Marcus (NYSE:MCS)‘s stock had its “buy” rating reiterated by B. Riley in a report issued on Friday. They currently have a $36.00 price objective on the stock, up from their previous price objective of $34.00. B. Riley’s price objective points to a potential upside of 37.14% from the stock’s previous close.
Separately, Zacks Investment Research downgraded Marcus from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $34.75.
Shares of Marcus (MCS) opened at $26.25 on Friday. The stock has a market capitalization of $726.57, a PE ratio of 18.88, a PEG ratio of 1.07 and a beta of 0.62. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.81. Marcus has a 12-month low of $23.55 and a 12-month high of $34.90.
A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its position in Marcus by 4.8% in the 4th quarter. BlackRock Inc. now owns 2,537,744 shares of the company’s stock worth $69,406,000 after buying an additional 117,059 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Marcus by 1.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,594,964 shares of the company’s stock worth $44,181,000 after buying an additional 23,133 shares during the last quarter. Vanguard Group Inc. lifted its position in Marcus by 9.4% in the 2nd quarter. Vanguard Group Inc. now owns 1,054,210 shares of the company’s stock worth $31,836,000 after buying an additional 90,670 shares during the last quarter. Westwood Holdings Group Inc. lifted its position in Marcus by 9.8% in the 4th quarter. Westwood Holdings Group Inc. now owns 780,168 shares of the company’s stock worth $21,338,000 after buying an additional 69,515 shares during the last quarter. Finally, State Street Corp lifted its position in Marcus by 2.2% in the 2nd quarter. State Street Corp now owns 491,067 shares of the company’s stock worth $14,829,000 after buying an additional 10,405 shares during the last quarter. Institutional investors own 60.88% of the company’s stock.
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.
Receive News & Ratings for Marcus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marcus and related companies with MarketBeat.com's FREE daily email newsletter.