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Is this Large Market Cap Stock target price reasonable for The Macerich Company (NYSE:MAC)?

The company in question is, The Macerich Company (NYSE:MAC) currently with a stock price of 80.21 (-1.13% today). The market cap for The Macerich Company is 11990.2, and is in the sector Financial, and REIT РRetail industry. The target price for The Macerich Company is 87.31. Currently The Macerich Company is trading with a P/E of 13.51, and a forward P/E of 68.29. Average volume for The Macerich Company is 900.11 and so far today it is 37252.

Performance in the last year for The Macerich Company has been 18.85%. For EPS growth, The Macerich Company has seen a growth of -70.60%, and is looking to grow in the next year to -68.06%. More long term stats show that EPS growth has been 62.20% over the last five years and could be 6.77% for the next five years. The Macerich Company has seen sales growth quarter over quarter at -19.50%, with EPS growth quarter over quarter at 241.80%. The 20-day simple moving average is -5.64%, with the 200-day simple moving average coming to 1.52%.

Since the IPO date for The Macerich Company on the 3/10/1994, The Macerich Company has seen performance year to date to be 3.20%. With The Macerich Company trading at 80.21, the dividend yield is 3.35%, and the EPS is 6.

So could The Macerich Company, be undervalued? Well as said before P/E is 13.51. The PEG is 2, P/S is 10.31 and the P/B is at 2.81. The P/cash is 164.02, with P/free cash flow at *TBA.

The Macerich Company ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 1.16, and total debt/equity at 1.16.

In terms of margins, The Macerich Company has a gross margin of 62.50%, an operating margin of 9.70% and a profit margin of 78.50%.Payout ratio for The Macerich Company is 44.80%. Return on assets come to 8.20% with return on investment coming to 0.90%.

Insider ownership for The Macerich Company, is at 0.66% and institutional ownership comes to 99.50%. Outstanding shares are at 147.79. While shares float is 142.75. The float short is currently 1.95%, and short ratio is 3.09.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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