Macy's Inc ($M) Stock Forecast: Down 6.7% Today

What is Macy's Inc?

Macy's (M) is a well-known American department store chain that offers a wide range of products including clothing, accessories, home goods, and beauty products. The stock market today experienced a bearish movement.

Why is Macy's Inc going down?

M stock is down 6.7% on Apr 8, 2025 17:11

• Macy's stock (M) closed with a -0.26% shift from the previous trading day, indicating a slight decline in value.
• The bearish movement could be attributed to overall market uncertainty or specific company-related factors affecting investor sentiment.
• Investors may be cautious about Macy's performance amidst changing consumer preferences and the competitive retail landscape.
• It is essential to monitor further market trends and company developments to assess the future direction of Macy's stock.

M Price Chart

M Technical Analysis

M News

Macy's ( M ) Stock Moves -0.26%: What You Should Know

In the most recent trading session, Macy's (M) closed at $11.38, indicating a -0.26% shift from the previous trading day.

https://www.zacks.com/stock/news/2440848/macys-m-stock-moves--026-what-you-should-know

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Macy's Inc Price History

13.08.2024 - M Stock was up 5.0%

• The upsurge in Stock M's performance might be linked to the announcement of Nickelodeon's introduction of new Paw Patrol and Dora features at the Macy's Thanksgiving Day Parade.
• The enthusiastic reception of iconic characters such as Marshall and Dora at the parade likely garnered heightened investor attention towards Stock M.
• Stock M's affiliation with cherished brands like Paw Patrol and Dora may have instilled optimism in traders, resulting in the positive trajectory of the stock price.

07.02.2025 - M Stock was up 5.4%

• Despite Macy's Q4 earnings surpassing estimates, the stock had a bullish movement due to the positive surprise in earnings and revenue.
• The market reacted positively to Macy's cost-cutting measures and turnaround strategy, which are starting to show results.
• The gross margin decline and lower y/y revenues were overshadowed by the earnings beat, indicating investor confidence in Macy's future prospects.
• Macy's cautious outlook and profit shortfall warning did not deter investors, as the focus shifted towards the company's efforts to close underperforming stores and invest in better-performing locations.

23.07.2024 - M Stock was up 5.2%

• Despite reporting weak quarterly sales, Macy's surpassed the consensus on adjusted EPS, highlighting its ability to maintain profitability amid sales challenges.
• Analyst opinions on Macy's performance vary, with some expressing concerns about slowing sales while others see opportunities for improvement.
• The uncertain macroeconomic environment has raised doubts among analysts about Macy's ability to meet its revised outlook, leading to stock volatility.
• An unexpected boost in retail sales in July, along with shifting consumer preferences towards sectors like leisure and housing rather than clothing, may have positively impacted Macy's stock performance as investors reassess the company's market position.

06.10.2024 - M Stock was up 5.1%

• Despite the overall market gains, Macy's stock (M) saw a slight decline of -0.46%.
• The decrease in Macy's stock price might be related to internal factors rather than broader market conditions.
• Investors could be responding to company-specific issues like sales performance, strategic shifts, or market reception.
• Monitoring Macy's (M) closely for further developments that could influence its stock value is crucial for traders.

22.10.2024 - M Stock was up 7.2%

• Macy's (M) stock had a strong bullish movement despite the overall market closing with gains.
• The positive market movement could be attributed to investors' optimism surrounding Macy's upcoming Q3 earnings report, with expectations for key metrics beyond just top and bottom-line estimates.
• Despite broader retail sector jitters following disappointing earnings from another company, Macy's managed to defy the trend and attract investors' interest.
• The slight dip in Macy's stock in the previous trading session did not deter investors, indicating a potential shift in sentiment towards the company's performance.

13.00.2025 - M Stock was down 5.4%

• Macy's stock experienced a bearish movement today.
• The closure of 66 stores as part of Macy's "Bold New Chapter" strategy might have signaled to investors that the company is facing challenges in its restructuring efforts.
• Cautious consumer behavior and declining sales could have contributed to the negative sentiment surrounding Macy's stock.
• Despite gains from digital growth and trading above key SMAs, the overall outlook for Macy's seems to be overshadowed by the store closures and uncertainties about its future performance.

12.11.2024 - M Stock was up 10.4%

• Macy's stock (M) witnessed significant upward movement today.
• The stock showed resilience in the face of recent challenges, such as an accounting error resulting in $151 million of incorrectly recorded expenses.
• Analysts had adjusted their earnings expectations for Macy's prior to the Q3 financial outcomes, anticipating a decline compared to the previous year.
• Despite Macy's announcing lower-than-anticipated earnings and revenue figures for the third quarter, the stock rallied, potentially reflecting investors' optimism about the company's future prospects and strategies.

11.11.2024 - M Stock was down 11.2%

• Macy's reported lower-than-expected quarterly earnings at 3 cents per share, down from 21 cents per share in the previous year, leading to a bearish movement in the stock.
• The company also lowered its FY24 EPS outlook, further dampening investor sentiment.
• Macy's sales decreased by 2.4% in the third quarter, with comparable sales also declining, indicating ongoing struggles in the retail sector.
• The revelation of an employee hiding $151 million in delivery expenses added to investor concerns, contributing to the stock's tumble.

11.11.2024 - M Stock was down 5.5%

• Macy's reported lower-than-expected quarterly earnings at 3 cents per share, a significant decrease from 21 cents per share in the same period last year.
• The company also lowered its FY24 EPS outlook, leading to a sharp decline in its stock price during pre-market trading.
• Macy's experienced a decrease in net sales and comparable sales, further contributing to the negative market sentiment.
• The revelation of an employee hiding $151 million in delivery expenses added to the company's challenges, despite a slight raise in its full-year forecast. These factors combined likely led to the bearish movement in Macy's stock today.

04.09.2024 - M Stock was up 5.1%

• Macy's (M) stock showed a bullish movement, advancing by +0.23% despite the overall market decline.
• This positive movement could be attributed to strong earnings reports or positive news specific to Macy's, potentially indicating resilience in the face of broader market trends.
• Investors may have reacted positively to Macy's ability to navigate challenges in the retail sector, leading to increased confidence and buying activity in the stock.
• The company's strategic initiatives or cost-saving measures might have also contributed to the stock's outperformance compared to the broader market.

27.01.2025 - M Stock was down 5.0%

• Macy's stock experienced a bearish movement.
• The upcoming decline in Q4 earnings expectations for Macy's could have contributed to the negative sentiment surrounding the stock.
• The slight decrease in stock price could be a reflection of investor uncertainty and caution leading up to the earnings report.
• The overall challenging retail environment and the shift towards online shopping may also be weighing on Macy's stock performance.

08.03.2025 - M Stock was down 6.7%

• Macy's stock (M) closed with a -0.26% shift from the previous trading day, indicating a slight decline in value.
• The bearish movement could be attributed to overall market uncertainty or specific company-related factors affecting investor sentiment.
• Investors may be cautious about Macy's performance amidst changing consumer preferences and the competitive retail landscape.
• It is essential to monitor further market trends and company developments to assess the future direction of Macy's stock.