Marcus’ (MCS) “Outperform” Rating Reiterated at Barrington Research

Marcus (NYSE:MCS)‘s stock had its “outperform” rating reiterated by investment analysts at Barrington Research in a report released on Friday, Benzinga reports. They presently have a $20.00 price objective on the stock. Barrington Research’s price objective would suggest a potential upside of 35.50% from the stock’s current price.

Several other equities analysts also recently commented on the stock. B. Riley increased their target price on shares of Marcus from $19.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, July 8th. Benchmark restated a “buy” rating and issued a $18.00 price objective on shares of Marcus in a research note on Monday, July 29th. Finally, StockNews.com lowered shares of Marcus from a “hold” rating to a “sell” rating in a research report on Monday, July 29th.

Marcus Stock Down 0.3 %

Shares of MCS stock traded down $0.04 on Friday, reaching $14.76. 107,932 shares of the company’s stock traded hands, compared to its average volume of 564,894. Marcus has a 12-month low of $9.56 and a 12-month high of $15.88. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.51 and a current ratio of 0.51. The company has a market capitalization of $474.61 million, a P/E ratio of 61.54 and a beta of 1.52. The business’s 50 day moving average price is $13.30 and its two-hundred day moving average price is $12.64.

Marcus (NYSE:MCS) last announced its quarterly earnings results on Thursday, August 1st. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.20). The firm had revenue of $176.03 million during the quarter, compared to the consensus estimate of $170.74 million. Marcus had a negative net margin of 3.11% and a negative return on equity of 1.36%. During the same period in the previous year, the firm posted $0.35 EPS. On average, equities analysts forecast that Marcus will post -0.14 earnings per share for the current year.

Institutional Investors Weigh In On Marcus

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC raised 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 valued at $28,000 after acquiring an additional 1,246 shares during the period. Avantax Advisory Services Inc. increased its stake in Marcus by 5.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 35,462 shares of the company’s stock worth $506,000 after purchasing an additional 1,947 shares in the last quarter. Innealta Capital LLC bought a new stake in Marcus during the 2nd quarter worth approximately $30,000. CWM LLC increased its stake in Marcus by 3,319.0% during the 2nd quarter. CWM LLC now owns 2,872 shares of the company’s stock worth $33,000 after purchasing an additional 2,788 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Marcus by 9.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 32,951 shares of the company’s stock worth $470,000 after purchasing an additional 2,955 shares in the last quarter. Institutional investors and hedge funds own 81.57% of the company’s stock.

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.