Marcus Corp (MCS) Given Consensus Recommendation of “Hold” by Brokerages

Marcus Corp (NYSE:MCS) has received an average rating of “Hold” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $35.00.

MCS has been the topic of several research analyst reports. B. Riley set a $36.00 price objective on Marcus and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Zacks Investment Research raised Marcus from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research note on Wednesday, December 20th.

Marcus (NYSE MCS) opened at $24.50 on Friday. Marcus has a 52 week low of $23.55 and a 52 week high of $34.90. The stock has a market capitalization of $682.03, a P/E ratio of 17.63, a P/E/G ratio of 1.01 and a beta of 0.62. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.81.

A number of institutional investors have recently bought and sold shares of MCS. Fieldpoint Private Securities LLC purchased a new stake in Marcus during the third quarter worth $100,000. Envestnet Asset Management Inc. lifted its holdings in Marcus by 85.0% during the third quarter. Envestnet Asset Management Inc. now owns 4,169 shares of the company’s stock worth $116,000 after buying an additional 1,916 shares during the period. Municipal Employees Retirement System of Michigan lifted its holdings in Marcus by 60.2% during the third quarter. Municipal Employees Retirement System of Michigan now owns 7,160 shares of the company’s stock worth $198,000 after buying an additional 2,690 shares during the period. Stifel Financial Corp purchased a new stake in Marcus during the second quarter worth $211,000. Finally, Stevens Capital Management LP purchased a new stake in Marcus during the third quarter worth $225,000. Institutional investors own 60.49% of the company’s stock.

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About Marcus

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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