Marcus (NYSE:MCS)‘s stock had its “hold” rating reissued by investment analysts at Deutsche Bank in a research note issued to investors on Friday, Stock Target Advisor reports.
MCS has been the subject of several other research reports. Zacks Investment Research downgraded shares of Marcus from a “hold” rating to a “sell” rating in a research note on Friday, October 11th. ValuEngine downgraded shares of Marcus from a “buy” rating to a “hold” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. Marcus presently has an average rating of “Hold” and an average target price of $44.50.
MCS opened at $34.31 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.36 and a quick ratio of 0.39. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 1.40 and a beta of 0.53. The firm has a 50 day simple moving average of $35.75 and a 200 day simple moving average of $35.10. Marcus has a fifty-two week low of $31.90 and a fifty-two week high of $45.82.
Marcus (NYSE:MCS) last issued its earnings results on Thursday, October 24th. The company reported $0.46 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.09). Marcus had a net margin of 5.44% and a return on equity of 8.86%. The firm had revenue of $211.46 million during the quarter, compared to the consensus estimate of $209.59 million. As a group, analysts expect that Marcus will post 1.72 EPS for the current year.
Large investors have recently modified their holdings of the business. Financial Gravity Wealth Inc. increased its stake in Marcus by 3,288.9% in the second quarter. Financial Gravity Wealth Inc. now owns 915 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Marcus in the second quarter valued at approximately $38,000. NumerixS Investment Technologies Inc bought a new stake in Marcus in the second quarter valued at approximately $56,000. Campbell & CO Investment Adviser LLC bought a new stake in Marcus in the third quarter valued at approximately $237,000. Finally, Municipal Employees Retirement System of Michigan increased its position in shares of Marcus by 7.6% during the third quarter. Municipal Employees Retirement System of Michigan now owns 6,900 shares of the company’s stock worth $255,000 after acquiring an additional 490 shares in the last quarter. 64.60% of the stock is owned by hedge funds and other institutional investors.
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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