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The Macerich Company (NYSE: MAC) – Is this large market cap stock undervalued?

The Macerich Company (NYSE: MAC), is firmly in the large market cap category with market cap of 11781.97. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for The Macerich Company is 82.03 (with a change from open of 0.02%), this in conjunction with a target price of 87.5. Volume today has so far reached 548900, with an average volume of about 858.46. The GAP for this stock, is -0.04%.

The P/E ratio is 13.66, bringing the forward P/E to a value of 68.02. The current EPS for The Macerich Company, is 6, with a EPS growth for this year coming to a value of -70.60%. Performance has been interesting with performance year to date coming to 4.35%.

Looking further into the growth statistics for The Macerich Company, EPS is looking like it will grow -67.64% in the next year. Looking even further it is projected to be 6.77%. Quarter over quarter is 241.80% for EPS growth and for sales growth quarter over quarter it is -19.50%. Looking at past EPS growth statistics we see that for the past five years it has been 62.20%. Sales growth for the past five years has in fact been 12.60%.

Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 99.90%. Shares outstanding is 143.63, while shares float is at a value of 142.75. Float short for The Macerich Company is 1.65% and the short ratio is 2.74.

In terms of debt, long term debt/equity is 1.16, while the total debt/equity comes to 1.16. The ability to meet these debts, means that the current ratio is *TBA, and the quick ratio is *TBA. The most recent gross margin is 62.50% and their operating margin is 9.70%. The profit margin is 78.50%.

The Macerich Company has seen returns on assets of 8.20%, and on investment, 0.90%. Return on equity is 19.20%. Price/Earnings to growth ratio is 2.02. Price/Sales ratio is at a value of 10.13, with Price/book ratio coming to 2.84 and Price/cash is 161.18, and finally Price/Free cash Flow is *TBA.

The simple moving averages are -2.03% and 3.48% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -12.49% and the 52 week low is 18.96%.

The Macerich Company has a dividend yield of 3.32%, with a current price of 82.03. The ability to pay this means the payout ratio is 44.80%. This is in an industry, REIT – Retail, with equally high dividends from other companies in this sector, which it is Financial. The Macerich Company is based in USA.

Performance in the REIT – Retail industry means that The Macerich Company has seen performance for the past week of 0.97%, with performance for the month coming to -0.82%. Looking at the data for the quarter it is at a value of -1.46%, and for the half year the performance is 16.29%. Volatility for this week is 1.36% and for the month this is 1.64%.

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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Stephen Butters

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