Shares of Marcus Corp (NYSE:MCS) have earned a consensus recommendation of “Buy” from the six analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $22.67.
A number of equities analysts have weighed in on MCS shares. Zacks Investment Research lowered Marcus from a “buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. B. Riley upgraded Marcus from a “neutral” rating to a “buy” rating and upped their target price for the stock from $15.00 to $27.00 in a research note on Monday. Benchmark upped their target price on Marcus from $15.00 to $21.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Barrington Research reiterated a “buy” rating and set a $20.00 price objective on shares of Marcus in a research report on Tuesday, May 12th. Finally, ValuEngine upgraded Marcus from a “hold” rating to a “buy” rating in a research report on Monday, June 1st.
Shares of NYSE:MCS traded down $0.85 during midday trading on Thursday, reaching $13.76. 6,883 shares of the company traded hands, compared to its average volume of 330,095. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.01. Marcus has a 12 month low of $6.95 and a 12 month high of $37.64. The firm has a market capitalization of $411.18 million, a price-to-earnings ratio of 22.48 and a beta of 1.26. The firm’s fifty day moving average price is $14.05 and its two-hundred day moving average price is $20.35.
Marcus (NYSE:MCS) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.29) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.11. The company had revenue of $159.46 million for the quarter, compared to analyst estimates of $138.69 million. Marcus had a return on equity of 6.05% and a net margin of 2.57%. Analysts forecast that Marcus will post -2.33 earnings per share for the current year.
A number of hedge funds have recently modified their holdings of the stock. State Street Corp boosted its holdings in Marcus by 25.4% during the 1st quarter. State Street Corp now owns 853,326 shares of the company’s stock valued at $10,513,000 after acquiring an additional 172,955 shares during the period. Royal Bank of Canada boosted its holdings in Marcus by 9.6% during the 1st quarter. Royal Bank of Canada now owns 37,794 shares of the company’s stock valued at $465,000 after acquiring an additional 3,303 shares during the period. State of Tennessee Treasury Department boosted its holdings in Marcus by 21.9% during the 1st quarter. State of Tennessee Treasury Department now owns 7,655 shares of the company’s stock valued at $94,000 after acquiring an additional 1,375 shares during the period. FDx Advisors Inc. purchased a new stake in Marcus during the 1st quarter valued at about $287,000. Finally, APG Asset Management N.V. purchased a new stake in Marcus during the 1st quarter valued at about $3,542,000. Institutional investors own 65.30% of the company’s stock.
The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. As of March 12, 2019, it owned or operated 1,098 screens at 90 locations in 17 states; and owned and managed 21 hotels, resorts, and other properties in nine states. The company also operates a family entertainment center under the Funset Boulevard name in Appleton, Wisconsin, as well as owns and operates a retail outlet under the name of Ronnie's Plaza.
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