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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 81.02 (0.90% today). The market cap for The Macerich Company is 11574.52, 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 13.5, and a forward P/E of 67.18. Average volume for The Macerich Company is 910.75 and so far today it is 594000.

Performance in the last year for The Macerich Company has been 13.63%. For EPS growth, The Macerich Company has seen a growth of -70.60%, and is looking to grow in the next year to -67.64%. 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 -4.18%, with the 200-day simple moving average coming to 2.48%.

Since the IPO date for The Macerich Company on the 3/10/1994, The Macerich Company has seen performance year to date to be 3.06%. With The Macerich Company trading at 81.02, the dividend yield is 3.36%, and the EPS is 6.

So could The Macerich Company, be undervalued? Well as said before P/E is 13.5. The PEG is 1.99, P/S is 9.95 and the P/B is at 2.8. The P/cash is 158.34, 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 142.86. While shares float is 142.75. The float short is currently 1.65%, and short ratio is 2.58.

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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Peter Clarke

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