Barrington Research Reiterates Outperform Rating for Marcus (NYSE:MCS)

Barrington Research reiterated their outperform rating on shares of Marcus (NYSE:MCS) in a report published on Thursday, Benzinga reports. They currently have a $20.00 target price on the stock.

A number of other equities analysts also recently commented on the company. Benchmark increased their price objective on Marcus from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. StockNews.com upgraded shares of Marcus from a “sell” rating to a “hold” rating in a research note on Tuesday, September 24th. Finally, B. Riley lifted their price objective on shares of Marcus from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, July 8th.

Marcus Stock Performance

Shares of MCS opened at $20.62 on Thursday. Marcus has a 52 week low of $9.56 and a 52 week high of $20.72. 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 company has a market capitalization of $662.93 million, a PE ratio of -60.65 and a beta of 1.48. The company’s 50 day moving average price is $15.43 and its 200 day moving average price is $13.07.

Marcus (NYSE:MCS) last issued its earnings results on Thursday, August 1st. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.20). Marcus had a positive return on equity of 1.39% and a negative net margin of 1.44%. The firm had revenue of $176.03 million during the quarter, compared to analyst estimates of $170.74 million. During the same period in the previous year, the company earned $0.35 earnings per share. Research analysts expect that Marcus will post -0.03 EPS for the current fiscal year.

Institutional Trading of Marcus

Several large investors have recently modified their holdings of MCS. Allspring Global Investments Holdings LLC raised its holdings in Marcus by 221.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,168 shares of the company’s stock worth $216,000 after acquiring an additional 10,454 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Marcus by 9.9% in the first quarter. Janney Montgomery Scott LLC now owns 32,951 shares of the company’s stock valued at $470,000 after purchasing an additional 2,955 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Marcus by 8.1% in the first quarter. Empowered Funds LLC now owns 141,822 shares of the company’s stock worth $2,022,000 after purchasing an additional 10,675 shares during the period. SG Americas Securities LLC lifted its position in shares of Marcus by 25.4% during the 1st quarter. SG Americas Securities LLC now owns 17,417 shares of the company’s stock worth $248,000 after purchasing an additional 3,527 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted 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 valued at $506,000 after purchasing an additional 1,947 shares during the period. 81.57% of the stock is owned by institutional investors.

Marcus Company Profile

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.