Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Nyse  >  Macy's    M


SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Macy's, Nvidia, Simon Property Group: What to Watch When the Stock Market Opens Today

11/19/2020 | 08:16am EST

By Mischa Frankl-Duval

Here's what we're watching as markets kick into gear Thursday:

-- U.S. stock futures edged lower as new restrictions imposed to curb rising coronavirus infection levels weighed on the economic outlook.

More than a quarter million Americans have died from Covid-19, and the timing of vaccine production remains an open question. Futures tied to the S&P 500, Nasdaq-100 and the Dow Jones Industrial Average all ticked down 0.1%.

Read our full market wrap here.

-- What's coming up. TurboTax maker Intuit Inc. and cloud-software company Workday will report quarterly earnings after markets close.

-- U.S. jobless claims, due at 8:30 a.m. ET, likely held relatively steady last week, indicating continued challenges for the U.S. economic recovery. Economists surveyed by The Wall Street Journal forecast that new unemployment claims came in at a seasonally adjusted 710,000 last week, up slightly from the 709,000 filed a week earlier.

-- U.S. existing-home sales come out at 10 a.m, with some economists expecting gains could moderate in October, and heading deeper into the fall, as the supply of for-sale homes dwindles and asking prices rise.

-- Olema Pharmaceuticals, which works on therapies for women's cancers, is expected to begin trading after pricing its IPO at $19 a share. Chinese cosmetics company Yatsen Holding is also expected to start trading today after pricing its American depositary shares at $10.50 apiece.

Market Movers to Watch

-- Macy's fell 3.3% after the retailer said net sales fell more than 20% in the third quarter, and reported its third quarterly loss in a row.

-- Simon Property Group fell 2% in premarket trade. The company yesterday priced an upsized public offering of stock at $72.50 per share.

-- Chip maker Nvidia fell 1.6% despite reporting better-than-expected revenue and earnings after market close yesterday.

-- Bank of New York Mellon fell 0.5% after Keefe, Bruyette & Woods cuts its rating on the stock.

-- Coronavirus-vaccine developers Moderna and Pfizer were both rising more than 1% ahead of the bell.

Must Reads Since You Went to Bed

Oxford, AstraZeneca Coronavirus Vaccine's Strong Response in Elderly Confirmed in Review

Large Chinese Broker Faces Probe After State Owned Coal Miner's Default

Car Maker Notes Attract Investors Seeking Short Term Yield Retail Entrepreneurs Buy Twice Bankrupt Radioshack with Plans for Online RevivalChina Borrows at Negative Rates for the First Time

Ahold Delhaize Buys Majority of Delivery Company FreshDirect

(END) Dow Jones Newswires

11-19-20 0815ET

Stocks mentioned in the article
ChangeLast1st jan.
BANK OF NEW YORK MELLON CORPORATION (THE) -2.06% 45.57 Delayed Quote.9.64%
DJ INDUSTRIAL -0.57% 30814.26 Delayed Quote.1.26%
INTUIT INC. 1.50% 371.01 Delayed Quote.-2.33%
MACY'S -6.13% 13.01 Delayed Quote.15.64%
NASDAQ 100 -0.73% 12803.932503 Delayed Quote.0.08%
NASDAQ COMP. -0.87% 12998.502287 Delayed Quote.1.87%
NVIDIA CORPORATION -2.58% 514.38 Delayed Quote.-1.50%
PFIZER INC. -0.14% 36.7 Delayed Quote.-0.30%
S&P 500 -0.72% 3768.25 Delayed Quote.0.32%
SIMON PROPERTY GROUP, INC -2.05% 93 Delayed Quote.11.34%
All news about MACY'S
01/12MACY'S : DBRS Morningstar Confirms Ratings on Citigroup Commercial Mortgage Trus..
01/11MACY'S : Introducing CouponsXDeals.com, online platform for the best deals, prom..
01/08MACY'S : Fitch Affirms BANK 2018-BNK10; Revises Outlooks on Two Classes to Negat..
01/07MACY'S : closing 45 stores by mid 2021
01/06GLOBAL MARKETS LIVE: Moderna, Walgreens, Alibaba…
01/04MACY'S : Macy's Names Nata Dvir Chief Merchandising Officer
2020MACY'S : DBRS Morningstar Confirms Ratings on BANK 2017-BNK5
2020MACY'S : Wrap Up The Holidays With Last-Minute Gifts At Macy's
2020MACY'S : Management's Discussion and Analysis of Financial Condition and Results..
2020MACY'S : DBRS Morningstar Downgrades Six Classes of Morgan Stanley Bank of Ameri..
More news
Financials (USD)
Sales 2021 17 043 M - -
Net income 2021 -4 099 M - -
Net Debt 2021 4 154 M - -
P/E ratio 2021 -0,99x
Yield 2021 2,91%
Capitalization 4 039 M 4 039 M -
EV / Sales 2021 0,48x
EV / Sales 2022 0,38x
Nbr of Employees 123 000
Free-Float 91,9%
Chart MACY'S
Duration : Period :
Macy's Technical Analysis Chart | M | US55616P1049 | MarketScreener
Technical analysis trends MACY'S
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus UNDERPERFORM
Number of Analysts 18
Average target price 8,99 $
Last Close Price 13,01 $
Spread / Highest target 25,3%
Spread / Average Target -30,9%
Spread / Lowest Target -69,3%
EPS Revisions
Managers and Directors
Jeffrey Gennette Chairman & Chief Executive Officer
John T. Harper Chief Operating Officer & Executive Vice President
Adrian Mitchell Chief Financial Officer
Naveen Krishna Chief Technology Officer
Sara L. Levinson Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
MACY'S15.64%4 303
S.A.C.I. FALABELLA6.08%9 611
NORDSTROM, INC21.82%5 995