Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Macy's fell $0.47 (-1.0%) to $44.60 on average volume. Throughout the day, 3,605,586 shares of Macy's exchanged hands as compared to its average daily volume of 4,774,700 shares. The stock ranged in price between $44.27-$45.09 after having opened the day at $44.78 as compared to the previous trading day's close of $45.07. Other companies within the Retail industry that declined today were:
), down 4.5%,
), down 4.2%,
), down 3.9% and
), down 3.0%.
- EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Macy's has a market cap of $17.5 billion and is part of the services sector. The company has a P/E ratio of 13.8, below the S&P 500 P/E ratio of 17.7. Shares are up 14.4% year to date as of the close of trading on Monday.
TheStreet Ratings rates Macy's as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, revenue growth, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Macy's Ratings Report.
On the positive front,
), down 7.6%,
), down 7.4%,
), down 4.6% and
), down 4.3% , were all gainers within the retail industry with
) being today's featured retail industry leader.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
) while those bearish on the retail industry could consider
- Find other investment ideas from our top rated ETFs lists.
Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.