The leading market experts have placed a mean price target of $86.53 on Macerich Company (The) (NYSE:MAC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.19 a share for the upcoming quarter and $4.11 for the current fiscal.
The technical analysis of Macerich Company (The) Common S plainly substantiates that the 50-day moving average of Macerich Company (The) Common S is $86.69, and stock is trading $-4.84 points away or -5.58% from its 50-day moving average of $86.69. Further it is trading $1.31 or +1.63% away its 200-day moving average of $80.54. Macerich Company (The) (NYSE:MAC) 52-week high is $94.51 and the 52-week low is $71.82.
This explains if the stock moves $-12.66, it will post a 52-week high. In event of +13.97% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Macerich Company (The) Common S, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Macerich Company (The) (NYSE:MAC) ratio came in at 13.75.
The stock last ended the trading session at $81.85 and registered a market cap of $11.76B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Macerich Company (The) (NYSE:MAC) PEG ratio is at 2.74.
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