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

Barrington Research reiterated their outperform rating on shares of Marcus (NYSE:MCS) in a research note published on Friday morning, Benzinga reports. They currently have a $20.00 target price on the stock.

Several other equities research analysts also recently weighed in on MCS. B. Riley upped their price target on Marcus from $19.00 to $20.00 and gave the stock a buy rating in a report on Monday, July 8th. StockNews.com downgraded Marcus from a hold rating to a sell rating in a report on Monday, July 29th. Finally, Benchmark restated a buy rating and set a $18.00 price target on shares of Marcus in a report on Monday, July 29th.

Marcus Price Performance

MCS stock opened at $13.18 on Friday. The company has a current ratio of 0.51, a quick ratio of 0.43 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $423.74 million, a PE ratio of 54.92, a P/E/G ratio of 12.04 and a beta of 1.51. Marcus has a 12-month low of $9.56 and a 12-month high of $16.75. The business’s fifty day moving average price is $11.19 and its 200 day moving average price is $12.68.

Marcus (NYSE:MCS) last posted its quarterly earnings data on Thursday, August 1st. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.20). Marcus had a negative net margin of 3.11% and a negative return on equity of 1.36%. The firm had revenue of $176.03 million during the quarter, compared to analysts’ expectations of $170.74 million. During the same quarter in the prior year, the firm posted $0.35 EPS. On average, sell-side analysts anticipate that Marcus will post 0.07 EPS for the current year.

Marcus Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 26th. Stockholders of record on Monday, June 17th were given a dividend of $0.07 per share. The ex-dividend date was Monday, June 17th. This represents a $0.28 annualized dividend and a dividend yield of 2.12%. Marcus’s dividend payout ratio is currently 116.67%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC boosted its position 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 in the last quarter. Innealta Capital LLC acquired a new stake in shares of Marcus in the 2nd quarter valued at about $30,000. GAMMA Investing LLC acquired a new stake in shares of Marcus in the 4th quarter valued at about $33,000. CWM LLC boosted its position in shares of Marcus by 3,319.0% in the 2nd quarter. CWM LLC now owns 2,872 shares of the company’s stock valued at $33,000 after purchasing an additional 2,788 shares during the period. Finally, Cornerstone Investment Partners LLC acquired a new stake in shares of Marcus in the 1st quarter valued at about $169,000. 81.57% of the stock is owned by institutional investors and hedge funds.

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.