Marriott International (NASDAQ:MAR) Rating Increased to Strong-Buy at China Intl Cap

Key Points

• China Intl Cap upgraded Marriott International to “strong buy,” while the broader analyst consensus remains “Moderate Buy” with an average price target of $386.65.
• Marriott’s latest quarterly results exceeded expectations, with EPS of $3.19 versus the $3.08 consensus and revenue of $2.01 billion; analysts expect approximately $11.70 in EPS for the current fiscal year.
• Shares opened at $354.58, up 1.5%, but remain below their 52-week high of $410.98. An executive recently sold 3,000 shares, while institutional investors own 70.70% of the company.

Marriott International (NASDAQ:MAR - Get Free Report) was upgraded by China Intl Cap to a "strong-buy" rating in a research report issued on Wednesday,Zacks.com reports.

A number of other equities research analysts also recently weighed in on MAR. Sanford C. Bernstein set a $412.00 price objective on Marriott International in a report on Monday, June 15th. Stifel Nicolaus raised their target price on Marriott International from $352.00 to $365.00 and gave the stock a "hold" rating in a research report on Friday, July 17th. CICC Research began coverage on Marriott International in a research note on Wednesday. They issued an "outperform" rating on the stock. BMO Capital Markets lowered their price target on Marriott International from $410.00 to $395.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 4th. Finally, UBS Group reissued a "neutral" rating on shares of Marriott International in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $386.65.

Marriott International Trading Up 1.5%

Shares of NASDAQ MAR opened at $354.58 on Wednesday. Marriott International has a one year low of $256.76 and a one year high of $410.98. The business has a fifty day simple moving average of $375.56 and a 200 day simple moving average of $356.13. The firm has a market capitalization of $92.46 billion, a price-to-earnings ratio of 36.74, a PEG ratio of 2.71 and a beta of 1.10.

Marriott International (NASDAQ:MAR - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company had revenue of $2.01 billion during the quarter, compared to analysts' expectations of $7.19 billion. During the same quarter in the prior year, the company posted $2.65 EPS. The business's revenue was up 4.8% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. On average, research analysts anticipate that Marriott International will post 11.7 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Peggy Roe sold 3,000 shares of the firm's stock in a transaction on Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the completion of the sale, the executive vice president directly owned 19,827 shares of the company's stock, valued at $7,168,650.12. This trade represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.43% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MAR. Evelyn Partners Investment Management Services Ltd bought a new position in shares of Marriott International in the first quarter worth about $25,000. Wilkerson Advisory Group LLC lifted its position in Marriott International by 127.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 84 shares of the company's stock valued at $27,000 after purchasing an additional 47 shares during the period. IMG Wealth Management Inc. boosted its stake in shares of Marriott International by 100.0% in the 1st quarter. IMG Wealth Management Inc. now owns 82 shares of the company's stock valued at $27,000 after purchasing an additional 41 shares during the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of Marriott International during the fourth quarter worth approximately $27,000. Finally, McMillan Office Inc. bought a new position in Marriott International in the fourth quarter valued at approximately $27,000. 70.70% of the stock is owned by institutional investors.

Marriott International Company Profile

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company's brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source