StockNews.com Lowers Marcus (NYSE:MCS) to Sell

Marcus (NYSE:MCS) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Monday.

Other analysts have also issued research reports about the company. B. Riley lifted their price objective on Marcus from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, July 8th. Barrington Research reissued an “outperform” rating and issued a $20.00 price target on shares of Marcus in a report on Monday, May 6th. Finally, Benchmark reissued a “buy” rating and issued a $18.00 target price on shares of Marcus in a research note on Monday.

Marcus Stock Performance

MCS traded up $0.10 during midday trading on Monday, reaching $12.48. The company’s stock had a trading volume of 688,635 shares, compared to its average volume of 622,177. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.37. The company has a fifty day simple moving average of $11.03 and a 200 day simple moving average of $12.69. The stock has a market cap of $401.23 million, a P/E ratio of 52.00, a PEG ratio of 11.79 and a beta of 1.51. Marcus has a twelve month low of $9.56 and a twelve month high of $16.75.

Marcus (NYSE:MCS) last released its earnings results on Thursday, May 2nd. The company reported ($0.38) EPS for the quarter, meeting the consensus estimate of ($0.38). The firm had revenue of $138.55 million during the quarter, compared to analysts’ expectations of $141.88 million. Marcus had a net margin of 1.73% and a return on equity of 2.66%. Research analysts expect that Marcus will post 0.07 earnings per share for the current year.

Institutional Investors Weigh In On Marcus

Several institutional investors have recently modified their holdings of MCS. Parallel Advisors LLC increased its holdings in Marcus by 193.2% in the fourth quarter. Parallel Advisors LLC now owns 1,891 shares of the company’s stock valued at $28,000 after purchasing an additional 1,246 shares during the last quarter. Innealta Capital LLC bought 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 approximately $33,000. CWM LLC boosted its stake in Marcus by 3,319.0% during the 2nd quarter. CWM LLC now owns 2,872 shares of the company’s stock worth $33,000 after acquiring an additional 2,788 shares during the last quarter. Finally, Cornerstone Investment Partners LLC bought a new position in Marcus during the 1st quarter worth approximately $169,000. Institutional investors and hedge funds 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.