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Macy's Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Macy's (NYSE:M)
Benzinga· 2025-12-03 07:31
Macy’s, Inc. (NYSE:M) will release earnings results for the third quarter after the closing bell on Tuesday, Dec. 2.Analysts expect the New York-based company to report quarterly loss at 13 cents per share, versus a year-ago profit of 4 cents per share. The consensus estimate for Macy’s quarterly revenue is $4.56 billion, compared to $4.74 billion a year earlier, according to data from Benzinga Pro.On Oct. 24, the company's board of directors declared a regular quarterly dividend of 18.24 cents per share.Sh ...
Macy's Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-12-03 07:31
Core Insights - Macy's, Inc. is expected to report a quarterly loss of 13 cents per share for Q3, a decline from a profit of 4 cents per share in the same period last year [1] - The consensus estimate for Macy's quarterly revenue is $4.56 billion, down from $4.74 billion a year earlier [1] - The company's board declared a regular quarterly dividend of 18.24 cents per share on October 24 [1] Stock Performance - Shares of Macy's fell 0.5% to close at $22.71 [2] Analyst Ratings - UBS analyst Jay Sole maintained a Sell rating and raised the price target from $6.5 to $7 [4] - Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating and increased the price target from $17 to $22 [4] - Citigroup analyst Paul Lejuez maintained a Neutral rating and raised the price target from $16 to $19 [4] - BTIG analyst Robert Drbul initiated coverage with a Neutral rating [4] - Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and raised the price target from $12 to $16 [4]
Telsey Highlights Robust Earnings Beat for Macy’s (M) Shares
Yahoo Finance· 2025-12-03 06:37
Macy’s Inc. (NYSE:M) ranks among the best performing retail stocks in 2025. On November 28, Telsey Advisory Group boosted its price target on Macy’s Inc. (NYSE:M) to $22 from $17 while retaining a Market Perform rating on the company’s shares. The boost comes after Macy’s robust second-quarter earnings beat, where all three of the company’s flagship brands generated positive owned comparable sales. Macy’s Inc. (NYSE:M)’s second-quarter net sales of $4.8 billion topped guidance, while its adjusted earning ...
Dollar Tree, CrowdStrike And 3 Stocks To Watch Heading Into Wednesday - Dollar Tree (NASDAQ:DLTR)
Benzinga· 2025-12-03 06:23
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Dollar Tree Inc. (NASDAQ:DLTR) to report quarterly earnings at $1.08 per share on revenue of $4.70 billion before the opening bell, according to data from Benzinga Pro. Dollar Tree shares rose 0.5% to $109.49 in after-hours trading.CrowdStrike Holdings Inc. (NASDAQ:CRWD) reported better-than-expected financial results for the third quarter and raised its ...
Macy's, Inc. (NYSE: M) Sees Positive Analyst Sentiment and Price Target Increase
Financial Modeling Prep· 2025-12-03 02:00
Core Viewpoint - Macy's, Inc. is experiencing a significant increase in its consensus price target, reflecting growing optimism about its future prospects, driven by strategic initiatives and upcoming earnings expectations [2][4][6] Group 1: Price Target and Analyst Sentiment - The consensus price target for Macy's has risen to $22, up from $18.83 in the previous quarter and $14.5 a year ago, indicating a positive outlook among analysts [2][6] - Deutsche Bank analyst Gabriella Carbone has set a more ambitious price target of $32 for Macy's stock, highlighting strong confidence in the company's performance [2] Group 2: Strategic Initiatives - Macy's is enhancing its omni-channel retail strategy and expanding its digital presence, which are crucial for improving e-commerce capabilities and supply chain efficiency [3][6] - The company's focus on improving product offerings and customer experience is expected to drive growth and investment opportunities [5][6] Group 3: Earnings Expectations - Anticipation of Macy's Q3 earnings release on December 3 is influencing analyst sentiment, with expectations that the company will surpass earnings estimates [4][6] - The stock is currently showing a bullish Cakra breakout, indicating positive momentum in the market [4]
Stock market today: Dow, S&P 500, Nasdaq futures keep rebound alive as key ADP jobs data comes in soft
Yahoo Finance· 2025-12-03 00:01
Market Overview - US stock futures showed a slight increase, with Dow Jones and S&P 500 futures both up approximately 0.2% [1] - Nasdaq 100 futures also rose about 0.2%, following a positive performance in major Wall Street indices [1] Cryptocurrency Insights - Bitcoin rebounded from a significant decline, reaching a two-week high above $93,000 before slightly retracing [2] - The cryptocurrency's recovery comes after it fell below $83,000 in recent weeks [2] Employment Data - The ADP report indicated a surprising decline in private-sector employment, with a loss of 32,000 jobs in November, contrary to expectations of a modest gain [3] - The decline was primarily attributed to a significant pullback from small businesses [3] Earnings Reports - Marvell Technology's stock surged over 10% in premarket trading due to a positive sales outlook and an acquisition of Celestial AI [4] - American Eagle Outfitters also saw a 10% increase in shares following a strong start to the holiday shopping season [4] - Conversely, Macy's shares fell despite reporting a surprise profit, as its sales outlook was deemed underwhelming amid ongoing restructuring efforts [4] - Salesforce is scheduled to report earnings later in the day [4]
Stock market today: Dow, S&P 500, Nasdaq futures slide as key ADP jobs data shows weakness
Yahoo Finance· 2025-12-03 00:01
US stock futures turned lower on Wednesday as investors digested the monthly ADP jobs update that showed a surprise decline in private-sector employment last month. Dow Jones Industrial Average futures (YM=F) and S&P 500 futures (ES=F) both edged down roughly 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) fell around 0.5%, after the major Wall Street gauges finished Tuesday with gains across the board. Microsoft (MSFT) helped lead a tech decline, as shares fell over 2% after a report said the company ...
Earnings live: Marvell announces Celestial AI acquisition, CrowdStrike stock edges higher, American Eagle pops
Yahoo Finance· 2025-12-02 21:37
Core Insights - The Q3 earnings season has shown solid performance, with a projected 13.4% increase in earnings per share for S&P 500 companies, marking the fourth consecutive quarter of double-digit growth [2][25] - Retailers are under scrutiny as they report results, particularly in light of softening consumer sentiment ahead of the holiday shopping season [4] Earnings Reports - Macy's reported a surprise profit with its strongest comparable sales in over three years, but its elevated sales guidance fell short of last year's numbers, leading to a 3% drop in stock [5] - American Eagle Outfitters experienced an 11% stock surge after reporting a profit per share of $0.53, exceeding estimates, and a 6% year-over-year revenue increase to $1.36 billion [7][8] - CrowdStrike raised its full-year revenue guidance after reporting a 22% year-over-year revenue increase to $1.23 billion, despite a diluted loss per share of $0.14 [10][11][12] - Okta's revenue rose 12% to $742 million, beating estimates, but the stock fell due to market reactions [15][16] - Marvell reported earnings per share of $2.20 on revenue of $2.07 billion, but its stock slid 6% after announcing a $3.25 billion acquisition of Celestial AI [17][18] - Credo's stock surged 20% after reporting a profit of $0.44 per share and revenue of $268 million, both exceeding expectations [20][21] - MongoDB's stock soared 15% after reporting revenue of $628.3 million, a 19% year-over-year increase, and a smaller-than-expected loss per share [22][23][24] Market Reactions - Despite solid earnings, market reactions have been more negative than usual, with stocks of companies that missed earnings estimates dropping by an average of 5% [25][27] - Companies that beat earnings estimates saw an average stock price increase of only 0.4%, below the five-year average of 0.9% [26] Sector-Specific Insights - Deere's stock fell 5% after its outlook for the year fell short of expectations amid uncertainty in the US farm economy [28] - Dick's Sporting Goods reported a GAAP earnings per diluted share of $2.07, missing estimates, leading to a 2% drop in stock [40] - Abercrombie & Fitch's stock surged over 18% after reporting earnings per share of $2.36, driven by strong sales at its Hollister brand [42][43] - Best Buy's stock rose 3% after beating analysts' estimates and raising its full-year outlook [46] - Kohl's stock soared 42% after reporting better-than-expected results and increasing its full-year outlook [47] - Alibaba's stock rose 4% after beating quarterly revenue estimates, driven by investments in one-hour delivery and strong growth in its cloud division [48]
Surging Earnings Estimates Signal Upside for Kohl's (KSS) Stock
ZACKS· 2025-12-02 18:21
Core Viewpoint - Kohl's (KSS) is positioned as a strong investment opportunity due to its improving earnings outlook and positive analyst sentiment [1][2]. Earnings Estimate Revisions - Analysts have shown growing optimism regarding Kohl's earnings prospects, leading to a rising trend in estimate revisions, which is expected to positively impact the stock price [2]. - The current-quarter earnings estimate is $0.78 per share, reflecting a decrease of 17.9% from the previous year, but the Zacks Consensus Estimate has increased by 86.75% over the last 30 days with three upward revisions and no negative changes [6]. - For the full year, the earnings estimate is projected at $1.26 per share, indicating a 16.0% decline from the prior year, yet five estimates have been raised recently without any negative revisions [7]. Zacks Rank and Performance - Kohl's currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in raising earnings estimates, which historically correlates with stock performance [3][8]. - Stocks with a Zacks Rank 1 have demonstrated an average annual return of +25% since 2008, suggesting a favorable outlook for Kohl's [3]. Stock Performance - The stock has appreciated by 47.1% over the past four weeks, driven by strong estimate revisions, indicating potential for further upside [9].
Here Is Why Bargain Hunters Would Love Fast-paced Mover Kohl's (KSS)
ZACKS· 2025-12-02 14:55
Core Insights - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for momentum stocks is challenging, as they may lose momentum if their valuations exceed future growth potential [1] Group 1: Momentum Investing Strategy - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [2] - Kohl's (KSS) is highlighted as a strong candidate, with a notable price increase of 47.1% over the past four weeks, indicating growing investor interest [3] - KSS has demonstrated sustained momentum, gaining 45.5% over the past 12 weeks, with a beta of 1.45, suggesting it moves 45% more than the market [4] Group 2: Valuation and Earnings Estimates - KSS has a Momentum Score of A, indicating a favorable entry point for investors looking to leverage its momentum [5] - The stock has received a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [6] - KSS is trading at a low Price-to-Sales ratio of 0.17, meaning investors pay only 17 cents for each dollar of sales, suggesting it is undervalued [6] Group 3: Additional Opportunities - Besides KSS, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Various Zacks Premium Screens are available to assist in identifying potential winning stocks based on different investing styles [8]