Barrington Research reaffirmed their outperform rating on shares of Marcus (NYSE:MCS – Free Report) in a report issued on Thursday, Benzinga reports. They currently have a $20.00 price target on the stock.
MCS has been the subject of a number of other reports. Benchmark upped their target price on Marcus from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. B. Riley upped their price objective on Marcus from $19.00 to $20.00 and gave the company a “buy” rating in a report on Monday, July 8th. Finally, StockNews.com raised Marcus from a “sell” rating to a “hold” rating in a report on Tuesday, September 24th.
Marcus Price Performance
Marcus (NYSE:MCS – Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.20). The company had revenue of $176.03 million for the quarter, compared to the consensus estimate of $170.74 million. Marcus had a positive return on equity of 1.39% and a negative net margin of 1.44%. During the same quarter last year, the firm posted $0.35 earnings per share. Equities analysts expect that Marcus will post -0.03 EPS for the current year.
Institutional Investors Weigh In On Marcus
Several large investors have recently modified their holdings of the stock. Innealta Capital LLC purchased a new stake in shares of Marcus during the second quarter valued at $30,000. nVerses Capital LLC acquired a new stake in Marcus during the 3rd quarter worth about $32,000. CWM LLC lifted its stake in Marcus by 3,319.0% during the second quarter. CWM LLC now owns 2,872 shares of the company’s stock valued at $33,000 after buying an additional 2,788 shares in the last quarter. GAMMA Investing LLC lifted its stake in Marcus by 53.0% during the third quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock valued at $58,000 after buying an additional 1,336 shares in the last quarter. Finally, Creative Planning acquired a new position in shares of Marcus in the third quarter worth about $159,000. 81.57% of the stock is owned by institutional investors.
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.
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