Marcus (NYSE:MCS) Earns “Outperform” Rating from Barrington Research

Marcus (NYSE:MCS)‘s stock had its “outperform” rating restated by Barrington Research in a report released on Monday, Benzinga reports. They currently have a $20.00 price objective on the stock. Barrington Research’s target price points to a potential upside of 47.60% from the company’s current price.

MCS has been the topic of a number of other reports. B. Riley lowered their target price on shares of Marcus from $23.00 to $19.00 and set a “buy” rating on the stock in a research note on Tuesday, January 2nd. Benchmark restated a “buy” rating and issued a $20.00 price target on shares of Marcus in a research report on Tuesday, March 5th. Finally, StockNews.com lowered shares of Marcus from a “buy” rating to a “hold” rating in a research report on Thursday, February 1st.

Marcus Stock Performance

MCS stock opened at $13.55 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $429.83 million, a price-to-earnings ratio of 43.71, a P/E/G ratio of 12.58 and a beta of 1.47. Marcus has a 12 month low of $12.78 and a 12 month high of $17.84. The firm has a 50 day moving average of $14.11 and a two-hundred day moving average of $14.40.

Marcus (NYSE:MCS) last posted its earnings results on Thursday, February 29th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.12. Marcus had a net margin of 2.03% and a return on equity of 3.19%. The business had revenue of $161.53 million for the quarter, compared to analyst estimates of $160.75 million. As a group, equities analysts anticipate that Marcus will post 0.07 EPS for the current fiscal year.

Hedge Funds Weigh In On Marcus

A number of hedge funds and other institutional investors have recently made changes to their positions in MCS. Parallel Advisors LLC lifted its holdings in shares of Marcus by 193.2% during the 4th quarter. Parallel Advisors LLC now owns 1,891 shares of the company’s stock worth $28,000 after acquiring an additional 1,246 shares during the period. GAMMA Investing LLC bought a new position in shares of Marcus during the 4th quarter worth about $33,000. Louisiana State Employees Retirement System bought a new position in shares of Marcus during the 4th quarter worth about $179,000. SG Americas Securities LLC bought a new position in shares of Marcus during the 3rd quarter worth about $210,000. Finally, Illinois Municipal Retirement Fund bought a new position in shares of Marcus during the 3rd quarter worth about $212,000. 81.57% of the stock is owned by 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.