ASX:MYRMyer Stock Price, Forecast & News

A$0.27

+0.01 (+3.85 %)

(As of 05/13/2020)

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Today's Range

A$0.25

Now: A$0.27▼

A$0.29

50-Day Range

A$0.16

MA: A$0.23▼

A$0.32

52-Week Range

A$0.08

Now: A$0.27▼

A$0.69

Volume33.45 million shs

Average Volume6.09 million shs

Market Capitalization$221.75 million

P/E Ratio20.77

Dividend YieldN/A

BetaN/A

Myer Holdings Limited, together with its subsidiaries, operates department stores in Australia. The company offers products in various categories that include women's wear; men's wear; youth wear; children's wear; intimate apparel; beauty, fragrance, and cosmetics; homewares; electrical goods; toys; footwear, handbags, and accessories; and general merchandise. It also provides customer loyalty programs. The company operates approximately 60 stores under the Myer brand name. Myer Holdings Limited was founded in 1900 and is based in Docklands, Australia.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Myer.

2.0 Community Rank

Outperform Votes
Myer has received 95 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Myer has received 138 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Myer has received 59.23% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Myer and other stocks. Vote “Outperform” if you believe MYR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MYR will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Myer does not currently pay a dividend.
Dividend Growth
Myer does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Myer insiders have bought more of their company's stock than they have sold. Specifically, they have bought A$136,500.00 in company stock and sold A$0.00 in company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Myer are expected to decrease by -100.00% in the coming year, from A$0.04 to A$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Myer is 20.77, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Myer is 20.77, which means that it is trading at a less expensive P/E ratio than the Services sector average P/E ratio of about 21.93.
Price to Book Value per Share Ratio
Myer has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.25 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ASX

Industry Department Stores

Sub-IndustryN/A

SectorServices

Current SymbolASX:MYR

Previous SymbolASX:MYR,

CUSIPN/A

CIKN/A

Webwww.myer.com.au

Phone+61-3-86676000

Debt

Debt-to-Equity Ratio509.35

Current Ratio0.82

Quick Ratio0.31

Price-To-Earnings

Trailing P/E Ratio20.77

Forward P/E Ratio6.88

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.46 billion

Price / Sales0.09

Cash FlowA$0.22 per share

Price / Cash Flow1.23

Book ValueA$0.46 per share

Price / Book0.59

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares821,278,976

Market Cap$221.75 million

Next Earnings DateN/A

OptionableNot Optionable

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Myer (ASX:MYR) Frequently Asked Questions

How has Myer's stock been impacted by COVID-19 (Coronavirus)?

Myer's stock was trading at A$0.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MYR shares have increased by 8.0% and is now trading at A$0.27. View which stocks have been most impacted by Coronavirus.

How were Myer's earnings last quarter?

Myer Holdings Ltd (ASX:MYR) issued its earnings results on Tuesday, September, 11th. The company reported ($0.59) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.63. View Myer's earnings history.

Has Myer been receiving favorable news coverage?

News coverage about MYR stock has been trending very positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Myer earned a media sentiment score of 3.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutMyer.

Who are some of Myer's key competitors?

Some companies that are related to Myer include Briscoe Group (BGP), Dillard's (DDS), J C Penney (JCP), McColl's Retail Group (MCLS), Aumake International (AU8), Laura Ashley (ALY), FAMILYMART UNY/ADR (FYRTY), HARVEY NORMAN H/ADR (HNORY), Hudson's Bay (HBAYF), LIVEPOL/BRSH MXN (ELPQF), Lojas Renner (LRENY), Sears Canada (SRSCQ), Seven & i (RYKKY), SHOPRITE HOLDIN/S (SRGHY) and SUN ART RETAIL/ADR (SURRY). View all competitors.

What other stocks do shareholders of Myer own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Myer investors own include Kalium Lakes (KLL), Alumina (AWC), A2 Milk (A2M), Telstra (TLS), Spark New Zealand (SPK), Select Harvests (SHV) and Metcash (MTS).

Who are Myer's key executives?

Myer's management team includes the following people:

Mr. John Anthony King, CEO, MD & Director (Age 56)
Mr. Nigel Chadwick, Chief Financial Officer
Mr. Allan Winstanley, Chief Merchandise Officer
Mr. A. Sutton, Retail Operations Director
Davina Gunn, Gen. Mang. of Investor Relations

What is Myer's stock symbol?

Myer trades on the ASX under the ticker symbol "MYR."

What is Myer's stock price today?

One share of MYR stock can currently be purchased for approximately A$0.27.

How big of a company is Myer?

Myer has a market capitalization of $221.75 million and generates $2.46 billion in revenue each year.

What is Myer's official website?

The official website for Myer is www.myer.com.au.

How can I contact Myer?

Myer's mailing address is G PO Box 869, MELBOURNE, VIC 3001, Australia. The company can be reached via phone at +61-3-86676000.

This page was last updated on 6/2/2020 by MarketBeat.com Staff