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

Barrington Research restated their outperform rating on shares of Marcus (NYSE:MCS) in a research note published on Tuesday,Benzinga reports. They currently have a $25.00 price objective on the stock.

Several other equities analysts have also issued reports on the company. Zacks Research raised Marcus from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 18th. Wedbush assumed coverage on shares of Marcus in a research note on Friday, July 18th. They set an “outperform” rating and a $24.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $24.50.

Marcus Price Performance

MCS stock opened at $15.47 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.39 and a current ratio of 0.39. The firm has a 50 day moving average price of $15.79 and a 200-day moving average price of $16.50. Marcus has a 52-week low of $14.13 and a 52-week high of $23.16. The firm has a market capitalization of $484.37 million, a price-to-earnings ratio of 34.38, a PEG ratio of 2.87 and a beta of 1.22.

Marcus (NYSE:MCS) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. Marcus had a return on equity of 4.28% and a net margin of 1.91%.The company had revenue of $206.04 million during the quarter, compared to analyst estimates of $192.79 million. Equities research analysts forecast that Marcus will post 0.36 EPS for the current fiscal year.

Marcus Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, August 25th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 2.1%. This is a boost from Marcus’s previous quarterly dividend of $0.07. The ex-dividend date was Monday, August 25th. Marcus’s dividend payout ratio (DPR) is currently 71.11%.

Institutional Trading of Marcus

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC increased its holdings in Marcus by 60.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,494 shares of the company’s stock worth $42,000 after acquiring an additional 937 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new position in shares of Marcus during the 1st quarter worth about $76,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Marcus by 38.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,700 shares of the company’s stock valued at $145,000 after buying an additional 2,424 shares during the period. PharVision Advisers LLC purchased a new position in Marcus during the 2nd quarter valued at $180,000. Finally, Fox Run Management L.L.C. bought a new position in shares of Marcus in the second quarter worth about $199,000. 81.57% of the stock is owned by hedge funds and other 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.