Marcus’ (MCS) “Hold (C)” Rating Reiterated at Weiss Ratings

by · The Markets Daily

Weiss Ratings reiterated their hold (c) rating on shares of Marcus (NYSE:MCS – Free Report) in a research report released on Tuesday,Weiss Ratings reports.

Other research analysts have also issued research reports about the stock. Barrington Research reaffirmed an “outperform” rating and set a $25.00 price objective on shares of Marcus in a research report on Tuesday, September 23rd. Zacks Research raised shares of Marcus from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 18th. Wedbush initiated coverage on shares of Marcus in a research report on Friday, July 18th. They issued an “outperform” rating and a $24.00 price target for the company. Finally, Benchmark dropped their price target on shares of Marcus from $25.00 to $22.00 and set a “buy” rating for the company in a research report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $23.75.

Get Our Latest Stock Analysis on Marcus

Marcus Stock Down 2.5%

Shares of MCS opened at $13.09 on Tuesday. The company has a 50-day simple moving average of $15.16 and a 200-day simple moving average of $16.26. The firm has a market capitalization of $409.85 million, a P/E ratio of 29.09, a P/E/G ratio of 2.46 and a beta of 1.02. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.39 and a current ratio of 0.39. Marcus has a 52 week low of $12.95 and a 52 week high of $23.16.

Marcus (NYSE:MCS – Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The business had revenue of $206.04 million during the quarter, compared to analyst estimates of $192.79 million. Marcus had a net margin of 1.91% and a return on equity of 4.28%. On average, equities research analysts expect that Marcus will post 0.36 earnings per share for the current year.

Marcus Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, August 25th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.4%. This is a boost from Marcus’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Monday, August 25th. Marcus’s dividend payout ratio (DPR) is currently 71.11%.

Institutional Trading of Marcus

Large investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its stake in Marcus by 60.2% during the second quarter. Tower Research Capital LLC TRC now owns 2,494 shares of the company’s stock worth $42,000 after buying an additional 937 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in Marcus by 45.3% during the second quarter. Harbor Capital Advisors Inc. now owns 6,599 shares of the company’s stock worth $111,000 after buying an additional 2,057 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Marcus by 38.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,700 shares of the company’s stock worth $145,000 after buying an additional 2,424 shares during the last quarter. PharVision Advisers LLC bought a new stake in Marcus during the second quarter worth about $180,000. Finally, Fox Run Management L.L.C. bought a new stake in Marcus during the second quarter worth about $199,000. 81.57% of the stock is owned by institutional investors.

Marcus Company Profile

(Get Free Report)

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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