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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 82.95 (-0.14% today). The market cap for The Macerich Company is 11895.62, and is in the sector Financial, and REIT – Retail industry. The target price for The Macerich Company is 86.71. Currently The Macerich Company is trading with a P/E of 13.84, and a forward P/E of 70.28. Average volume for The Macerich Company is 985.9 and so far today it is 252377.

Performance in the last year for The Macerich Company has been 11.47%. For EPS growth, The Macerich Company has seen a growth of -70.60%, and is looking to grow in the next year to -68.33%. More long term stats show that EPS growth has been 62.20% over the last five years and could be 7.30% 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 -1.59%, with the 200-day simple moving average coming to 5.61%.

Since the IPO date for The Macerich Company on the 3/10/1994, The Macerich Company has seen performance year to date to be 5.67%. With The Macerich Company trading at 82.95, the dividend yield is 3.27%, and the EPS is 6.

So could The Macerich Company, be undervalued? Well as said before P/E is 13.84. The PEG is 1.9, P/S is 10.23 and the P/B is at 2.88. The P/cash is 162.73, 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 10.60% and a profit margin of *TBA.Payout ratio for The Macerich Company is 38.40%. Return on assets come to 11.90% with return on investment coming to 0.90%.

Insider ownership for The Macerich Company, is at 0.10% and institutional ownership comes to *TBA. Outstanding shares are at 143.2. While shares float is 142.75. The float short is currently 1.72%, and short ratio is 2.48.

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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Mark Hines

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