Macy’s (NYSE:M) Receives “Market Perform” Rating from Telsey Advisory Group

Macy’s (NYSE:M)‘s stock had its “market perform” rating restated by Telsey Advisory Group in a research report issued on Wednesday,Benzinga reports. They currently have a $25.00 price target on the stock. Telsey Advisory Group’s target price points to a potential upside of 37.96% from the company’s previous close.

Several other research analysts have also weighed in on M. The Goldman Sachs Group increased their target price on Macy’s from $16.50 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. TD Cowen restated a “hold” rating on shares of Macy’s in a research note on Thursday, December 4th. UBS Group raised their price objective on Macy’s from $8.00 to $9.00 and gave the stock a “sell” rating in a report on Monday, March 9th. Guggenheim began coverage on Macy’s in a research note on Tuesday, December 9th. They issued a “neutral” rating on the stock. Finally, Morgan Stanley boosted their target price on Macy’s from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Friday, December 5th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $20.00.

Macy’s Price Performance

Shares of NYSE:M opened at $18.12 on Wednesday. Macy’s has a one year low of $9.76 and a one year high of $24.41. The stock has a market cap of $4.82 billion, a PE ratio of 10.60 and a beta of 1.51. The business’s fifty day moving average price is $20.56 and its two-hundred day moving average price is $20.05. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.18 and a current ratio of 1.25.

Macy’s (NYSE:M) last released its earnings results on Wednesday, March 18th. The company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.12. The business had revenue of $7.92 billion for the quarter, compared to analysts’ expectations of $7.48 billion. Macy’s had a net margin of 2.10% and a return on equity of 15.57%. The company’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period last year, the company earned $1.80 earnings per share. On average, analysts forecast that Macy’s will post 2.39 EPS for the current fiscal year.

Hedge Funds Weigh In On Macy’s

Institutional investors and hedge funds have recently bought and sold shares of the stock. Strengthening Families & Communities LLC acquired a new position in shares of Macy’s during the fourth quarter worth $28,000. V Square Quantitative Management LLC purchased a new stake in Macy’s during the 4th quarter worth $29,000. Cullen Frost Bankers Inc. purchased a new stake in Macy’s during the 3rd quarter worth $31,000. Smartleaf Asset Management LLC lifted its holdings in Macy’s by 51.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the company’s stock worth $34,000 after buying an additional 526 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in Macy’s by 41.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,023 shares of the company’s stock worth $37,000 after buying an additional 592 shares in the last quarter. Hedge funds and other institutional investors own 87.36% of the company’s stock.

Key Macy’s News

Here are the key news stories impacting Macy’s this week:

• Positive Sentiment: Q4 earnings beat — Macy’s reported $1.67 EPS vs. analyst consensus $1.55, topping estimates and underpinning upside momentum. Macy’s Stock Jumps on Earnings Beat
• Positive Sentiment: Same‑store sales improvement led by Bloomingdale’s — Macy’s reported an unexpected rise in comps for the holiday quarter, with Bloomingdale’s contributing meaningfully to the turnaround narrative. Macy’s Same-Store Sales Boosted by Bloomingdale’s
• Positive Sentiment: Store‑refresh program showing early progress — Management said renovations and selective closures are contributing to comp growth, supporting the company’s turnaround strategy and long‑term margins. Macy’s expects sales to fall this year, even as store revamp shows progress
• Positive Sentiment: Unusual options activity — Heavy call buying (roughly a 142% increase vs. typical volume) the day before earnings suggests some traders were positioned for upside, a short‑term bullish signal for sentiment.
• Neutral Sentiment: Company materials posted — Full press release and slide deck are available for investors to review detailed results and guidance assumptions. Macy’s Press Release
• Negative Sentiment: Cautious full‑year outlook — Management forecast weaker annual revenue and profit amid tight consumer spending, and signaled sales may decline this year, which is pressuring the share price despite the beat. Macy’s forecasts weak annual sales, profit; sees tariff relief
• Negative Sentiment: Mixed guidance tone — Analysts and coverage note that strong Q4 results were partly offset by softer guidance for FY26, creating uncertainty around near‑term earnings growth and multiple expansion. Fed Day, Macy’s earnings…

Macy’s Company Profile

Macy’s, Inc is a leading American omnichannel retailer operating under the Macy’s brand, as well as specialty divisions Bloomingdale’s and Bluemercury. The company’s retail portfolio encompasses full-line department stores, fashion-focused specialty outlets and a high-end beauty chain, offering consumers a wide array of apparel, footwear, accessories, cosmetics and home furnishings. Through its integrated network of physical stores and digital platforms, Macy’s seeks to deliver a seamless shopping experience that blends in-store service with online convenience.

The company’s product assortment spans men’s, women’s and children’s clothing, beauty and personal care products, housewares and home décor.