Telsey Advisory Group Keeps $28.00 Target Price On Macy’s (M), Keeps Market Perform Rating; Cemtrex (CETX) Shorts Down By 4.29%

Among 31 analysts covering Macy’s Inc. (NYSE:M), 7 have Buy rating, 2 Sell and 22 Hold. Therefore 23% are positive. Macy’s Inc. has $139.0 highest and $20 lowest target. $41.84’s average target is 62.67% above currents $25.72 stock price. Macy’s Inc. had 99 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained Macy's, Inc. (NYSE:M) rating on Monday, September 11. Jefferies has “Hold” rating and $21.0 target. The firm has “Neutral” rating by JP Morgan given on Wednesday, August 12. The firm has “Buy” rating by Deutsche Bank given on Monday, October 31. As per Wednesday, November 4, the company rating was downgraded by OTR Global. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, May 12. The firm earned “Sell” rating on Tuesday, July 28 by Gilford Securities. As per Tuesday, October 20, the company rating was maintained by FBR Capital. Morgan Stanley maintained the shares of M in report on Monday, November 13 with “Equal-Weight” rating. On Friday, August 12 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Deutsche Bank maintained the shares of M in report on Friday, October 9 with “Buy” rating.

Cemtrex Incorporated (NASDAQ:CETX) had a decrease of 4.29% in short interest. CETX’s SI was 474,700 shares in December as released by FINRA. Its down 4.29% from 496,000 shares previously. With 45,900 avg volume, 10 days are for Cemtrex Incorporated (NASDAQ:CETX)’s short sellers to cover CETX’s short positions. The SI to Cemtrex Incorporated’s float is 9.41%. The stock increased 0.39% or $0.01 during the last trading session, reaching $2.59. About 51,538 shares traded. Cemtrex, Inc. (NASDAQ:CETX) has risen 80.19% since December 29, 2016 and is uptrending. It has outperformed by 63.49% the S&P500.

Cemtrex, Inc. provides electronic manufacturing services of electric system assemblies, instruments and emission monitors for industrial processes, and industrial air filtration and environmental control systems worldwide. The company has market cap of $27.33 million. It operates through two divisions, Industrial Products and Services , and Electronics Manufacturing Services (EMS). It has a 8.35 P/E ratio. The IPS segment provides a range of air filtration and environmental control products to various industrial and manufacturing industries; monitoring instruments, software, and systems for measurement of emissions of greenhouse gases, hazardous gases, particulate, and other regulated pollutants used in emissions trading, as well as for industrial processes; and monitoring and analysis equipment for gas and liquid measurement for various downstream gas and oil applications, as well as various industrial process applications.

MacyÂ’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. The company has market cap of $7.83 billion. The Company’s stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. It has a 11.3 P/E ratio. The firm also operates stores that offer a range of women's, men's, and children's apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry.

The stock increased 0.31% or $0.08 during the last trading session, reaching $25.72. About 9.05 million shares traded. Macy's, Inc. (NYSE:M) has declined 25.46% since December 29, 2016 and is downtrending. It has underperformed by 42.16% the S&P500.

Analysts await Macy's, Inc. (NYSE:M) to report earnings on February, 20. They expect $2.45 earnings per share, up 21.29% or $0.43 from last year’s $2.02 per share. M’s profit will be $746.15 million for 2.62 P/E if the $2.45 EPS becomes a reality. After $0.23 actual earnings per share reported by Macy's, Inc. for the previous quarter, Wall Street now forecasts 965.22% EPS growth.