With 1.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.51 million shares. The 52-week range on MAC shows that it touched its highest point at $22.27 and its lowest point at $12.48 during that stretch. It currently has a 1-year price target of $18.44. With its current market cap of 4.18 billion, MAC has annualized dividend of $0.17 while the current yield stands at 1.07%. Beta for the stock currently stands at 2.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MAC was up-trending over the past week, with a rise of 5.38%, but this was up by 11.37% over a month. Three-month performance dropped to -23.67% while six-month performance fell -20.41%. The stock gained 5.50% in the past year, while it has lost -20.33% so far this year. A look at the trailing 12-month EPS for MAC yields -0.81 with Next year EPS estimates of -0.03. For the next quarter, that number is -0.05. This implies an EPS growth rate of 84.67% for this year and 76.32% for next year.
Float and Shares Shorts:
At present, 253.03 million MAC shares are outstanding with a float of 250.82 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MAC since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.11714 being high and $0.1112 being low. For MAC, this leads to a yearly average estimate of $0.11417.
