Strong Fundamental: The Macerich Company (MAC)

Company Profile:

The Macerich Company is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. The Macerich Company was founded in 1964 and is headquartered in Santa Monica, California with additional offices in Phoenix, Arizona; Dallas, Texas; Pittsford, New York.

Recent News:

11 analysts have set the short term price target of Macerich Company (The) (NYSE:MAC) at $83.09. The standard deviation of short term price target has been estimated at $5.17, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 95 and $76 respectively.

Tysons Tower – the twenty-two story property that is a key component of the Company’s breakthrough, mixed-use urban expansion at Tysons Corner – has received AIA Northern Virginia’s 2015 Award of Excellence for Commercial Architecture.

Fundemental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

MAC’s strengths can be seen in its strong growth and strong profitability. Its revenue and net income have increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in MACD and Stochastic Oscillator. RSI is increasing to 46.80. The current P/E ratio indicates it is undervalued compared to the average P/E ratio of the industry and the sector. We rate The Macerich Company (MAC) a Strong BUY.