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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 89.07 (0.09% today). The market cap for The Macerich Company is 13199.89, and is in the sector Financial, and REIT – Retail industry. The target price for The Macerich Company is 83. Currently The Macerich Company is trading with a P/E of 15.58, and a forward P/E of 79.96. Average volume for The Macerich Company is 997.05 and so far today it is 153587.

Performance in the last year for The Macerich Company has been 25.19%. For EPS growth, The Macerich Company has seen a growth of -70.60%, and is looking to grow in the next year to -69.16%. More long term stats show that EPS growth has been 62.20% over the last five years and could be *TBA for the next five years. The Macerich Company has seen sales growth quarter over quarter at -19.60%, with EPS growth quarter over quarter at 1610.30%. The 20-day simple moving average is 10.20%, with the 200-day simple moving average coming to 13.85%.

Since the IPO date for The Macerich Company on the 3/10/1994, The Macerich Company has seen performance year to date to be 12.27%. With The Macerich Company trading at 89.07, the dividend yield is 3.06%, and the EPS is 5.71.

So could The Macerich Company, be undervalued? Well as said before P/E is 15.58. The PEG is *TBA, P/S is 10.77 and the P/B is at 2.9. The P/cash is 123.94, 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, and total debt/equity at 1.

In terms of margins, The Macerich Company has a gross margin of 62.20%, an operating margin of 8.10% and a profit margin of 72.00%.Payout ratio for The Macerich Company is 46.50%. Return on assets come to 7.30% 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 148.33. While shares float is 147.62. The float short is currently 1.93%, and short ratio is 2.85.

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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