Wall Street analysts forecast that Marcus Corporation (The) (NYSE:MCS) will post sales of $167.64 million for the current quarter, Zacks reports. Two analysts have made estimates for Marcus Corporation (The)’s earnings, with the lowest sales estimate coming in at $162.00 million and the highest estimate coming in at $173.28 million. Marcus Corporation (The) reported sales of $138.75 million in the same quarter last year, which would suggest a positive year over year growth rate of 20.8%. The firm is expected to issue its next earnings report on Thursday, February 22nd.

On average, analysts expect that Marcus Corporation (The) will report full-year sales of $167.64 million for the current year, with estimates ranging from $624.90 million to $640.67 million. For the next financial year, analysts forecast that the firm will report sales of $669.18 million per share, with estimates ranging from $667.00 million to $671.35 million. Zacks’ sales averages are an average based on a survey of sell-side research analysts that follow Marcus Corporation (The).

Marcus Corporation (The) (NYSE:MCS) last announced its quarterly earnings results on Thursday, October 26th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. The business had revenue of $153.82 million during the quarter, compared to analyst estimates of $153.91 million. Marcus Corporation (The) had a return on equity of 9.73% and a net margin of 6.51%. The firm’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 EPS.

Several research analysts have recently weighed in on MCS shares. Zacks Investment Research cut Marcus Corporation (The) from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. B. Riley reissued a “buy” rating and set a $38.00 price target (down from $42.00) on shares of Marcus Corporation (The) in a research report on Wednesday, July 19th. Barrington Research reduced their price target on Marcus Corporation (The) from $39.00 to $37.00 and set an “outperform” rating for the company in a research report on Friday, July 28th. TheStreet cut Marcus Corporation (The) from a “b-” rating to a “c” rating in a research report on Thursday, August 3rd. Finally, ValuEngine cut Marcus Corporation (The) from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. Marcus Corporation (The) presently has an average rating of “Buy” and an average target price of $35.67.

Marcus Corporation (NYSE:MCS) opened at 26.60 on Tuesday. The company has a 50 day moving average price of $27.16 and a 200-day moving average price of $29.18. Marcus Corporation has a 52 week low of $23.85 and a 52 week high of $34.90. The company has a market capitalization of $739.99 million, a P/E ratio of 17.62 and a beta of 0.73.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in Marcus Corporation (The) by 9.4% during the second quarter. Vanguard Group Inc. now owns 1,054,210 shares of the company’s stock valued at $31,836,000 after purchasing an additional 90,670 shares during the last quarter. Northern Trust Corp boosted its position in Marcus Corporation (The) by 3.3% during the second quarter. Northern Trust Corp now owns 973,881 shares of the company’s stock valued at $29,410,000 after purchasing an additional 31,520 shares during the last quarter. Westwood Holdings Group Inc. boosted its position in Marcus Corporation (The) by 45.5% during the second quarter. Westwood Holdings Group Inc. now owns 530,462 shares of the company’s stock valued at $16,020,000 after purchasing an additional 165,790 shares during the last quarter. State Street Corp boosted its position in Marcus Corporation (The) by 2.2% during the second quarter. State Street Corp now owns 491,067 shares of the company’s stock valued at $14,829,000 after purchasing an additional 10,405 shares during the last quarter. Finally, LSV Asset Management boosted its position in Marcus Corporation (The) by 15.9% during the second quarter. LSV Asset Management now owns 462,500 shares of the company’s stock valued at $13,967,000 after purchasing an additional 63,400 shares during the last quarter. 59.45% of the stock is owned by hedge funds and other institutional investors.

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About Marcus Corporation (The)

The Marcus Corporation operates principally in two business segments: Theatres, and Hotels and Resorts. The Theatres segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Ohio, Minnesota, Iowa, North Dakota and Nebraska, and a family entertainment center in Wisconsin. The Hotels and Resorts segment owns and operates hotels and resorts in Wisconsin, Illinois, Oklahoma and Nebraska, and manages hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, Georgia, Florida and California.

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Earnings History and Estimates for Marcus Corporation (The) (NYSE:MCS)

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