Macy's (M) PT Lowered to $14 at Citi

JPMorgan Downgrades Macy's (M) to Neutral

March 6, 2025 3:52 PM EST

JPMorgan analyst Matthew Boss downgraded Macy's (NYSE: M) from Overweight to Neutral with a price target of $14.00 (from $19.00).

The analyst comments "M reported 4Q24 adj. EPS of $1.80 (above Street $1.54) comprised of +0.2% owned/licensed/marketplace same-store-sales (vs. Street +0.6%) and 8.4% EBIT margins (vs. Street 7.4%).... More

Macy's (M) PT Lowered to $13 at CFRA

March 6, 2025 3:40 PM EST

CFRA analyst Zachary Warring lowered the price target on Macy's (NYSE: M) to $13.00 (from $15.00) while maintaining a Hold rating.

The analyst comments "We lower our 12-month price target by $2 to $13, based on 6.0x our FY 26 (Jan.) EPS estimate, in between the company's... More

Macy's (M) PT Raised to $13 at Gordon Haskett

March 6, 2025 2:43 PM EST

Gordon Haskett analyst Chuck Grom raised the price target on Macy's (NYSE: M) to $13.00 while maintaining a Hold (3) rating.... More

Citi Reiterates Neutral Rating on Macy's (M)

March 6, 2025 10:21 AM EST

Citi analyst Paul Lejuez reiterated a Neutral rating and $16.00 price target on Macy's (NYSE: M).

The analyst comments "4Q EPS were above consensus, driven primarily by lower than SG&A. Guidance for F25 of $2.05-2.25 is below consensus of $2.29 and 1Q25... More

Macy's slides on weak 2025 earnings forecast; Q4 profit tops estimates

March 6, 2025 7:13 AM EST

Investing.com -- Macy's (NYSE: M) reported mixed results for its fourth quarter of fiscal 2024 and missed analyst expectations for annual earnings guidance, sending its shares about 1% lower in the Thursday premarket trade.

For Q4 2024, the department store operator reported earnings per share (EPS) of $1.80, trumping analyst estimates of $1.54. Revenue for the period totaled $7.77 billion, roughly in line with the expected $7.78 billion.

Comparable sales... More

Macy's forecasts 2025 sales, profit below estimates on inflation, tariff uncertainty

March 6, 2025 6:58 AM EST

By Ananya Mariam Rajesh

(Reuters) - Macy's forecast annual sales and profit below Wall Street expectations on Thursday, reflecting a broader trend among U.S. retailers grappling with reduced consumer spending amid the added pressure of new trade restrictions.

Shares of the company were down 3% in early trading.

The department-store chain, which sources a significant portion of its self-branded goods from China, is also expected to take a hit as President Donald Trump's newly announced tariffs will likely place an additional burden on already... More

Macy's (M) Tops Q4 EPS by 26c, Misses on Revenue; Offers FY26 Guidance

March 6, 2025 6:56 AM EST

Macy's (NYSE: M) reported Q4 EPS of $1.80, $0.26 better than the analyst estimate of $1.54. Revenue for the quarter came in at $7.77 billion versus the consensus estimate of $7.78 billion.

GUIDANCE:

Macy's sees FY2026 EPS of $2.05-$2.25, versus the consensus of $2.32. Macy's sees... More

Macy's (M) call put ratio 9 calls to 1 put with a focus on March 7 weekly 13.50 and 14 calls into quarter results

March 5, 2025 10:51 AM EST

Macy's (NYSE: M) March 7 weekly call option implied volatility is at , March is at ; compared to its 52-week range of 34 to 64 into the expected release of quarter results before the bell on March 6. Call put ratio 9 calls to 1 put with a focus on March 7 weekly 13.50 and 14 calls.

... More