Marcus (NYSE:MCS) Rating Lowered to "Hold" at StockNews.com

Marcus (NYSE:MCS - Get Free Report) was downgraded by investment analysts at StockNews.com from a "buy" rating to a "hold" rating in a report released on Thursday.

Several other equities research analysts have also recently weighed in on the company. Barrington Research reissued an "outperform" rating and set a $25.00 price objective on shares of Marcus in a research note on Tuesday, May 6th. Benchmark reiterated a "buy" rating and set a $25.00 price objective on shares of Marcus in a research report on Friday, April 11th.

Marcus Stock Performance

Shares of NYSE MCS traded up $0.01 during midday trading on Thursday, hitting $16.88. 5,342 shares of the stock traded hands, compared to its average volume of 392,469. Marcus has a one year low of $9.56 and a one year high of $23.16. The firm has a 50-day moving average of $16.53 and a two-hundred day moving average of $19.37. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.54 and a current ratio of 0.54. The firm has a market capitalization of $535.76 million, a P/E ratio of -49.50, a PEG ratio of 3.12 and a beta of 1.22.

Marcus (NYSE:MCS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.52) by ($0.02). Marcus had a negative net margin of 1.44% and a positive return on equity of 1.39%. The firm had revenue of $148.77 million for the quarter, compared to the consensus estimate of $145.50 million. On average, equities analysts forecast that Marcus will post 0.36 EPS for the current fiscal year.

Institutional Trading of Marcus

A number of institutional investors have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership boosted 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 in the last quarter. Barclays PLC boosted its holdings in Marcus by 135.3% in the third quarter. Barclays PLC now owns 392,388 shares of the company's stock worth $5,913,000 after acquiring an additional 225,644 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Marcus by 303.7% in the 4th quarter. Renaissance Technologies LLC now owns 257,089 shares of the company's stock worth $5,527,000 after purchasing an additional 193,400 shares in the last quarter. Peapod Lane Capital LLC acquired a new stake in Marcus in the 4th quarter worth approximately $3,258,000. Finally, American Century Companies Inc. boosted its stake in Marcus by 23.4% in the 4th quarter. American Century Companies Inc. now owns 736,619 shares of the company's stock worth $15,837,000 after purchasing an additional 139,577 shares in the last quarter. 81.57% of the stock is currently owned by institutional investors.

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.