Marcus (NYSE:MCS) Receives Outperform Rating from Barrington Research

Marcus (NYSE:MCS)‘s stock had its “outperform” rating reaffirmed by analysts at Barrington Research in a research note issued to investors on Friday,Benzinga reports. They currently have a $25.00 price objective on the stock. Barrington Research’s target price indicates a potential upside of 46.33% from the stock’s previous close.

Several other research firms have also weighed in on MCS. Benchmark reaffirmed a “buy” rating and set a $25.00 price objective on shares of Marcus in a report on Friday, April 11th. Wall Street Zen lowered shares of Marcus from a “buy” rating to a “hold” rating in a report on Thursday, May 15th. Finally, B. Riley started coverage on shares of Marcus in a report on Friday, May 16th. They set a “buy” rating and a $24.00 price objective for the company.

Marcus Stock Performance

NYSE:MCS opened at $17.09 on Friday. Marcus has a 12-month low of $9.56 and a 12-month high of $23.16. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $534.73 million, a PE ratio of -50.25, a price-to-earnings-growth ratio of 3.12 and a beta of 1.22. The firm has a 50-day moving average price of $16.58 and a 200 day moving average price of $19.25.

Marcus (NYSE:MCS) last posted its quarterly earnings results on Tuesday, May 6th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.52) by ($0.02). Marcus had a positive return on equity of 1.39% and a negative net margin of 1.44%. The business had revenue of $148.77 million during the quarter, compared to analyst estimates of $145.50 million. Research analysts anticipate that Marcus will post 0.36 earnings per share for the current fiscal year.

Institutional Trading of Marcus

Hedge funds have recently modified their holdings of the stock. Lazard Asset Management LLC grew its stake in shares of Marcus by 2,908.9% during the fourth quarter. Lazard Asset Management LLC now owns 2,377 shares of the company’s stock valued at $51,000 after purchasing an additional 2,298 shares during the last quarter. Quarry LP bought a new stake in shares of Marcus during the fourth quarter valued at approximately $70,000. National Bank of Canada FI grew its stake in shares of Marcus by 407,500.0% during the fourth quarter. National Bank of Canada FI now owns 4,076 shares of the company’s stock valued at $88,000 after purchasing an additional 4,075 shares during the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of Marcus during the first quarter valued at approximately $76,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Marcus during the fourth quarter valued at approximately $114,000. 81.57% of the stock is owned by institutional investors.

About Marcus

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.