of 4518406144 and an Enterprise Value of 9884412928. As of this moment, Macy’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.06, and their Forward P/E ratio for the next fiscal year is 6.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 0.42 whereas that against EBITDA is 5.103.
Stock Price History:
Over the past 52 weeks, M has reached a high of $22.10, while it has fallen to a 52-week low of $10.59. The 50-Day Moving Average of the stock is 4.85%, while the 200-Day Moving Average is calculated to be -9.61%.
Shares Statistics:
It appears that M traded 5.75M shares on average per day over the past three months and 4197630 shares per day over the past ten days. A total of 277.37M shares are outstanding, with a floating share count of 275.30M. Insiders hold about 0.75% of the company’s shares, while institutions hold 76.64% stake in the company. Shares short for M as of 1727654400 were 13665239 with a Short Ratio of 2.38, compared to 1724976000 on 15850241. Therefore, it implies a Short% of Shares Outstanding of 13665239 and a Short% of Float of 5.6399997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.678, M has a forward annual dividend rate of 0.69. Against a Trailing Annual Dividend Yield of 0.041697416The stock’s 5-year Average Dividend Yield is 7.85.
