The Marcus Co. (NYSE:MCS - Get Free Report)'s stock price hit a new 52-week high on Monday after Benchmark raised their price target on the stock from $20.00 to $22.00. Benchmark currently has a buy rating on the stock. Marcus traded as high as $20.93 and last traded at $20.86, with a volume of 51819 shares. The stock had previously closed at $20.62.
Several other research analysts have also recently commented on the stock. Barrington Research reiterated an "outperform" rating and issued a $20.00 target price on shares of Marcus in a report on Thursday. B. Riley lifted their price target on Marcus from $19.00 to $20.00 and gave the company a "buy" rating in a report on Monday, July 8th. Finally, StockNews.com raised Marcus from a "sell" rating to a "hold" rating in a research report on Tuesday, September 24th.
Check Out Our Latest Report on MCS
Hedge Funds Weigh In On Marcus
A number of hedge funds have recently modified their holdings of MCS. Innealta Capital LLC bought a new stake in Marcus in the second quarter worth approximately $30,000. nVerses Capital LLC bought a new position in Marcus during the third quarter valued at about $32,000. CWM LLC lifted its position in shares of Marcus by 3,319.0% in the second quarter. CWM LLC now owns 2,872 shares of the company's stock worth $33,000 after buying an additional 2,788 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Marcus by 53.0% during the 3rd quarter. GAMMA Investing LLC now owns 3,858 shares of the company's stock worth $58,000 after acquiring an additional 1,336 shares in the last quarter. Finally, Creative Planning bought a new position in shares of Marcus in the 3rd quarter valued at approximately $159,000. 81.57% of the stock is owned by institutional investors and hedge funds.
Marcus Price Performance
The firm has a market capitalization of $678.47 million, a P/E ratio of -62.06 and a beta of 1.48. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.51 and a current ratio of 0.54. The stock has a 50 day moving average of $15.43 and a two-hundred day moving average of $13.07.
Marcus (NYSE:MCS - Get Free Report) last announced its 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 positive return on equity of 1.39% and a negative net margin of 1.44%. During the same quarter last year, the business earned $0.35 EPS. Sell-side analysts predict that The Marcus Co. will post -0.03 earnings per share for the current fiscal year.
Marcus Company Profile
(
Get Free Report)
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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