Marcus (NYSE:MCS) Rating Reiterated by Barrington Research

Barrington Research reissued their outperform rating on shares of Marcus (NYSE:MCS) in a report released on Monday, Benzinga reports. Barrington Research currently has a $20.00 price target on the stock.

MCS has been the subject of several other reports. StockNews.com downgraded Marcus from a buy rating to a hold rating in a report on Thursday, February 1st. Benchmark reissued a buy rating and set a $20.00 target price on shares of Marcus in a research report on Tuesday, March 5th.

Marcus Price Performance

Shares of MCS stock opened at $11.40 on Monday. The company has a market capitalization of $361.61 million, a P/E ratio of 46.96, a P/E/G ratio of 6.35 and a beta of 1.48. The company’s 50-day simple moving average is $13.77 and its two-hundred day simple moving average is $14.22. Marcus has a one year low of $11.21 and a one year high of $16.75. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.43 and a quick ratio of 0.43.

Marcus (NYSE:MCS) last announced its quarterly earnings data on Thursday, February 29th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.12. The company had revenue of $161.53 million for the quarter, compared to analysts’ expectations of $160.75 million. Marcus had a return on equity of 2.66% and a net margin of 1.73%. As a group, equities analysts anticipate that Marcus will post 0.13 EPS for the current year.

Marcus Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date was Friday, March 1st. Marcus’s dividend payout ratio (DPR) is currently 116.67%.

Hedge Funds Weigh In On Marcus

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its holdings in shares of Marcus by 193.2% in the 4th quarter. Parallel Advisors LLC now owns 1,891 shares of the company’s stock valued at $28,000 after buying an additional 1,246 shares in the last quarter. GAMMA Investing LLC purchased a new stake in Marcus during the fourth quarter valued at approximately $33,000. Cornerstone Investment Partners LLC acquired a new stake in Marcus in the first quarter valued at approximately $169,000. Louisiana State Employees Retirement System purchased a new position in Marcus in the fourth quarter worth $179,000. Finally, SG Americas Securities LLC acquired a new position in shares of Marcus during the third quarter worth $210,000. Hedge funds and other institutional investors own 81.57% of the company’s stock.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.