Investing Insights:
- Macy's (M, Financial) shares are significantly undervalued, presenting a favorable investment opportunity.
- Current stock price is 39% below intrinsic value, enhancing its appeal.
- Analyst consensus implies potential upside of over 12% in the coming year.
Analyst Upgrade and Valuation
Macy's Inc. (M) has recently received an upgrade from analysts, moving from a "hold" to a "buy" recommendation. This shift underscores the belief that the stock is considerably undervalued. With the intrinsic value pegged at $18.15, the current trading level positions the stock 39% below this intrinsic value, making it an attractive prospect for investors. Macy's price-to-book ratio of 0.68 further highlights its potential as a lucrative investment opportunity in the retail sector.
Wall Street Analysts' Forecasts
The consensus among nine Wall Street analysts projects an average one-year price target of $12.89 for Macy's Inc (M, Financial), with estimates ranging from a low of $6.00 to a high of $17.00. This average target suggests a potential upside of 12.91% from the current stock price of $11.42. For more detailed estimates, investors can visit the Macy's Inc (M) Forecast page.
Brokerage recommendations also play a crucial role in shaping investment decisions. Currently, the average recommendation from 12 brokerage firms for Macy's is 2.9, translating to a "Hold" status. The rating scale these firms use ranges from 1 (Strong Buy) to 5 (Sell), providing a nuanced understanding of the stock's standing.
GuruFocus Insights and GF Value
According to GuruFocus, the estimated GF Value of Macy's Inc (M, Financial) over the next year is projected at $15.35. This estimate indicates a potential upside of 34.47% from the current price of $11.415. The GF Value is derived from historical trading multiples, past business growth, and future performance estimates, offering a comprehensive view of what the stock should ideally trade at.
Investors seeking more in-depth analysis and data can explore the Macy's Inc (M, Financial) Summary page for detailed insights.
