Marcus (NYSE:MCS) Rating Increased to Strong-Buy at B. Riley

Marcus (NYSE:MCS - Get Free Report) was upgraded by equities research analysts at B. Riley to a "strong-buy" rating in a research note issued to investors on Thursday, May 15th,Zacks.com reports.

Several other research analysts have also weighed in on the company. Wall Street Zen lowered Marcus from a "buy" rating to a "hold" rating in a research report on Thursday, May 15th. Barrington Research reaffirmed an "outperform" rating and set a $25.00 target price on shares of Marcus in a research note on Tuesday, May 6th. Finally, Benchmark reissued a "buy" rating and issued a $25.00 price target on shares of Marcus in a research note on Friday, April 11th.

Marcus Trading Up 1.3%

Marcus stock traded up $0.21 during mid-day trading on Thursday, hitting $16.81. 45,148 shares of the stock were exchanged, compared to its average volume of 387,551. The stock has a market capitalization of $526.12 million, a price-to-earnings ratio of -49.51, a PEG ratio of 3.12 and a beta of 1.22. Marcus has a 12 month low of $9.56 and a 12 month high of $23.16. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The firm's fifty day simple moving average is $16.56 and its two-hundred day simple moving average is $19.33.

Marcus (NYSE:MCS - Get Free Report) last posted 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 firm 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%. Analysts forecast that Marcus will post 0.36 EPS for the current year.

Institutional Trading of Marcus

Large investors have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership raised its stake in Marcus by 69.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 599,118 shares of the company's stock worth $12,881,000 after buying an additional 246,375 shares during the period. Barclays PLC increased its holdings in shares of Marcus by 135.3% during the third quarter. Barclays PLC now owns 392,388 shares of the company's stock valued at $5,913,000 after acquiring an additional 225,644 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Marcus by 303.7% during the fourth 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 during the period. Peapod Lane Capital LLC bought a new position in shares of Marcus in the 4th quarter worth $3,258,000. Finally, American Century Companies Inc. grew its position in Marcus by 23.4% in the 4th quarter. American Century Companies Inc. now owns 736,619 shares of the company's stock valued at $15,837,000 after purchasing an additional 139,577 shares during the period. 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.