Barrington Research reiterated their outperform rating on shares of Marcus (NYSE:MCS - Free Report) in a report published on Monday morning, Benzinga reports. Barrington Research currently has a $20.00 target price on the stock.
Several other research firms have also issued reports on MCS. Benchmark reissued a buy rating and set a $20.00 price objective on shares of Marcus in a research note on Tuesday, March 5th. StockNews.com lowered Marcus from a buy rating to a hold rating in a research note on Thursday, February 1st.
View Our Latest Analysis on Marcus
Marcus Trading Down 5.4 %
Shares of MCS stock traded down $0.64 during mid-day trading on Monday, reaching $11.27. 787,866 shares of the stock traded hands, compared to its average volume of 431,001. The stock's fifty day simple moving average is $13.84 and its two-hundred day simple moving average is $14.25. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.37. The company has a market cap of $357.48 million, a price-to-earnings ratio of 46.96, a price-to-earnings-growth ratio of 6.35 and a beta of 1.48. Marcus has a 1-year low of $11.21 and a 1-year high of $16.75.
Marcus (NYSE:MCS - Get Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.12. The firm had revenue of $161.53 million during the quarter, compared to the consensus estimate of $160.75 million. Marcus had a return on equity of 2.66% and a net margin of 1.73%. On average, research analysts anticipate that Marcus will post 0.13 EPS for the current fiscal year.
Marcus Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.28 dividend on an annualized basis and a yield of 2.48%. Marcus's payout ratio is 116.67%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the stock. Parallel Advisors LLC boosted its position in shares of Marcus by 193.2% in the 4th quarter. Parallel Advisors LLC now owns 1,891 shares of the company's stock worth $28,000 after purchasing an additional 1,246 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Marcus in the 4th quarter worth approximately $33,000. Cornerstone Investment Partners LLC bought a new stake in shares of Marcus in the 1st quarter worth approximately $169,000. Louisiana State Employees Retirement System bought a new position in Marcus in the 4th quarter valued at approximately $179,000. Finally, SG Americas Securities LLC bought a new position in Marcus in the 3rd quarter valued at approximately $210,000. Hedge funds and other institutional investors own 81.57% of the company's stock.
Marcus Company Profile
(
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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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