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MACYS INC (M)                                                        Price: $30.46

 Industry: Nonfood Retail-Wholesale
 Chaikin Power Gauge Report | Generated: Fri Jul 08 15:56 EDT 2011

   M
   MACYS INC                        $30.46            Power Gauge Rating

                                                      M - Very Bullish
                                                                                                         TM
                                                      The Chaikin Power Gauge Rating for M is very bullish due to very strong
                                                      earnings performance and very positive expert opinions.
   Financial Metrics                                  M's earnings performance is very strong as a result of better than expected
                                                      earnings in recent quarters and an upward trend in earnings this year.
   Earnings Performance



   Price/Volume Activity



   Expert Opinions




                                                      News Sentiment Rating
                                                      Neutral
   M MACYS INC                  July 08, 2011                                                TM
                                                      Chaikin Sentiment Gauge for M is neutral. Stories concerning M have a
                                                      balanced or neutral sentiment.
   News Sentiment :Neutral




     Power Trend - 5 Year Chart




     The Power Gauge distills a 20 factor model into a concise picture of a stock's potential.                 High Potential     Neutral       Low Potential



I want to receive special offers about trading stocks with your brokerage partner, optionsXpress. Click here                    www.chaikinpowertools.com
Financials & Earnings



    Financial Metrics
                                                                Financial Metrics Rating

    LT Debt/Equity Ratio
                                                                Neutral

    Price to Book Value                                         M's financial metrics are neutral. The company yields a high return on
                                                                shareholder's equity and is carrying too much long term debt.
    Return on Equity
                                                                The rank is based on a high long term debt to equity ratio, high return on equity,
                                                                high price to sales ratio and relatively high cash flow.
    Price to Sales Ratio



    Business Value




    Assets and Liabilities                                                     Valuation                                                   Returns


    Ratio                                                  TTM                 Ratio                                       TTM             Ratio                                         TTM

    Current Ratio                                          1.26                Price/Book                                  2.28            Return on Invest                              8.2%

    LT Debt/Equity                                         1.26                Price/Sales                                 0.52            Return on Equity                             19.0%




    Earnings Performance
                                                                Earnings Performance Rating

    Earnings Growth
                                                                Very Bullish

    Earnings Surprise                                           M's earnings performance has been very strong. The company has outperformed
                                                                analysts' earnings estimates and experienced superior earnings growth in the
                                                                past 12 months.
    Earnings Trend

                                                                The rank is based on poor EPS growth over the past 3-5 years, better than
    Projected P/E Ratio                                         expected earnings in recent quarters, an upward trend in earnings this year, a
                                                                relatively low projected P/E ratio and consistent earnings over the past 5 years.
    Earnings Consistency




   5 Year Revenue and Earnings Growth                                                                     EPS Estimates


                              01/07           01/08              01/09            01/10           01/11   Factor                       Actual EPS Prev        EST EPS Current          Change

   Revenue(M)              26,970.00       26,313.00      24,892.00          23,489.00        25,003.00   Quarterly EPS                            $0.35                $0.46           +0.11

   Rev % Growth              20.46%          -2.44%             -5.40%          -5.64%           6.45%    Yearly EPS                               $2.00                $2.50           +0.50

   EPS                        $1.84           $2.00              $0.67            $0.83           $2.00   Factor                  Actual EPS Growth            Est EPS Growth          Change

   EPS % Growth             -44.24%           8.70%         -66.50%             23.88%         140.96%    3-5 year EPS                          2.69%                   6.50%           +3.81




    EPS Surprise                                                                                          EPS Quarterly Results


                                Estimate               Actual            Difference       % Difference    FY                   Qtr 1           Qtr 2            Qtr 3        Qtr 4       Total

    Latest Qtr                     $0.18               $0.30                 $0.12              66.67     01/09               $-0.21           $0.02          $-0.08        $1.10       $0.83

    1 Qtr Ago                      $1.51               $1.59                 $0.08               5.30     01/10                $0.05           $0.35           $0.02        $1.57       $1.99

    2 Qtr Ago                      $0.03               $0.08                 $0.05             166.67     01/11                $0.31                 -              -            -           -

    3 Qtr Ago                      $0.28               $0.35                 $0.07              25.00     Fiscal Year End Month is January.




 I want to receive special offers about trading stocks with your brokerage partner, optionsXpress. Click here                                              www.chaikinpowertools.com
Price Trend & Expert Opinions

    Price/Volume Activity
                                                     Price/Volume Activity Rating

    Relative Strength vs Market                      Neutral

    Chaikin Money Flow
                                                     Price and volume activity for M is neutral. M has outperformed the S&P 500 over
                                                     26 weeks and is in a decelerating price trend compared to 4 months ago.
    Price Trend
                                                     The rank for M is based on its price strength versus the market, positive Chaikin
    Price Trend ROC
                                                     money flow, a positive Chaikin price trend, a negative Chaikin price trend ROC
                                                     and a decreasing volume trend.
    Volume Trend




   Relative Strength vs S&P500 Index                                                          Chaikin Money Flow




   Chart shows whether M is performing better or worse than the market.                        Chaikin Money Flow analyzes supply and demand for a company's stock.



    Price Activity                                               Price Activity                                           Volume Activity

    Factor                                         Value        Factor                                           Value   Factor                                         Value

    52 Week High                                   30.46        % Change Price - 4 Weeks                        8.28%    Average Volume 20 Days                     7,395,910

    52 Week Low                                    17.16        % Change Price - 24 Weeks                       30.17%   Average Volume 90 Days                     9,022,399

    % Change YTD Rel S&P 500                     10.87%         % Change Price - 4 Wks Rel to S&P               3.14%    Chaikin Money Flow Persistency                  61%

                                                                % Change Price - 24 Wks Rel to S&P              23.15%




    Expert Opinions
                                                     Expert Opinions

    Earnings Estimate Revisions                      Very Bullish
    Short Interest                                   Expert opinions about M are very positive. Analysts are raising their EPS
                                                     estimates for M and analysts's opinions on M have been more positive recently.
    Insider Activity
                                                     The rank for M is based on analysts revising earnings estimates upward, a low
                                                     short interest ratio, insiders not purchasing significant amounts of stock, optimistic
    Analyst Opinions
                                                     analyst opinions and price strength of the stock versus the Nonfood Retail-
                                                     Wholesale industry group.
    Relative Strength vs Industry




    Earnings Estimate Revisions                                  Analyst Recommendations                                  EPS Estimates Revision Summary

                       Current      7 Days Ago % Change         Factor                                           Value                            Last Week    Last 4 Weeks

   Current Qtr           0.46             0.44   +4.55%         Mean this Week                                     Buy                         Up     Down         Up   Down

   Next Qtr              0.13             0.13    0.00%         Mean Last Week                                     Buy   Curr Qtr                 2       0         2       0

                                                                                                                         Curr Yr                  0       0         2       0
                       Current      30 Days Ago % Change        Change                                            0.00
                                                                                                                         Next Qtr                 1       0         2       0
   Current FY            2.50             2.49      0.01        Mean 5 Weeks Ago                                   Buy
                                                                                                                         Next Yr                  2       0         3       0


 I want to receive special offers about trading stocks with your brokerage partner, optionsXpress. Click here                          www.chaikinpowertools.com
The Company & Its Competitors



   M's Competitors in Nonfood Retail-Wholesale                                                                     News Headlines for M

   Company     Power   Historic EPS   Projected EPS    Profit Margin       PEG           PE    Revenue(M)           Compuware buys dynaTrace for $256 million -
               Gauge         growth           growth                                                                Jul 6, 2011
   M                         2.69%           6.50%           3.77%         1.88        13.13        25,003          Owner of parking garage across from Macy's
   DDS                      -4.00%                 -         3.35%            -        19.41         6,121
                                                                                                                    downtown files for Chapter 11 bankruptcy - Jun
                                                                                                                    27, 2011
   BONT                     29.55%                 -         0.30%            -        15.71         3,046
                                                                                                                    Knife sets recall 06 14 - Jun 14, 2011
   KSS                       6.66%          12.00%           6.25%         1.06        14.45        18,391          Kohl's Raises Profit Forecast, Citing a Stronger
                                                                                                                    Consumer - May 13, 2011
   SKS                     -10.79%          18.75%           2.02%         1.88        50.87         2,786
                                                                                                                    Matthew Williamson Capsule Collection
   JCP                      -1.01%          12.00%           2.21%         1.29        20.82        17,759
                                                                                                                    Launches Tomorrow Only at Macy’s - Apr
                                                                                                                    12, 2011




       Company Details                                             Company Profile

       MACYS INC                                                   Federated Department Stores, through its subsidiaries, is one of the leading operators of
       7 WEST SEVENTH STREET                                       full-line department stores in the United States. The Company's subsidiaries operate
       CINCINNATI, OH 45202                                        department stores under the names Bloomingdale's, The Bon Marche, Burdines,
       USA                                                         Goldsmith's, Lazarus, Macy's, Rich's and Stern's. These department stores sell a wide
       Phone: 5135797000                                           range of merchandise, including men's, women's and children's apparel and accessories,
       Fax: 513-579-7555                                           cosmetics, home furnishings and other consumer goods.
       Website:
       http://http://www.macysinc.com
       Full Time Employees: 166,000
       Sector: Retail/Wholesale




  Power Gauge Ratings are created using a relative ranking system that assigns a rank of 0 to 100 (100 being the highest) to each stock in the universe. Rank is calculated
  by evaluating each of the stocks factors and combining them into a single number using a weighting formula. A stock's rank ranges from 100-0, where 100 is the
  strongest, and a rank of 95 indicates the stock is better than 95% of the stocks in the universe.

  Chaikin Stock Research(CSR) is not registered as a securities broker dealer or investment advisor with either the U.S. Securities and Exchange Commission or with any
  state securities regulatory authority. CSR is not responsible for trades executed by users of this research report, our web site or mobile app based on the information
  included herein. The information presented in this report does not represent a recommendation to buy or sell stocks or any financial instrument nor is it intended as an
  endorsement of any security or investment. The information in this report is generic by nature and is not personalized to the specific financial situation of any individual.
  The user bears complete responsibility for their own investment research and should seek the advice of a qualified investment professional before making any investment
  decisions.

  Copyright (c) 1978-(Present) by ZACKS Investment Research, Inc ("ZACKS"). The information, data, analyses and opinions contained herein (1) includes the
  confidential and proprietary information of ZACKS, (2) may not be copied or redistributed, for any purpose, (3) does not constitute investment advice offered by
  ZACKS, (4) are provided solely for informational purposes, and (5) are not warranted or represented to be correct, complete, accurate or timely. ZACKS shall not be
  responsible for investment decisions, damages or other losses resulting from, or related to, use of this information, data, analyses or opinions. Past performance is no
  guarantee of future performance. ZACKS is not affiliated with Chaikin Power Tools.

  This report from Chaikin Power Tools is for informational purposes only and is not a recommendation to buy or sell securities.


                                                                                                                                                                     LM 2.3 DS 3.0 LS 2.1


 Data Provided by ZACKS Investment Research, Inc., www.zacks.com                     Special offers to trade stocks from optionsXpress: www.chaikinpowertools.com

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Stock Research Report for M as of 7/8/11 - Chaikin Power Tools

  • 1. MACYS INC (M) Price: $30.46 Industry: Nonfood Retail-Wholesale Chaikin Power Gauge Report | Generated: Fri Jul 08 15:56 EDT 2011 M MACYS INC $30.46 Power Gauge Rating M - Very Bullish TM The Chaikin Power Gauge Rating for M is very bullish due to very strong earnings performance and very positive expert opinions. Financial Metrics M's earnings performance is very strong as a result of better than expected earnings in recent quarters and an upward trend in earnings this year. Earnings Performance Price/Volume Activity Expert Opinions News Sentiment Rating Neutral M MACYS INC July 08, 2011 TM Chaikin Sentiment Gauge for M is neutral. Stories concerning M have a balanced or neutral sentiment. News Sentiment :Neutral Power Trend - 5 Year Chart The Power Gauge distills a 20 factor model into a concise picture of a stock's potential. High Potential Neutral Low Potential I want to receive special offers about trading stocks with your brokerage partner, optionsXpress. Click here www.chaikinpowertools.com
  • 2. Financials & Earnings Financial Metrics Financial Metrics Rating LT Debt/Equity Ratio Neutral Price to Book Value M's financial metrics are neutral. The company yields a high return on shareholder's equity and is carrying too much long term debt. Return on Equity The rank is based on a high long term debt to equity ratio, high return on equity, high price to sales ratio and relatively high cash flow. Price to Sales Ratio Business Value Assets and Liabilities Valuation Returns Ratio TTM Ratio TTM Ratio TTM Current Ratio 1.26 Price/Book 2.28 Return on Invest 8.2% LT Debt/Equity 1.26 Price/Sales 0.52 Return on Equity 19.0% Earnings Performance Earnings Performance Rating Earnings Growth Very Bullish Earnings Surprise M's earnings performance has been very strong. The company has outperformed analysts' earnings estimates and experienced superior earnings growth in the past 12 months. Earnings Trend The rank is based on poor EPS growth over the past 3-5 years, better than Projected P/E Ratio expected earnings in recent quarters, an upward trend in earnings this year, a relatively low projected P/E ratio and consistent earnings over the past 5 years. Earnings Consistency 5 Year Revenue and Earnings Growth EPS Estimates 01/07 01/08 01/09 01/10 01/11 Factor Actual EPS Prev EST EPS Current Change Revenue(M) 26,970.00 26,313.00 24,892.00 23,489.00 25,003.00 Quarterly EPS $0.35 $0.46 +0.11 Rev % Growth 20.46% -2.44% -5.40% -5.64% 6.45% Yearly EPS $2.00 $2.50 +0.50 EPS $1.84 $2.00 $0.67 $0.83 $2.00 Factor Actual EPS Growth Est EPS Growth Change EPS % Growth -44.24% 8.70% -66.50% 23.88% 140.96% 3-5 year EPS 2.69% 6.50% +3.81 EPS Surprise EPS Quarterly Results Estimate Actual Difference % Difference FY Qtr 1 Qtr 2 Qtr 3 Qtr 4 Total Latest Qtr $0.18 $0.30 $0.12 66.67 01/09 $-0.21 $0.02 $-0.08 $1.10 $0.83 1 Qtr Ago $1.51 $1.59 $0.08 5.30 01/10 $0.05 $0.35 $0.02 $1.57 $1.99 2 Qtr Ago $0.03 $0.08 $0.05 166.67 01/11 $0.31 - - - - 3 Qtr Ago $0.28 $0.35 $0.07 25.00 Fiscal Year End Month is January. I want to receive special offers about trading stocks with your brokerage partner, optionsXpress. Click here www.chaikinpowertools.com
  • 3. Price Trend & Expert Opinions Price/Volume Activity Price/Volume Activity Rating Relative Strength vs Market Neutral Chaikin Money Flow Price and volume activity for M is neutral. M has outperformed the S&P 500 over 26 weeks and is in a decelerating price trend compared to 4 months ago. Price Trend The rank for M is based on its price strength versus the market, positive Chaikin Price Trend ROC money flow, a positive Chaikin price trend, a negative Chaikin price trend ROC and a decreasing volume trend. Volume Trend Relative Strength vs S&P500 Index Chaikin Money Flow Chart shows whether M is performing better or worse than the market. Chaikin Money Flow analyzes supply and demand for a company's stock. Price Activity Price Activity Volume Activity Factor Value Factor Value Factor Value 52 Week High 30.46 % Change Price - 4 Weeks 8.28% Average Volume 20 Days 7,395,910 52 Week Low 17.16 % Change Price - 24 Weeks 30.17% Average Volume 90 Days 9,022,399 % Change YTD Rel S&P 500 10.87% % Change Price - 4 Wks Rel to S&P 3.14% Chaikin Money Flow Persistency 61% % Change Price - 24 Wks Rel to S&P 23.15% Expert Opinions Expert Opinions Earnings Estimate Revisions Very Bullish Short Interest Expert opinions about M are very positive. Analysts are raising their EPS estimates for M and analysts's opinions on M have been more positive recently. Insider Activity The rank for M is based on analysts revising earnings estimates upward, a low short interest ratio, insiders not purchasing significant amounts of stock, optimistic Analyst Opinions analyst opinions and price strength of the stock versus the Nonfood Retail- Wholesale industry group. Relative Strength vs Industry Earnings Estimate Revisions Analyst Recommendations EPS Estimates Revision Summary Current 7 Days Ago % Change Factor Value Last Week Last 4 Weeks Current Qtr 0.46 0.44 +4.55% Mean this Week Buy Up Down Up Down Next Qtr 0.13 0.13 0.00% Mean Last Week Buy Curr Qtr 2 0 2 0 Curr Yr 0 0 2 0 Current 30 Days Ago % Change Change 0.00 Next Qtr 1 0 2 0 Current FY 2.50 2.49 0.01 Mean 5 Weeks Ago Buy Next Yr 2 0 3 0 I want to receive special offers about trading stocks with your brokerage partner, optionsXpress. Click here www.chaikinpowertools.com
  • 4. The Company & Its Competitors M's Competitors in Nonfood Retail-Wholesale News Headlines for M Company Power Historic EPS Projected EPS Profit Margin PEG PE Revenue(M) Compuware buys dynaTrace for $256 million - Gauge growth growth Jul 6, 2011 M 2.69% 6.50% 3.77% 1.88 13.13 25,003 Owner of parking garage across from Macy's DDS -4.00% - 3.35% - 19.41 6,121 downtown files for Chapter 11 bankruptcy - Jun 27, 2011 BONT 29.55% - 0.30% - 15.71 3,046 Knife sets recall 06 14 - Jun 14, 2011 KSS 6.66% 12.00% 6.25% 1.06 14.45 18,391 Kohl's Raises Profit Forecast, Citing a Stronger Consumer - May 13, 2011 SKS -10.79% 18.75% 2.02% 1.88 50.87 2,786 Matthew Williamson Capsule Collection JCP -1.01% 12.00% 2.21% 1.29 20.82 17,759 Launches Tomorrow Only at Macy’s - Apr 12, 2011 Company Details Company Profile MACYS INC Federated Department Stores, through its subsidiaries, is one of the leading operators of 7 WEST SEVENTH STREET full-line department stores in the United States. The Company's subsidiaries operate CINCINNATI, OH 45202 department stores under the names Bloomingdale's, The Bon Marche, Burdines, USA Goldsmith's, Lazarus, Macy's, Rich's and Stern's. These department stores sell a wide Phone: 5135797000 range of merchandise, including men's, women's and children's apparel and accessories, Fax: 513-579-7555 cosmetics, home furnishings and other consumer goods. Website: http://http://www.macysinc.com Full Time Employees: 166,000 Sector: Retail/Wholesale Power Gauge Ratings are created using a relative ranking system that assigns a rank of 0 to 100 (100 being the highest) to each stock in the universe. Rank is calculated by evaluating each of the stocks factors and combining them into a single number using a weighting formula. A stock's rank ranges from 100-0, where 100 is the strongest, and a rank of 95 indicates the stock is better than 95% of the stocks in the universe. Chaikin Stock Research(CSR) is not registered as a securities broker dealer or investment advisor with either the U.S. Securities and Exchange Commission or with any state securities regulatory authority. CSR is not responsible for trades executed by users of this research report, our web site or mobile app based on the information included herein. The information presented in this report does not represent a recommendation to buy or sell stocks or any financial instrument nor is it intended as an endorsement of any security or investment. The information in this report is generic by nature and is not personalized to the specific financial situation of any individual. The user bears complete responsibility for their own investment research and should seek the advice of a qualified investment professional before making any investment decisions. Copyright (c) 1978-(Present) by ZACKS Investment Research, Inc ("ZACKS"). The information, data, analyses and opinions contained herein (1) includes the confidential and proprietary information of ZACKS, (2) may not be copied or redistributed, for any purpose, (3) does not constitute investment advice offered by ZACKS, (4) are provided solely for informational purposes, and (5) are not warranted or represented to be correct, complete, accurate or timely. ZACKS shall not be responsible for investment decisions, damages or other losses resulting from, or related to, use of this information, data, analyses or opinions. Past performance is no guarantee of future performance. ZACKS is not affiliated with Chaikin Power Tools. This report from Chaikin Power Tools is for informational purposes only and is not a recommendation to buy or sell securities. LM 2.3 DS 3.0 LS 2.1 Data Provided by ZACKS Investment Research, Inc., www.zacks.com Special offers to trade stocks from optionsXpress: www.chaikinpowertools.com