Bear on Wall Street: Macys Inc (M)

		Random Chatter \| General Discussion Forum > Financial Sector > Stock Picks and Strategies
Bear on Wall Street: Macys Inc (M)

Register Now for FREE!
Our records show you have not yet registered to our forums. To sign up for your FREE account INSTANTLY fill out the form below! Username: Password: Confirm Password: E-Mail: Confirm E-Mail: I agree to forum rules

Stock Picks and Strategies Thread About, Bear on Wall Street: Macys Inc (M)

Citigroup added Macys ($15.78) to its retail sector top picks. Up-Coming Catalysts: 1. Raising of 4Q09 EPS guidance depending on ...

LinkBack

Thread Tools

Display Modes

01-29-2010, 07:46 AM	#1
thevoice@voicedup.com Senior Member Join Date: Apr 2009 Location: http://voicedup.com/ Posts: 646 Rep Power: 1	Bear on Wall Street: Macys Inc (M) Citigroup added Macys ($15.78) to its retail sector top picks. Up-Coming Catalysts: 1. Raising of 4Q09 EPS guidance depending on how sales come in. 2. 2010 outlook on 2/23/10 Valuation: 1.(M) currently trades at a 9.2 forward P/E, average multiple for department stores is 13.3. 2. 10-year historical range is 6.1-22.8, currently trading towards the lower end. 3. Department store average EBITDA is 6.2, (M) trading at 4.6. Price Target: $30 __________________ http://voicedup.com/

Tags

bear, macys, street, wall

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

All times are GMT -7. The time now is 03:25 AM.