Barrington Research Reiterates "Outperform" Rating for Marcus (NYSE:MCS)

Marcus (NYSE:MCS - Get Free Report)'s stock had its "outperform" rating reaffirmed by Barrington Research in a research note issued to investors on Friday,Benzinga reports. They currently have a $25.00 price target on the stock. Barrington Research's target price would indicate a potential upside of 33.56% from the stock's current price.

Several other research firms have also issued reports on MCS. B. Riley assumed coverage on shares of Marcus in a research note on Friday, May 16th. They issued a "buy" rating and a $24.00 target price for the company. Benchmark reaffirmed a "buy" rating and issued a $25.00 price objective on shares of Marcus in a research report on Friday, April 11th. Finally, Wall Street Zen lowered shares of Marcus from a "buy" rating to a "hold" rating in a research note on Thursday, May 15th.

Marcus Stock Up 0.0%

Shares of MCS traded up $0.01 during trading hours on Friday, reaching $18.72. The stock had a trading volume of 66,441 shares, compared to its average volume of 382,687. The firm has a 50-day simple moving average of $16.60 and a 200 day simple moving average of $19.19. Marcus has a 12 month low of $9.56 and a 12 month high of $23.16. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $585.84 million, a price-to-earnings ratio of -55.07, a P/E/G ratio of 3.12 and a beta of 1.22.

Marcus (NYSE:MCS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.52) by ($0.02). The business had revenue of $148.77 million for the quarter, compared to analyst estimates of $145.50 million. Marcus had a positive return on equity of 1.39% and a negative net margin of 1.44%. Equities research analysts predict that Marcus will post 0.36 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Marcus

Institutional investors have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC raised its position in Marcus by 2,908.9% in the fourth quarter. Lazard Asset Management LLC now owns 2,377 shares of the company's stock worth $51,000 after acquiring an additional 2,298 shares during the period. Quarry LP purchased a new position in Marcus in the fourth quarter valued at approximately $70,000. National Bank of Canada FI grew its stake in shares of Marcus by 407,500.0% during the 4th quarter. National Bank of Canada FI now owns 4,076 shares of the company's stock worth $88,000 after acquiring an additional 4,075 shares during the period. Harbor Capital Advisors Inc. bought a new position in Marcus during the first quarter worth about $76,000. Finally, KLP Kapitalforvaltning AS bought a new stake in Marcus during the 4th quarter valued at $114,000. 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.