Marcus (NYSE:MCS) Rating Reiterated by Barrington Research

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

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

Marcus Stock Performance

Shares of MCS stock opened at $13.55 on Monday. The firm has a market cap of $429.83 million, a price-to-earnings ratio of 43.71, a PEG ratio of 12.58 and a beta of 1.47. Marcus has a 52-week low of $12.78 and a 52-week high of $17.84. 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’s 50 day moving average is $14.11 and its 200 day moving average is $14.40.

Marcus (NYSE:MCS) last released its quarterly earnings results on Thursday, February 29th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.12. Marcus had a return on equity of 3.19% and a net margin of 2.03%. The firm had revenue of $161.53 million during the quarter, compared to analyst estimates of $160.75 million. On average, sell-side analysts anticipate that Marcus will post 0.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Marcus

A number of large investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted its holdings in shares of Marcus by 193.2% in the 4th quarter. Parallel Advisors LLC now owns 1,891 shares of the company’s stock valued at $28,000 after acquiring an additional 1,246 shares during the last quarter. GAMMA Investing LLC purchased a new stake in Marcus in the fourth quarter valued at $33,000. Louisiana State Employees Retirement System acquired a new stake in Marcus during the 4th quarter worth about $179,000. SG Americas Securities LLC acquired a new stake in Marcus during the 3rd quarter worth about $210,000. Finally, Illinois Municipal Retirement Fund purchased a new position in shares of Marcus during the 3rd quarter valued at about $212,000. Hedge funds and other institutional investors own 81.57% of the company’s stock.

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.