Is TheMacerich Company (NYSE:MAC) a Good Investment?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of TheMacerich Company (NYSE:MAC) for the period of 9-Day stands at 78.24% while the stochastic %D for the same period stands at 82.31%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of The Macerich Company (NYSE:MAC) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for The Macerich Company (NYSE:MAC) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently The Macerich Company (NYSE:MAC)’s 20-Day Bollinger Band indicates “Hold”.

About Company

MACERICH CO. is a self-administered, self-managed real estate investment trust which is engaged in the acquisition, ownership, redevelopment, management and leasing of regional shopping centers located throughout the United States.

Previous Day Activity Analysis

On the last trading day, The Macerich Company (NYSE:MAC) opened the session at $57.85 and after going down -1.01% closed at $57.57. The stock lost -0.28 points in the last trade.

The Macerich Company (NYSE:MAC)’s stock fluctuated in the range of $57.05 and $58.04 during the previous active session. The Macerich Company (NYSE:MAC) traded with the volume of 1.14 Million with average volume of 1.44 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0.8 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.16 and 60.75 respectively.

Currently the Insider Ownership of the shares of The Macerich Company (NYSE:MAC) is at 0.1% and the shares outstanding are 141.7 Million.

Important Ratio Analysis

Some important ratios to consider here for The Macerich Company (NYSE:MAC) are discussed below:

Dividend yield of The Macerich Company (NYSE:MAC) stands at 4.93% whereas Price to Earnings P/E ratio stands at 56.39 while Forward P/E shows the value of 67.41.

The Price to Sale P/S and Price to Book P/B shows the value of 8 and 2.11 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 93.66 and 0 correspondingly.

The Quick Ratio of TheMacerich Company (NYSE:MAC) stands at 0 while the Current Ratio depicts the value of 0.

Return on Assets ROA of TheMacerich Company (NYSE:MAC) is at 1.5% whereas, Return on Equity ROE and Return of Investment ROI of The Macerich Company (NYSE:MAC) stand at 3.6% and 1.1% respectively.

The payout ratio of The Macerich Company (NYSE:MAC) stands at 275.9%.

Stock Performance Analysis

The stock performance of The Macerich Company (NYSE:MAC) on the basis of 5 day trade show the jump of 1.12% whereas, the monthly performance of the stock shows increase of 3.49%.

The quarterly performance of the stock remained in red zone with the value of -1.56% while six month performance of the shares of The Macerich Company (NYSE:MAC) remained bearish with the count of -13.36%.

The yearly and YTD performance of The Macerich Company (NYSE:MAC) remained down at -24.68% and -18.73% respectively.