Marcus' (MCS) "Outperform" Rating Reiterated at Barrington Research

Marcus (NYSE:MCS - Get Free Report)'s stock had its "outperform" rating reissued by equities researchers at Barrington Research in a report issued on Tuesday,Benzinga reports. They currently have a $25.00 price objective on the stock. Barrington Research's price objective suggests a potential upside of 57.23% from the stock's current price.

A number of other brokerages have also weighed in on MCS. Benchmark reiterated a "buy" rating and issued a $25.00 price target on shares of Marcus in a report on Friday, April 11th. StockNews.com cut Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th.

Marcus Trading Down 3.0 %

Shares of MCS stock traded down $0.49 during mid-day trading on Tuesday, hitting $15.90. 80,123 shares of the company's stock were exchanged, compared to its average volume of 198,127. The stock has a market cap of $504.81 million, a price-to-earnings ratio of -46.76, a PEG ratio of 3.12 and a beta of 1.22. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. Marcus has a fifty-two week low of $9.56 and a fifty-two week high of $23.16. The stock has a 50-day simple moving average of $16.54 and a two-hundred day simple moving average of $19.38.

Marcus (NYSE:MCS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.53) by ($0.01). Marcus had a negative net margin of 1.44% and a positive return on equity of 1.39%. Equities analysts expect that Marcus will post 0.36 EPS for the current fiscal year.

Institutional Investors Weigh In On Marcus

Several hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its stake in shares of Marcus by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,481,190 shares of the company's stock valued at $31,845,000 after buying an additional 24,325 shares during the last quarter. Vanguard Group Inc. boosted its stake in Marcus by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 1,440,951 shares of the company's stock valued at $30,980,000 after acquiring an additional 8,102 shares during the last quarter. American Century Companies Inc. grew its holdings in Marcus by 23.4% during the 4th quarter. American Century Companies Inc. now owns 736,619 shares of the company's stock worth $15,837,000 after acquiring an additional 139,577 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Marcus by 69.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 599,118 shares of the company's stock worth $12,881,000 after purchasing an additional 246,375 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Marcus by 135.3% in the 3rd quarter. Barclays PLC now owns 392,388 shares of the company's stock valued at $5,913,000 after purchasing an additional 225,644 shares in the last quarter. 81.57% of the stock is currently owned by hedge funds and other institutional investors.

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.

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