Analyst Summary You Should Be Viewing Today: ARRIS International plc (NASDAQ:ARRS), Macy’s, Inc. (NYSE:M)

ARRIS International plc (NASDAQ:ARRS) showed a growth of 1.78% from the market’s prior closing price. That gain sent the price at $29.71 per share as of January 13,2017 when the total trading capacity was higher compared with their three months average volume of 1.58M shares. The consensus analyst PT for this stock has now been moved to $35.00.

ARRIS International plc (ARRS) Price Indications

The firm keeps price-to-earnings ratio at – in 12 months. In last trade, the intraday high was $29.81, putting the share price -5.74% below its 52-week high and trades 48.18% higher from the lowest price they have traded at during the previous year. It turned higher 1.16% from its 50-day simple moving average. The current price is up 13.07% from the average market prices over a 200-day period.

ARRIS International plc (NASDAQ:ARRS) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 2 suggested Buy, 5 said Outperform and 1 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 0 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 1.88, according to Thomson Reuters data.

On January 13,2017, Macy’s, Inc. (NYSE:M) closed session down at $29.88 with -0.33%. The institutional holdings in the company makes up 88.60% while the Beta factor is 0.80. The stock’s RSI (Relative Strength Index) reached 18.61.

Macy’s, Inc. (M) Price Potential

In recent trade, the price was -17.37% down its 200 day moving average and was brought -22.51% down versus its 50-day simple moving average. The stock exchanged hands at a volume of 5.85M shares whereas, the average volume was 6.67M shares. In the past 12 months, the share price floated in the $29.01 -$44.99 range. The market capitalization arrived at market cap 9.16 billion. After the day trading kicked off at $29.92, the stock was seen approaching $29.66 as its bottom price and $30.00 as its intraday high price. In previous session, the price was settled at $29.98.

Macy’s, Inc. (NYSE:M) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 3 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 18 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 0 analysts and ‘Overweight’ verdict was shared by 1 analysts. The company has a Mean Recommendation of 2.68 based on a scale of 1-5 provided by Thomson Reuters.

Important Analyst Assessments of Two Stocks: Macy’s, Inc. (NYSE:M), Zynga Inc. (NASDAQ:ZNGA)

Macy’s, Inc. (NYSE:M) showed a decline of -1.16% from the market’s prior closing price. That fall sent the price at $29.95 per share as of January 11,2017 when the total trading capacity was higher compared with their three months average volume of 6.55M shares. The consensus analyst PT for this stock has now been moved to $37.60.

Macy’s, Inc. (M) Price Indications

The firm keeps price-to-earnings ratio at 13.69 in 12 months. In last trade, the intraday high was $30.53, putting the share price -33.42% below its 52-week high and trades 3.23% higher from the lowest price they have traded at during the previous year. It turned lower -22.78% from its 50-day simple moving average. The current price is down -17.47% from the average market prices over a 200-day period.

Macy’s, Inc. (NYSE:M) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 3 suggested Buy, 1 said Outperform and 18 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 0 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 2.68, according to Thomson Reuters data.

On January 11,2017, Zynga Inc. (NASDAQ:ZNGA) closed session up at $2.63 with 1.15%. The institutional holdings in the company makes up 78.80% while the Beta factor is 1.25. The stock’s RSI (Relative Strength Index) reached 43.91.

Zynga Inc. (ZNGA) Price Potential

In recent trade, the price was -2.35% down its 200 day moving average and was brought -5.31% down versus its 50-day simple moving average. The stock exchanged hands at a volume of 8.81M shares whereas, the average volume was 10.46M shares. In the past 12 months, the share price floated in the $1.78 -$3.08 range. The market capitalization arrived at market cap 2.29 billion. After the day trading kicked off at $2.59, the stock was seen approaching $2.57 as its bottom price and $2.64 as its intraday high price. In previous session, the price was settled at $2.60.

Zynga Inc. (NASDAQ:ZNGA) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 4 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 8 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 3 analysts and ‘Overweight’ verdict was shared by 2 analysts. The company has a Mean Recommendation of 2.59 based on a scale of 1-5 provided by Thomson Reuters.

Analyst Summary You Should Be Viewing Today: MGIC Investment Corporation (NYSE:MTG), Macy’s, Inc. (NYSE:M)

MGIC Investment Corporation (NYSE:MTG) showed a decline of -3.34% from the market’s prior closing price. That fall sent the price at $10.13 per share as of January 09,2017 when the total trading capacity was higher compared with their three months average volume of 5.19M shares. The consensus analyst PT for this stock has now been moved to $11.10.

MGIC Investment Corporation (MTG) Price Indications

The firm keeps price-to-earnings ratio at 12.73 in 12 months. In last trade, the intraday high was $10.33, putting the share price -6.12% below its 52-week high and trades 88.99% higher from the lowest price they have traded at during the previous year. It turned higher 7.39% from its 50-day simple moving average. The current price is up 29.85% from the average market prices over a 200-day period.

MGIC Investment Corporation (NYSE:MTG) Thorough Brokerage Views

There are numerous brokerage names which are spending time researching on this stock. Of them, 0 have a Sell, 5 suggested Buy, 4 said Outperform and 3 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 0 recommends the stock is “underperforming”. The company has a Consensus Recommendation of 1.83, according to Thomson Reuters data.

On January 09,2017, Macy’s, Inc. (NYSE:M) closed session down at $30.46 with -1.17%. The institutional holdings in the company makes up 88.60% while the Beta factor is 0.80. The stock’s RSI (Relative Strength Index) reached 22.03.

Macy’s, Inc. (M) Price Potential

In recent trade, the price was -16.35% down its 200 day moving average and was brought -21.86% down versus its 50-day simple moving average. The stock exchanged hands at a volume of 9.25M shares whereas, the average volume was 6.41M shares. In the past 12 months, the share price floated in the $29.01 -$44.99 range. The market capitalization arrived at market cap 9.32 billion. After the day trading kicked off at $30.88, the stock was seen approaching $30.35 as its bottom price and $30.99 as its intraday high price. In previous session, the price was settled at $30.82.

Macy’s, Inc. (NYSE:M) Analyst Point of Interest

There were more than a few analysts who recently mentioned the stock in their research. Currently the stock is holding a ‘Buy’ rating from 3 equity analysts. 0 Wall Street brokerages assign ‘Sell’ rating for the firm. 18 analysts are of a belief the stock is a ‘Hold’. ‘Underperform’ verdict was provided by 0 analysts and ‘Overweight’ verdict was shared by 1 analysts. The company has a Mean Recommendation of 2.68 based on a scale of 1-5 provided by Thomson Reuters.

Macy’s, Inc. (NYSE:M) Insider Activities Are in the Air

Macy’s, Inc. (NYSE:M), with -15.07% losses in previous 5 sessions, is under coverage of 22 analysts who collectively assign a hold rating on stock. 5 of the brokerages firms have a buy or better rating; the 0 sells versus 0 underperforms. The 20 stock analysts who cover the stock have an average PT at $37.1, with individual targets in the range of $31 to $45. The shares ended last trade at $30.82, implying that Wall Street analysts see shares climbing about 20.38 per cent in 12 months’ time.

Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have -13.93 retreated so far this year. A Director at Macy’s, Inc. (M) sold shares in a trading activity completed on Wednesday November 30, 2016. Weatherup Craig offloaded 20,000 shares in the company at a per-share price of $42 and ended up generating $840,000 in proceeds. Weatherup Craig retains 6,000 shares in the stock after this transaction. A Chairman and CEO in the company, Lundgren Terry J, on Wednesday March 23, 2016 collected $7,711,260 from the sale of 177,352 shares at a per-share price of $42. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.

Macy’s, Inc. (NYSE:M) Earnings on Tap

Investors interested in trading M stock at the current market price of $30.82/share should know the company will next release quarterly results for the January 2017 quarter. For the reporting quarter, equity analysts expect the stock to deliver $1.97 in earnings per share (EPS). That would represent a -5.74 per cent year-over-year decrease. Revenue for the same quarter is predicted to arrive at $8.64B.

Historical Quarterly Earnings: Last quarter, Macy’s, Inc. generated nearly $5.63B in sales and net income of $0.17/share. That compares with the mean forecast $5.63B and $0.41/share, respectively. For the prior quarter revenue for the stock hit $5.87B, with EPS at $0.54.

Macy’s, Inc. (M) Analyst Rating News

Deutsche Bank is following shares of Macy’s, Inc. (M), so its rating change is noteworthy. The company stock was upgraded to Buy from Hold, wrote analysts at Deutsche Bank, in a research note issued to clients on Monday October 31, 2016. There was another key research note provided by Guggenheim on Friday September 30, 2016. The firm launched coverage on M at Buy.

Price Potential: Even though the stock has posted -0.13% fall in value, its new closing price reflects a -31.49% fall in value from company’s one year high of $45.5. The stock is currently holding below its 50-day SMA of $39.61 and below its 200-day SMA of $37.16. Over the last 3 months and over the last 6 months, the shares of Macy’s, Inc. (M), have changed -17.43% and -8.49%, respectively.

Macy’s, Inc. (NYSE:M) on January 4, 2017 announced a series of actions to streamline its store portfolio, intensify cost efficiency efforts and execute its real estate strategy. These actions bolster the company’s strategy to further invest in omnichannel capabilities, improve customer experience and create shareholder value. The actions include:

  • The closure of 68 stores and the reorganization of the field structure that supports the remaining stores, reinforcing the strategy of fewer stores with better customer experience. These store closures are part of the approximately 100 closings announced in August 2016.
  • The significant restructuring of the Macy’s, Inc. operations to focus resources on strategic priorities, improve organizational agility and reduce expense.
  • The sale of properties consistent with the previously announced real estate strategy.

The actions are estimated to generate annual expense savings of approximately $550 million, beginning in 2017, enabling the company to invest an additional $250 million in growing the digital business, store-related growth strategies, Bluemercury, Macy’s Backstage and China. These savings, combined with savings from initiatives implemented in early 2016, exceed the $500 million goal communicated in fall of 2015, one year earlier than expected.

Analyst Ratings Worth Looking: Gartner, Inc. (NYSE:IT), Macy’s, Inc. (NYSE:M)

Gartner, Inc. (NYSE:IT) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 2 have a “buy”, 0 suggested “sell”, 7 said “hold” and 0 called “underperform” rating for the stock, according to Thomson Reuters data. 3 recommends the stock is “outperforming”. The company has an Average Rating of 2.42 based on analysts tracked by Thomson Reuters.

Gartner, Inc. (NYSE:IT) made a -11.03% move from the market’s previous close, putting the price on the $90.56 per share as of 01/05/2017. The total volume of shares traded was above their three months average volume of 348,420 shares. The firm maintains a P/E ratio of 39.36 in 12 months. Gartner, Inc. consensus analyst price target has now moved to $102.70. On a given day, the intraday low was $90.37. That means the share price went down -14.12% from its 52-week low and trades up 16.40% versus the highest price the stock has traded at during the previous year. It shifted down -4.61% versus its 200 day moving average. The current price dropped -8.89% from the average market prices over a 50-day period.

Macy’s, Inc. recently traded -21.25% below its 50-day simple moving average and went down -15.51% from its 200-day simple moving average. The debt-to-equity ratio (D/E) remains 1.98. The institutional ownership stake in the corporation is 88.80% while the Beta value stands at 0.81. Its RSI (Relative Strength Index) reached 22.76.

On 01/05/2017, Macy’s, Inc. (NYSE:M) ended trading lower at $30.86 with -13.90%. The firm exchanged hands at a volume of 29,237,108 whereas, the average volume was 5.98M shares. In the past 52 weeks, the share price moved between $29.01 and $44.99. The market cap landed at $9.56B. After the day began at $31.57, the stock was seen hitting $31.85 as its intraday high price and $30.51 as its bottom price. The prior close was recorded at $35.84.

Macy’s, Inc. (NYSE:M) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 4 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 17 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Overweight’ recommendation was issued by 1 analysts. The company has an Average Rating of 2.59 based on Thomson Reuters I/B/E/S scale of 1-5.

Macy’s Inc. (NYSE:M) plans to save $550 million by doing 10100 layoffs

According to reports Department-store chain Macy’s Inc. (NYSE:M) stock dropped 13% as it slash profit outlook and revealed plans to cut 10,100 jobs to save $550m.

Macy’s Inc. (NYSE:M) further said that 3,900 jobs would go in 2017 after closing of 68 store, out of a planned 100 revealed last year.

In the meantime, other modifications and reductions in middle management roles will cut down another 6,200 jobs.

All the Department store chains in the US have lately been finding it hard with ever growing pressure from popularity of online retailers and discount stores.

Macy’s (owners of department store Bloomingdales) also announced its profits for the year to 30 January would be less than previously predicted.

The company was predicting profits to fall between $3.15 and $3.40 a share, but has now drop this to $2.95-$3.10.

Meanwhile other US department stores also saw noteworthy share price actions on Thursday.

Another chain Kohl’s stock plunged 19% as it too slashed its profit outlook, while Sears saw its shares surged almost 6% in early trading after it said it would sell its Craftsman tools business to Stanley Black & Decker for $900m.

Nevertheless, Sears also posted weak holiday trading, with same-store sales in November and December dropped by almost 12-13%, and the company also plans to shutter 150 stores.

Furthermore Macy’s reviewed profit outlook followed the chain’s like-for-like sales in November and December saw a drop of 2.1%.

“While our sales trend is consistent with the lower end of our guidance, we had anticipated sales would be stronger,” said Macy’s (M) chief executive, Terry Lundgren.

A Look At Expert Ratings Summary: EQT Corporation (NYSE:EQT), Macy’s, Inc. (NYSE:M)

EQT Corporation (NYSE:EQT) Detailed Analyst Recommendation

There are a handful of analysts covering the stock. Of them, 6 have a “buy”, 0 suggested “sell”, 9 said “hold” and 0 called “underperform” rating for the stock, according to Thomson Reuters data. 7 recommends the stock is “outperforming”. The company has an Average Rating of 2.14 based on analysts tracked by Thomson Reuters.

EQT Corporation (NYSE:EQT) made a 1.75% move from the market’s previous close, putting the price on the $65.19 per share as of 01/04/2017. The total volume of shares traded was below their three months average volume of 1,710,000 shares. The firm maintains a P/E ratio of – in 12 months. EQT Corporation consensus analyst price target has now moved to $83.19. On a given day, the intraday low was $63.66. That means the share price went down -19.06% from its 52-week low and trades up 35.22% versus the highest price the stock has traded at during the previous year. It shifted down -7.50% versus its 200 day moving average. The current price dropped -3.65% from the average market prices over a 50-day period.

Macy’s, Inc. recently traded -8.56% below its 50-day simple moving average and went down -1.97% from its 200-day simple moving average. The debt-to-equity ratio (D/E) remains 1.98. The institutional ownership stake in the corporation is 88.80% while the Beta value stands at 0.81. Its RSI (Relative Strength Index) reached 36.67.

On 01/04/2017, Macy’s, Inc. (NYSE:M) ended trading higher at $35.84 with 1.73%. The firm exchanged hands at a volume of 8,878,113 whereas, the average volume was 5.92M shares. In the past 52 weeks, the share price moved between $29.01 and $44.99. The market cap landed at $11.10B. After the day began at $35.51, the stock was seen hitting $36.40 as its intraday high price and $35.48 as its bottom price. The prior close was recorded at $35.23.

Macy’s, Inc. (NYSE:M) Analyst Research Coverage

A number of Wall Street analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 4 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 17 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Overweight’ recommendation was issued by 1 analysts. The company has an Average Rating of 2.59 based on Thomson Reuters I/B/E/S scale of 1-5.

Macy’s, Inc. (NYSE:M) at $35.23: How much higher it can go

Macy’s, Inc. (NYSE:M), with -3.43% losses in previous 5 sessions, is under coverage of 22 analysts who collectively assign a hold rating on stock. 5 of the brokerages firms have a buy or better rating; the 0 sells versus 0 underperforms. The 20 stock analysts who cover the stock have an average PT at $43, with individual targets in the range of $38 to $48. The shares ended last trade at $35.23, implying that Wall Street analysts see shares climbing about 22.06 per cent in 12 months’ time.

Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have -1.62 retreated so far this year. A Director at Macy’s, Inc. (M) sold shares in a trading activity completed on Wednesday November 30, 2016. Weatherup Craig offloaded 20,000 shares in the company at a per-share price of $42 and ended up generating $840,000 in proceeds. Weatherup Craig retains 6,000 shares in the stock after this transaction. A Chairman and CEO in the company, Lundgren Terry J, on Wednesday March 23, 2016 collected $7,711,260 from the sale of 177,352 shares at a per-share price of $42. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.

Macy’s, Inc. (NYSE:M) Earnings on Tap

Investors interested in trading M stock at the current market price of $35.23/share should know the company will next release quarterly results for the January 2017 quarter. For the reporting quarter, equity analysts expect the stock to deliver $2.18 in earnings per share (EPS). That would represent a 4.31 per cent year-over-year increase. Revenue for the same quarter is predicted to arrive at $8.74B.

Historical Quarterly Earnings: Last quarter, Macy’s, Inc. generated nearly $5.63B in sales and net income of $0.17/share. That compares with the mean forecast $5.63B and $0.41/share, respectively. For the prior quarter revenue for the stock hit $5.87B, with EPS at $0.54.

Macy’s, Inc. (M) Analyst Rating News

Deutsche Bank is following shares of Macy’s, Inc. (M), so its rating change is noteworthy. The company stock was upgraded to Buy from Hold, wrote analysts at Deutsche Bank, in a research note issued to clients on Monday October 31, 2016. There was another key research note provided by Guggenheim on Friday September 30, 2016. The firm launched coverage on M at Buy.

Price Potential: Even though the stock has posted -1.62% fall in value, its new closing price reflects a -21.69% fall in value from company’s one year high of $45.5. The stock is currently holding below its 50-day SMA of $40.48 and below its 200-day SMA of $37.23. Over the last 3 months and over the last 6 months, the shares of Macy’s, Inc. (M), have changed -1.98% and 8.59%, respectively.

Macy’s, Inc. (NYSE:M) on December 19, 2016 announced that Cheryl Heinonen has been named executive vice president of corporate communications for Macy’s, Inc., effective Jan. 9, 2017.

Heinonen, a leading communications and public affairs professional, will be responsible for corporate communications (both internal and external), corporate giving, corporate social responsibility, diversity, and associate giving and volunteerism. She will report to Macy’s, Inc. President Jeff Gennette who becomes chief executive officer early next year. Heinonen will be based in New York City. In this new role, she will drive the strategic narrative of the company and integrate all internal communication into one cohesive strategy.

Heinonen is currently senior vice president, corporate relations and chief communications officer at Avon Products, Inc. where she is responsible for corporate communications, corporate social responsibility, and sustainability, responsibilities she has held since joining the company in 2012.

In November 2014, Heinonen also assumed the presidency of the Avon Foundation for Women, a public 501c3 charity dedicated to improving the lives of women and their families globally with a focus on breast cancer and domestic violence.

Identifying Analyst Research Reports To Consider: Macy’s, Inc. (NYSE:M), Medtronic plc (NYSE:MDT)

Macy’s, Inc. (NYSE:M) remained bullish with an increase 1.79% putting the price on the $35.86 per share in current trading session on 01/04/2017. The stock recent traded volume was lower as compared with its average volume of 5,920,000 shares. The corporation has an earnings per share (EPS) ratio of 2.19. For the next twelve months, the average of individual price target estimates submitted by covering sell-side analyst is $43.00. The company traded as low as $35.51 on the day. The latest trading activity showed that the Macy’s, Inc.(M) price went down -20.28% from its 52-week low and trades up 23.61% versus its 52-week high. It shifted down -1.92% in contrast to its 200 day moving average. The current price dropped -8.50% from its SMA 50.

Macy’s, Inc. Detailed Analyst Recommendation

A number of Reuters analysts recently commented on the stock. Currently the company has earned ‘Buy’ from 4 equity analysts. 0 analysts hold ‘Sell’ rating for the stock. 17 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Outperform’ recommendation was issued by 1 analysts. The company has an Average Rating of 2.59 based on analysts tracked by Thomson Reuters.

On 01/04/2017, Medtronic plc (NYSE:MDT) was higher at $71.12 with 0.72% . The firm exchanged hands at a volume of 394,792. In contrast, the average volume was 6.32M shares. In the past 52 weeks, the equity’s price traded between $69.35 and $88.74. The stock has market worth of $97.37B. After the day began at $70.90, the company was seen hitting $71.25 as its intraday high price and $70.82 as its bottom price. The prior close of the stock price is recorded at $70.61.

Medtronic plc(MDT) has moved -6.84% below its 50-day simple moving average and went down -12.45% from its 200-day simple moving average. The debt-to-equity ratio (D/E) was recorded at 0.65. The institutional ownership stake in the corporation is 84.10% while the Beta value stands at 0.94. Its RSI (Relative Strength Index) reached 35.34.

Medtronic plc Analyst Research Coverage

A number of Wall Street analysts stated their opinion on the stock. Currently the company has earned ‘Buy’ from 7 equity analysts. 0 analysts assign ‘Sell’ rating for the stock. 9 analysts have suggested the company is a ‘Hold’. ‘Underperform’ verdict was shared by 0 analysts and ‘Overweight’ recommendation was issued by 9 analysts. The company has an Average Rating of 2.08 based on Thomson Reuters I/B/E/S scale of 1-5.

Macy’s, Inc. (NYSE:M) Insiders Look Pessimistic About Prospects

Macy’s, Inc. (NYSE:M), with -3.25% losses in previous 5 sessions, is under coverage of 22 analysts who collectively assign a hold rating on stock. 5 of the brokerages firms have a buy or better rating; the 0 sells versus 0 underperforms. The 20 stock analysts who cover the stock have an average PT at $43, with individual targets in the range of $38 to $48. The shares ended last trade at $36.29, implying that Wall Street analysts see shares climbing about 18.49 per cent in 12 months’ time.

Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have 7.94 jumped so far this year. A Director at Macy’s, Inc. (M) sold shares in a trading activity completed on Wednesday November 30, 2016. Weatherup Craig offloaded 20,000 shares in the company at a per-share price of $42 and ended up generating $840,000 in proceeds. Weatherup Craig retains 6,000 shares in the stock after this transaction. A Chairman and CEO in the company, Lundgren Terry J, on Wednesday March 23, 2016 collected $7,711,260 from the sale of 177,352 shares at a per-share price of $42. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.

Macy’s, Inc. (NYSE:M) Earnings on Tap

Investors interested in trading M stock at the current market price of $36.29/share should know the company will next release quarterly results for the January 2016 quarter. For the reporting quarter, equity analysts expect the stock to deliver $2.18 in earnings per share (EPS). That would represent a 4.31 per cent year-over-year increase. Revenue for the same quarter is predicted to arrive at $8.74B.

Historical Quarterly Earnings: Last quarter, Macy’s, Inc. generated nearly $5.63B in sales and net income of $0.17/share. That compares with the mean forecast $5.63B and $0.41/share, respectively. For the prior quarter revenue for the stock hit $5.87B, with EPS at $0.54.

Macy’s, Inc. (M) Analyst Rating News

Deutsche Bank is following shares of Macy’s, Inc. (M), so its rating change is noteworthy. The company stock was upgraded to Buy from Hold, wrote analysts at Deutsche Bank, in a research note issued to clients on Monday October 31, 2016. There was another key research note provided by Guggenheim on Friday September 30, 2016. The firm launched coverage on M at Buy.

Price Potential: Even though the stock has posted 0.03% rise in value, its new closing price reflects a -19.33% fall in value from company’s one year high of $45.5. The stock is currently holding below its 50-day SMA of $40.83 and below its 200-day SMA of $37.07. Over the last 3 months and over the last 6 months, the shares of Macy’s, Inc. (M), have changed 1.62% and 10.16%, respectively.

Macy’s, Inc. (NYSE:M) on December 20, 2016 announced that Cheryl Heinonen has been named executive vice president of corporate communications for Macy’s, Inc., effective Jan. 9, 2017.

Heinonen, a leading communications and public affairs professional, will be responsible for corporate communications (both internal and external), corporate giving, corporate social responsibility, diversity, and associate giving and volunteerism. She will report to Macy’s, Inc. President Jeff Gennette who becomes chief executive officer early next year. Heinonen will be based in New York City. In this new role, she will drive the strategic narrative of the company and integrate all internal communication into one cohesive strategy.

Heinonen is currently senior vice president, corporate relations and chief communications officer at Avon Products, Inc. where she is responsible for corporate communications, corporate social responsibility, and sustainability, responsibilities she has held since joining the company in 2012.

In November 2014, Heinonen also assumed the presidency of the Avon Foundation for Women, a public 501c3 charity dedicated to improving the lives of women and their families globally with a focus on breast cancer and domestic violence.

Heinonen will step down from her Avon Products, Inc. and Avon Foundation for Women roles effective Jan. 1, 2017. She will remain on the Avon Foundation board when she begins her career at Macy’s.