Marcus Corp (MCS) Forecasted to Post Q1 2019 Earnings of $0.35 Per Share

Marcus Corp (NYSE:MCS) – Equities research analysts at B. Riley issued their Q1 2019 earnings per share (EPS) estimates for Marcus in a research report issued to clients and investors on Monday. B. Riley analyst E. Wold forecasts that the company will earn $0.35 per share for the quarter. B. Riley currently has a “Buy” rating and a $34.00 target price on the stock. B. Riley also issued estimates for Marcus’ Q2 2019 earnings at $0.56 EPS, Q3 2019 earnings at $0.50 EPS, Q4 2019 earnings at $0.44 EPS and FY2019 earnings at $1.86 EPS.

Other analysts also recently issued research reports about the company. TheStreet raised Marcus from a “c” rating to a “b-” rating in a research note on Thursday, October 5th. Zacks Investment Research raised Marcus from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research note on Wednesday, December 20th. Finally, Benchmark reissued a “buy” rating and set a $34.00 target price (down previously from $37.00) on shares of Marcus in a research note on Wednesday, October 4th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $34.25.

Shares of Marcus (NYSE:MCS) remained flat at $$27.00 on Tuesday. 39,571 shares of the company were exchanged, compared to its average volume of 81,880. The company has a market cap of $750.26, a P/E ratio of 19.42, a P/E/G ratio of 1.14 and a beta of 0.74. Marcus has a 1-year low of $23.85 and a 1-year high of $34.90. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.81.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Westwood Holdings Group Inc. increased its stake in Marcus by 45.5% in the 2nd quarter. Westwood Holdings Group Inc. now owns 530,462 shares of the company’s stock worth $16,020,000 after acquiring an additional 165,790 shares during the last quarter. Vanguard Group Inc. increased its stake in Marcus by 9.4% in the 2nd quarter. Vanguard Group Inc. now owns 1,054,210 shares of the company’s stock worth $31,836,000 after acquiring an additional 90,670 shares during the last quarter. Morgan Dempsey Capital Management LLC increased its stake in Marcus by 44.7% in the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 245,007 shares of the company’s stock worth $6,738,000 after acquiring an additional 75,648 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Marcus by 1,387.0% during the 2nd quarter. Nordea Investment Management AB now owns 80,300 shares of the company’s stock valued at $2,425,000 after purchasing an additional 74,900 shares during the last quarter. Finally, Dana Investment Advisors Inc. bought a new position in shares of Marcus during the 2nd quarter valued at approximately $2,206,000. 60.35% of the stock is currently owned by institutional investors.

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Marcus Company Profile

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.

Earnings History and Estimates for Marcus (NYSE:MCS)

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