Marcus Corporation (The) (MCS) Earns Buy Rating from B. Riley

B. Riley restated their buy rating on shares of Marcus Corporation (The) (NYSE:MCS) in a research note published on Friday. They currently have a $36.00 price target on the stock.

A number of other analysts also recently issued reports on MCS. Zacks Investment Research downgraded shares of Marcus Corporation (The) from a hold rating to a sell rating in a report on Friday, October 20th. TheStreet upgraded shares of Marcus Corporation (The) from a c rating to a b- rating in a report on Thursday, October 5th. Benchmark Co. restated a buy rating and set a $34.00 price objective (down previously from $37.00) on shares of Marcus Corporation (The) in a report on Wednesday, October 4th. ValuEngine downgraded shares of Marcus Corporation (The) from a buy rating to a hold rating in a report on Friday, September 1st. Finally, Barrington Research decreased their price objective on shares of Marcus Corporation (The) from $39.00 to $37.00 and set an outperform rating for the company in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of $35.67.

Marcus Corporation (MCS) opened at 26.55 on Friday. The firm has a market capitalization of $738.59 million, a price-to-earnings ratio of 17.58 and a beta of 0.73. The stock’s 50 day moving average is $27.12 and its 200 day moving average is $29.23. Marcus Corporation has a 1-year low of $23.85 and a 1-year high of $34.90.

Marcus Corporation (The) (NYSE:MCS) last announced its earnings results on Thursday, October 26th. The company reported $0.39 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. The company had revenue of $153.82 million during the quarter, compared to the consensus estimate of $153.91 million. Marcus Corporation (The) had a net margin of 6.51% and a return on equity of 9.73%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.51 earnings per share. Analysts predict that Marcus Corporation will post $1.41 EPS for the current fiscal year.

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Large investors have recently modified their holdings of the business. Acrospire Investment Management LLC boosted its position in Marcus Corporation (The) by 266.2% during the second quarter. Acrospire Investment Management LLC now owns 3,303 shares of the company’s stock worth $100,000 after purchasing an additional 2,401 shares during the period. State of Alaska Department of Revenue boosted its position in Marcus Corporation (The) by 80.1% during the second quarter. State of Alaska Department of Revenue now owns 3,764 shares of the company’s stock worth $113,000 after purchasing an additional 1,674 shares during the period. Municipal Employees Retirement System of Michigan boosted its position in Marcus Corporation (The) by 4.9% during the second quarter. Municipal Employees Retirement System of Michigan now owns 4,470 shares of the company’s stock worth $135,000 after purchasing an additional 210 shares during the period. Mason Street Advisors LLC boosted its position in Marcus Corporation (The) by 7.0% during the first quarter. Mason Street Advisors LLC now owns 4,427 shares of the company’s stock worth $142,000 after purchasing an additional 290 shares during the period. Finally, First Quadrant L P CA bought a new position in Marcus Corporation (The) during the second quarter worth about $144,000. Hedge funds and other institutional investors own 59.45% of the company’s stock.

Marcus Corporation (The) Company Profile

The Marcus Corporation operates principally in two business segments: Theatres, and Hotels and Resorts. The Theatres segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Ohio, Minnesota, Iowa, North Dakota and Nebraska, and a family entertainment center in Wisconsin. The Hotels and Resorts segment owns and operates hotels and resorts in Wisconsin, Illinois, Oklahoma and Nebraska, and manages hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, Georgia, Florida and California.

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