Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Macy's fell $0.49 (-1.0%) to $48.30 on average volume. Throughout the day, 3,987,422 shares of Macy's exchanged hands as compared to its average daily volume of 3,577,700 shares. The stock ranged in price between $48.15-$49.13 after having opened the day at $48.95 as compared to the previous trading day's close of $48.79. Other companies within the Retail industry that declined today were:
), down 6.1%,
), down 5.5%,
), down 4.7% and
), down 4.5%.
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Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Macy's has a market cap of $18.8 billion and is part of the services sector. Shares are up 25.3% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Macy's a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Macy's Ratings Report.
On the positive front,
), up 7.5%,
), up 3.1%,
), up 2.3% and
), up 2.1% , 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.