Macerich Co [MAC] stock is trading at $21.36, down -1.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MAC shares have gain 0.14% over the last week, with a monthly amount glided 10.85%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Macerich Co [NYSE: MAC] stock has seen the most recent analyst activity on December 17, 2024, when Scotiabank upgraded its rating to a Sector Perform but kept the price target unchanged to $22 for it. Previously, Deutsche Bank started tracking the stock with Hold rating on December 17, 2024, and set its price target to $22. On December 04, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $22 on the stock. Scotiabank downgraded its rating to a Sector Underperform and decreased its price target to $14 on May 17, 2024. Piper Sandler downgraded its rating to a Underweight and reduced its price target to $11 on May 01, 2024. Citigroup upgraded its rating to Neutral for this stock on March 22, 2024, and upped its price target to $17. In a note dated October 02, 2023, Piper Sandler upgraded an Neutral rating on this stock and boosted its target price from $11 to $12.
Macerich Co [MAC] stock has fluctuated between $12.99 and $22.27 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Macerich Co [NYSE: MAC] shares were valued at $21.36 at the most recent close of the market. An investor can expect a potential drop of -20.41% based on the average MAC price forecast.
Analyzing the MAC fundamentals
Macerich Co [NYSE:MAC] reported sales of 886.96M for the trailing twelve months, which represents a growth of 1.12%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.21 points at the first support level, and at 21.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.66, and for the 2nd resistance point, it is at 21.95.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.23, the price to book ratio is 1.92.
Transactions by insiders
Recent insider trading involved O’Hern Living Trust U/A/D 11-2, Thomas O’Hern TTEE O’Hern Liv, that happened on Nov 12 ’24 when 57200.0 shares were purchased. EVP, Business Development, Volk Kenneth completed a deal on May 10 ’24 to buy 5000.0 shares. Meanwhile, Chief Financial Officer Kingsmore Scott W bought 6000.0 shares on May 09 ’24.
