Currently, Macerich Co [MAC] is trading at $20.37, down -0.29%. 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 2.26% over the last week, with a monthly amount drifted -7.87%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Macerich Co [NYSE: MAC] stock has seen the most recent analyst activity on January 02, 2025, when Jefferies upgraded its rating to a Buy and also boosted its price target to $23 from $19. Previously, Scotiabank upgraded its rating to Sector Perform on December 17, 2024, and kept the price target unchanged to $22. On December 17, 2024, Deutsche Bank initiated with a Hold rating and assigned a price target of $22 on the stock. Mizuho upgraded its rating to a Neutral and increased its price target to $22 on December 04, 2024. Scotiabank downgraded its rating to a Sector Underperform and reduced its price target to $14 on May 17, 2024. Piper Sandler downgraded its rating to Underweight for this stock on May 01, 2024, and downed its price target to $11. In a note dated March 22, 2024, Citigroup upgraded an Neutral rating on this stock and boosted its target price from $8 to $17.
This stock has fluctuated between a low of $12.99 and a high of $22.27 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Macerich Co [NYSE: MAC] shares were valued at $20.37 at the most recent close of the market. An investor can expect a potential drop of -1.82% based on the average MAC price forecast.
Analyzing the MAC fundamentals
Trailing Twelve Months sales for Macerich Co [NYSE:MAC] were 886.96M which represents 1.12% growth. 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 19.90 points at the first support level, and at 19.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.67, and for the 2nd resistance point, it is at 20.97.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.94, the price to book ratio is 1.83.
Transactions by insiders
Recent insider trading involved Stephen Andrea M, Director, that happened on Dec 26 ’24 when 63289.0 shares were sold. Thomas O’Hern TTEE O’Hern Liv, O’Hern Living Trust U/A/D 11-2 completed a deal on Nov 12 ’24 to buy 57200.0 shares. Meanwhile, EVP, Business Development Volk Kenneth bought 5000.0 shares on May 10 ’24.