Macy's Inc (M): Today's Featured Retail Loser - TheStreet

Macy's

(

M

) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole was unchanged today. By the end of trading, Macy's fell $1.06 (-3.1%) to $33.14 on heavy volume. Throughout the day, 9.9 million shares of Macy's exchanged hands as compared to its average daily volume of 6.2 million shares. The stock ranged in price between $32.80-$33.73 after having opened the day at $33.50 as compared to the previous trading day's close of $34.20. Other company's within the Retail industry that declined today were:

O'Reilly Automotive

(

ORLY

), down 14.3%,

ValueVision Media

(

VVTV

), down 10.3%,

Christopher & Banks Corporation

(

CBK

), down 5.1%, and

China Jo-Jo Drugstores

(

CJJD

), down 5%.

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Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Its retail stores and Internet Web sites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. Macy's has a market cap of $13.97 billion and is part of the

services

sector. The company has a P/E ratio of 11.1, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 5.1% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Macy's a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Macy's as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front,

Casual Male Retail Group

(

CMRG

), up 6.3%,

Liquidity Service

(

LQDT

), up 6%,

Builders FirstSource

(

BLDR

), up 5.9%, and

E-Commerce China Dangdang

(

DANG

), up 4.9%, were all gainers within the retail industry with

Walgreen Company

(

WAG

) being today's featured retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider

SPDR S&P Retail ETF

(

XRT

) while those bearish on the retail industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

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