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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 – Retail 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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