Macerich Co [MAC] stock is trading at $20.41, down -0.83%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MAC shares have gain 2.61% over the last week, with a monthly amount drifted -0.83%, 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 15, 2025, when Morgan Stanley upgraded its rating to a Equal-Weight but kept the price target unchanged to $20 for it. Previously, Jefferies upgraded its rating to Buy on January 02, 2025, and elevated its price target to $23. On December 17, 2024, upgrade upgraded it’s rating to Sector Perform but maintained its price target of $22 on the stock. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $22 on December 17, 2024. Mizuho upgraded its rating to a Neutral and raised its price target to $22 on December 04, 2024. Scotiabank downgraded its rating to Sector Underperform for this stock on May 17, 2024, and downed its price target to $14. In a note dated May 01, 2024, Piper Sandler downgraded an Underweight rating on this stock and revised its target price from $17 to $11.
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 $20 within the next 12 months. Macerich Co [NYSE: MAC] shares were valued at $20.41 at the most recent close of the market. An investor can expect a potential drop of -2.01% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.76.
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 20.22 points at the first support level, and at 20.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.71, and for the 2nd resistance point, it is at 21.01.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.95, the price to book ratio is 1.84.
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.
