Marcus (NYSE:MCS) Receives “Buy” Rating from Benchmark

Marcus (NYSE:MCS)‘s stock had its “buy” rating reissued by equities researchers at Benchmark in a report issued on Thursday,Benzinga reports. They presently have a $25.00 target price on the stock. Benchmark’s target price points to a potential upside of 20.85% from the company’s previous close.

MCS has been the subject of several other reports. StockNews.com upgraded Marcus from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Barrington Research reiterated an “outperform” rating and issued a $24.00 price target on shares of Marcus in a report on Wednesday, November 13th.

Marcus Trading Down 0.5 %

Shares of MCS traded down $0.11 during trading hours on Thursday, hitting $20.69. The stock had a trading volume of 14,807 shares, compared to its average volume of 175,353. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.54 and a current ratio of 0.54. The firm has a market cap of $651.20 million, a P/E ratio of -60.94, a P/E/G ratio of 2.46 and a beta of 1.54. The company’s fifty day simple moving average is $21.24 and its 200 day simple moving average is $17.47. Marcus has a 12-month low of $9.56 and a 12-month high of $23.16.

Insider Transactions at Marcus

In other news, VP Thomas F. Kissinger sold 8,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $22.31, for a total transaction of $178,480.00. Following the transaction, the vice president now owns 186,585 shares of the company’s stock, valued at approximately $4,162,711.35. This trade represents a 4.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.00% of the company’s stock.

Hedge Funds Weigh In On Marcus

Large investors have recently bought and sold shares of the business. nVerses Capital LLC bought a new position in Marcus in the third quarter worth about $32,000. GAMMA Investing LLC raised its holdings in shares of Marcus by 53.0% during the third quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock valued at $58,000 after buying an additional 1,336 shares during the last quarter. CWM LLC raised its holdings in shares of Marcus by 98.8% during the third quarter. CWM LLC now owns 5,709 shares of the company’s stock valued at $86,000 after buying an additional 2,837 shares during the last quarter. Creative Planning bought a new stake in shares of Marcus during the third quarter valued at approximately $159,000. Finally, SG Americas Securities LLC bought a new stake in shares of Marcus during the third quarter valued at approximately $194,000. Institutional investors 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.