Marcus (NYSE:MCS) Stock Rating Reaffirmed by Barrington Research

Marcus (NYSE:MCS)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Barrington Research in a report issued on Monday, Benzinga reports. They currently have a $20.00 price target on the stock. Barrington Research’s target price suggests a potential upside of 77.94% from the stock’s current price.

A number of other research firms also recently issued reports on MCS. Benchmark restated a “buy” rating and set a $20.00 price target on shares of Marcus in a research note on Tuesday, March 5th. StockNews.com cut shares of Marcus from a “buy” rating to a “hold” rating in a report on Thursday, February 1st.

Marcus Stock Down 0.3 %

Shares of NYSE:MCS opened at $11.24 on Monday. Marcus has a fifty-two week low of $11.16 and a fifty-two week high of $16.75. The firm’s 50 day moving average price is $13.71 and its 200 day moving average price is $14.19. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.37. The stock has a market cap of $356.53 million, a price-to-earnings ratio of 46.84, a price-to-earnings-growth ratio of 6.35 and a beta of 1.48.

Marcus (NYSE:MCS) last posted its quarterly earnings results on Thursday, February 29th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.12. The company had revenue of $161.53 million for the quarter, compared to analysts’ expectations of $160.75 million. Marcus had a return on equity of 2.66% and a net margin of 1.73%. As a group, equities research analysts predict that Marcus will post 0.13 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Marcus

A number of hedge funds and other institutional investors have recently bought and sold shares of MCS. Parallel Advisors LLC lifted its stake in shares of Marcus by 193.2% in the fourth quarter. Parallel Advisors LLC now owns 1,891 shares of the company’s stock valued at $28,000 after purchasing an additional 1,246 shares during the period. Avantax Advisory Services Inc. boosted its stake in shares of Marcus by 5.3% during the 4th quarter. Avantax Advisory Services Inc. now owns 33,515 shares of the company’s stock worth $489,000 after acquiring an additional 1,680 shares in the last quarter. WINTON GROUP Ltd increased its stake in Marcus by 8.3% in the 3rd quarter. WINTON GROUP Ltd now owns 22,650 shares of the company’s stock valued at $351,000 after purchasing an additional 1,735 shares in the last quarter. GAMMA Investing LLC acquired a new position in Marcus during the fourth quarter worth $33,000. Finally, Watershed Asset Management L.L.C. boosted its position in Marcus by 16.5% during the fourth quarter. Watershed Asset Management L.L.C. now owns 20,044 shares of the company’s stock worth $292,000 after purchasing an additional 2,836 shares in the last quarter. Institutional investors and hedge funds own 81.57% of the company’s stock.

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.