Marcus Corporation (The) (NYSE:MCS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Marcus Corporation (The) (NYSE:MCS) have earned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $23.3333.

MCS has been the subject of a number of analyst reports. Weiss Ratings downgraded Marcus from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Barrington Research reiterated an “outperform” rating and set a $25.00 price target on shares of Marcus in a research note on Monday, May 4th. Zacks Research upgraded Marcus from a “strong sell” rating to a “hold” rating in a research note on Monday, March 23rd. Wedbush lifted their price target on Marcus from $22.00 to $23.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Finally, B. Riley Financial reiterated a “buy” rating on shares of Marcus in a research note on Friday, April 17th.

Insider Transactions at Marcus

In other news, VP Thomas F. Kissinger sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $17.32, for a total value of $433,000.00. Following the transaction, the vice president owned 199,700 shares in the company, valued at $3,458,804. The trade was a 11.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael Reade Evans sold 7,671 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $19.04, for a total value of $146,055.84. Following the completion of the transaction, the insider owned 45,801 shares in the company, valued at $872,051.04. The trade was a 14.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,708 shares of company stock valued at $579,646 in the last quarter. Company insiders own 16.53% of the company’s stock.

Hedge Funds Weigh In On Marcus

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Orbis Allan Gray Ltd boosted its stake in shares of Marcus by 7.9% in the 4th quarter. Orbis Allan Gray Ltd now owns 1,915,765 shares of the company’s stock worth $29,714,000 after buying an additional 141,064 shares during the last quarter. KLCM Advisors Inc. lifted its stake in Marcus by 7.0% in the fourth quarter. KLCM Advisors Inc. now owns 1,085,909 shares of the company’s stock valued at $16,842,000 after purchasing an additional 70,958 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in Marcus by 12.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 915,835 shares of the company’s stock valued at $14,205,000 after purchasing an additional 100,480 shares during the last quarter. American Century Companies Inc. lifted its stake in Marcus by 4.6% in the third quarter. American Century Companies Inc. now owns 912,696 shares of the company’s stock valued at $14,156,000 after purchasing an additional 40,295 shares during the last quarter. Finally, Saber Capital Managment LLC purchased a new position in Marcus in the fourth quarter valued at approximately $7,836,000. Hedge funds and other institutional investors own 81.57% of the company’s stock.

Marcus Stock Performance

Shares of Marcus stock opened at $19.44 on Thursday. Marcus has a one year low of $12.85 and a one year high of $20.20. The firm has a market capitalization of $597.30 million, a price-to-earnings ratio of 45.20, a PEG ratio of 2.81 and a beta of 0.55. The business has a 50-day simple moving average of $18.31 and a 200 day simple moving average of $16.64. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.35 and a quick ratio of 0.35.

Marcus (NYSE:MCS) last issued its earnings results on Thursday, April 30th. The company reported ($0.51) EPS for the quarter, beating analysts’ consensus estimates of ($0.54) by $0.03. The business had revenue of $154.40 million during the quarter, compared to analyst estimates of $148.78 million. Marcus had a return on equity of 0.79% and a net margin of 1.85%. On average, research analysts anticipate that Marcus will post 0.47 earnings per share for the current fiscal year.

Marcus Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, June 1st. This represents a $0.32 dividend on an annualized basis and a yield of 1.6%. Marcus’s payout ratio is 74.42%.

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. The company also owns and operates full-service hotels and resorts, as well as manages full-service hotels, resorts, and other properties. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development; and manages condominium hotels under long-term management contracts.