Macy's (M)
(Delayed Data from NYSE)
$16.81 USD
-0.04 (-0.24%)
Updated Jul 16, 2024 04:00 PM ET
After-Market: $16.82 +0.01 (0.06%) 6:40 PM ET
1-Strong Buy of 5 1
A Value D Growth A Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
M 16.81 -0.04(-0.24%)
Will M be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for M based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for M
Macy's (M) Stock Declines While Market Improves: Some Information for Investors
Here's Why Macy's (M) Stock Sees a Sharp Drop in the Market
M: What are Zacks experts saying now?
Zacks Private Portfolio Services
Company News for Jul 16, 2024
Macy's (M) Announces "All-Star Week" for Star Rewards Members
Macy's (M) Stock Dips While Market Gains: Key Facts
Other News for M
Macy’s Relaunches Epic Threads, Celebrating Kids’ Style – Just in Time for Back-to-School
Retail sales unchanged in June from May, underscoring shoppers' resilience
Notable Monday Option Activity: M, PLTR, RBLX
Macy's ends buyout talks with activist investor group
Macy's, Burberry fall; Trump Media, Tesla rise, Monday, 7/15/2024