Marcus (NYSE:MCS) Rating Reiterated by Barrington Research

Marcus (NYSE:MCS)‘s stock had its “outperform” rating reissued by research analysts at Barrington Research in a research report issued on Monday, Benzinga reports. They presently have a $20.00 target price on the stock. Barrington Research’s target price would indicate a potential upside of 73.31% from the stock’s previous close.

Several other research analysts also recently commented on the stock. StockNews.com downgraded shares of Marcus from a “buy” rating to a “hold” rating in a research report on Thursday, February 1st. Benchmark reissued a “buy” rating and set a $20.00 target price on shares of Marcus in a research note on Tuesday, March 5th.

Marcus Stock Performance

Marcus stock traded down $0.37 during midday trading on Monday, hitting $11.54. The company’s stock had a trading volume of 389,035 shares, compared to its average volume of 426,174. 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 has a 1-year low of $11.49 and a 1-year high of $16.75. The company has a 50-day moving average price of $13.84 and a two-hundred day moving average price of $14.25. The company has a market cap of $366.05 million, a price-to-earnings ratio of 48.50, a PEG ratio of 6.35 and a beta of 1.48.

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

Institutional Investors Weigh In On Marcus

Large investors have recently modified their holdings of the company. Pacer Advisors Inc. acquired a new stake in Marcus during the 4th quarter worth about $15,410,000. Gate City Capital Management LLC acquired a new stake in shares of Marcus during the 4th quarter worth approximately $11,669,000. Mesirow Financial Investment Management Inc. bought a new stake in shares of Marcus in the 1st quarter valued at $3,256,000. Acadian Asset Management LLC grew its holdings in Marcus by 2,777,533.3% in the third quarter. Acadian Asset Management LLC now owns 166,658 shares of the company’s stock worth $2,582,000 after purchasing an additional 166,652 shares during the period. Finally, Russell Investments Group Ltd. acquired a new position in shares of Marcus during the fourth quarter valued at about $1,733,000. 81.57% of the stock is currently owned by institutional investors and hedge funds.

About Marcus

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.