Forecast for Fri 14 Jun 2024 price 19.20
Macy s Inc. stock price forecast for further price development down to -0.02% (time horizon: 1 day) and price target of 19.08 USD. Short-term (time horizon: 2 weeks) Macy s Inc. share price prediction for 2024-06-14 with daily closed price projections
Forecast price change %
Relative Strength Index (RSI)
Revenue 19,814,000,000.0
Earnings per share -0.83
On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.
The Company and its predecessors have been operating department stores since 1830. 6 Future of Work The workplace is evolving and so is Macy's. Eligible colleagues have varied medical plan options to meet individual needs. 11 Our ability to grow depends in part on our stores remaining relevant to customers. We are in on-going discussions with Citibank concerning the credit card program. We gather and retain information about employees in the normal course of business. We believe these attack methods will continue to evolve. Our sales are significantly affected by discretionary spending by consumers. All owned properties are held free and clear of mortgages. Some of these agreements require that the stores be operated under a particular name. No administrative or judicial proceedings have been initiated. 22 Item 6.Selected Financial Data. The Company reduced corporate and management headcount by approximately 3,900. As of January 30, 2021, substantially all occupancy payment deferrals have been paid. &# The Polaris strategy was designed for flexibility and this was greatly tested in 2020. The gross margin rate in 2020 was 29.2% compared to 38.2% in 2019. The Company's liquidity was negatively impacted by store closures. The ABL Parent guaranteed the ABL Borrower's obligations under the ABL Credit Facility. The Revolving ABL Facility matures on May 9, 2024. The following tables include combined financial information of the Obligor Group. Item 14.Principal Accountant Fees and Services. Information called for by this item is set forth under "Item 2. ROU assets are tested for impairment in the same manner as long-lived assets. The Company adopted this guidance in the first quarter of fiscal 2020. Management's Discussion & Analysis of Financial Conditions and Results of Operations. See Note 7, "Financing," for further discussion on these activities. &# Substantially all of this severance was paid as of January 30, 2021. The total cash cost for the tender offer was $789 million. The dividend yield assumption was based on historical and anticipated dividend payouts. F-45 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 14. I have reviewed this Annual Report on Form 10-K of Macy\'s, Inc.; 2. 1110 4444 %%%% M!1110 4444 %%%% ! Y_^111Y]W_ ,^8 M_P"_H_PH M455\\^[_P"?(?\\ ? 111 M0 4444 %%%% $Q44 16]O#:6T=M;1)%!$H2.-%PJJ. =+L_P#\'ON_K6OJ6@Z5JZD7]A!.V,;V7#CZ,.1^! DD^P!K- MUV5?&][::=I"/_Q+[M);NZE4Q- .?E"MA]QPV,@?A\\8W+MZ/%!97\\[6U_ M%B)? GWE967/WE;T^E \'8;U M]11O7U%?BY^U)XK_ &Q?V5=?\\KQ#\\2]?U3PY/(18^([#;]EG_P!AOD_=2?[# \\-__M#?]%7U_P#[ZC_^(H _HBWKZBCOJ*_G=_X _M"_\\ 15]? M%/[&?[3?[,%Y)KNF:-KMG\'"=QUCP;?M/M_VF\\AO-5?=EH _?:
Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.
Institutional ownership list is based on filling form information
| Holding name | Date | Amount |
|---|---|---|
| A - BARCLAYS PLC | 2023-06-30 | 1052600 |
| A - OSAIC HOLDINGS, INC. | 2023-06-30 | 42490 |
| Venture Visionary Partners LLC | 2023-06-30 | 37185 |
| Front Row Advisors LLC | 2023-03-31 | 200 |
| B. Riley Wealth Advisors, Inc. | 2022-12-31 | 21988 |
Fund ownership list is based on filling form information
| Fund name | Date | Amount | Profile |
|---|---|---|---|
| Pacer Funds Trust | 2023-07-31 | 47410 | Long |
| Voya Equity Trust | 2023-11-30 | 39733 | Long |
| Prudential Investment Portfolios 3 | 2023-11-30 | 66300 | Long |
| iShares Trust | 2023-11-30 | 131527 | Long |
| Putnam Asset Allocation Funds | 2023-11-30 | 3502 | Long |
Insider trading for Macy s Inc.
| CIK | Name | Date | Action | T-Test 1day | T-Test 7day | T-Test 14day | T-Test 30day |
|---|---|---|---|---|---|---|---|
| 1813891 | Griscom Paul | 2024-03-26 | SALE | Reject | Reject | Reject | Accept |
| 1830542 | Mitchell Adrian V | 2024-03-26 | SALE | Accept | Accept | Accept | Accept |
| 1702551 | Spring Antony | 2024-03-26 | SALE | Accept | Reject | Reject | Accept |
| 1457264 | Gennette Jeffrey | 2024-03-26 | SALE | Accept | Accept | Accept | Accept |
Bollinger Bollinger Bands for Macy s Inc. can provide the information where the market is moving based on price information.
Macy s Inc. Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.
Converting prices to returns Macy s Inc..
On-Balance Volume information for Macy s Inc.. On-Balance Volume information can be an indicator for bullish or bearish outcome.
Accumulation / Distribution (A/D) indicator information for Macy s Inc.. The indicator identify divergences between price and volume flow.
Aroon Oscillator information for Macy s Inc.. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.
Average Directional Index (ADX) information for Macy s Inc.. The index can be used to identify the strengh of a trend.
Moving Average Convergence Divergence (MACD) for Macy s Inc.. The indicator helps to predict trend direction and the momentum of the trend.
Stochastic Oscillator as momentum indicator for Macy s Inc.. The indicator is useful for identifying overbought and oversold levels.
Relative Strength Index (RSI) for Macy s Inc.. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].
Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.
The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.
The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.
Moving Average Crossover
| 52W High | 52W Low | Market Cap |
| Date | Closing price | Prediction was updated |
|---|---|---|
| 2024-05-24 | 19.08 | 2024-04-20 05:21 |
| 2024-05-21 | 19.02 | 2024-04-20 05:21 |
| 2024-05-22 | 19.04 | 2024-04-20 05:21 |
| 2024-05-23 | 19.06 | 2024-04-20 05:21 |
| 2024-05-29 | 19.08 | 2024-04-20 05:21 |
| 2024-06-06 | 19.15 | 2024-04-20 05:21 |
| 2024-05-30 | 19.10 | 2024-04-20 05:21 |
| 2024-06-05 | 19.14 | 2024-04-20 05:21 |
| 2024-05-20 | 19.00 | 2024-04-20 05:21 |
| 2024-05-27 | 19.07 | 2024-04-20 05:21 |
| 2024-05-28 | 19.07 | 2024-04-20 05:21 |
| 2024-05-31 | 19.11 | 2024-04-20 05:21 |
| 2024-06-03 | 19.12 | 2024-04-20 05:21 |
| 2024-06-04 | 19.12 | 2024-04-20 05:21 |
| 2024-06-10 | 19.17 | 2024-04-20 05:21 |
| 2024-06-07 | 19.16 | 2024-04-20 05:21 |
| 2024-06-12 | 19.19 | 2024-04-20 05:21 |
| 2024-06-13 | 19.20 | 2024-04-20 05:21 |
| 2024-06-11 | 19.18 | 2024-04-20 05:21 |
| 2024-06-14 | 19.20 | 2024-04-20 05:21 |
| 2024-05-13 | 18.99 | 2024-04-20 05:21 |
| 2024-05-14 | 19.00 | 2024-04-20 05:21 |
| 2024-04-30 | 18.81 | 2024-04-20 05:21 |
| 2024-05-15 | 18.97 | 2024-04-20 05:21 |
| 2024-04-24 | 18.82 | 2024-04-20 05:21 |
| 2024-04-25 | 18.90 | 2024-04-20 05:21 |
| 2024-05-16 | 18.97 | 2024-04-20 05:21 |
| 2024-04-26 | 18.89 | 2024-04-20 05:21 |
| 2024-05-08 | 18.93 | 2024-04-20 05:21 |
| 2024-05-09 | 18.91 | 2024-04-20 05:21 |
| 2024-05-17 | 18.99 | 2024-04-20 05:21 |
| 2024-04-22 | 18.61 | 2024-04-20 05:21 |
| 2024-04-23 | 18.76 | 2024-04-20 05:21 |
| 2024-04-29 | 18.86 | 2024-04-20 05:21 |
| 2024-05-01 | 18.73 | 2024-04-20 05:21 |
| 2024-05-02 | 18.74 | 2024-04-20 05:21 |
| 2024-05-03 | 18.81 | 2024-04-20 05:21 |
| 2024-05-06 | 18.90 | 2024-04-20 05:21 |
| 2024-05-07 | 18.97 | 2024-04-20 05:21 |
| 2024-05-10 | 18.96 | 2024-04-20 05:21 |
The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.
