Macy’s Inc


Want a discount? Become a member by purchasing Annual Subscription!
SKU: M-1 Category:


Macy’s has gained strong momentum over the past few weeks and has reached the target price from our previous report after the increased footfalls resulting from all the Covid-19 restrictions being lifted in many American states. There has been a marked increase in consumer spending in malls and apparel outlets setting Macy’s up for a solid result ahead. The company has made a remarkable turnaround from its pandemic lows and is seeing customers coming back to its departmental stores. The management has recently raised its revenue as well as profitability guidance for 2021 and should gradually increase its inventory orders over time as the in-store shopping activity is increasing. While Macy’s does have its fair share of sceptics who believe that the company might face difficulty in going back to its 2019 revenue levels, we are positive about the stock. We maintain our ‘Hold’ rating with a revised target price.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $496 annual subscription!