Barrington Research Brokers Lower Earnings Estimates for Marcus Co. (MCS)


Marcus Co. (NYSE:MCS) – Stock analysts at Barrington Research reduced their Q4 2018 earnings per share estimates for shares of Marcus in a research note issued on Tuesday, April 17th. Barrington Research analyst J. Goss now forecasts that the company will post earnings of $0.28 per share for the quarter, down from their previous estimate of $0.33. Barrington Research has a “Buy” rating and a $36.00 price objective on the stock.


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Other equities research analysts have also issued research reports about the company. Zacks Investment Research lowered Marcus from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 25th. B. Riley reissued a “buy” rating and issued a $34.00 price objective on shares of Marcus in a research note on Tuesday, January 30th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $34.00.


NYSE MCS opened at $31.05 on Wednesday. Marcus has a 12 month low of $23.55 and a 12 month high of $34.90. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.48 and a current ratio of 0.48. The stock has a market capitalization of $872.72, a price-to-earnings ratio of 20.16, a P/E/G ratio of 1.17 and a beta of 0.47.

Marcus (NYSE:MCS) last issued its earnings results on Thursday, February 22nd. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. Marcus had a return on equity of 10.48% and a net margin of 10.44%. The business had revenue of $158.16 million during the quarter, compared to analysts’ expectations of $156.52 million. During the same quarter in the prior year, the firm earned $0.31 EPS. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year.


Institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its holdings in shares of Marcus by 85.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,169 shares of the company’s stock valued at $116,000 after purchasing an additional 1,916 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Marcus in the 3rd quarter worth about $279,000. Eqis Capital Management Inc. raised its position in Marcus by 28.4% in the 4th quarter. Eqis Capital Management Inc. now owns 10,960 shares of the company’s stock worth $300,000 after purchasing an additional 2,424 shares during the period. Fuller & Thaler Asset Management Inc. raised its position in Marcus by 76.0% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 13,200 shares of the company’s stock worth $361,000 after purchasing an additional 5,700 shares during the period. Finally, Monarch Partners Asset Management LLC raised its position in Marcus by 49.9% in the 4th quarter. Monarch Partners Asset Management LLC now owns 15,215 shares of the company’s stock worth $416,000 after purchasing an additional 5,065 shares during the period. 60.35% of the stock is currently owned by institutional investors and hedge funds.


In other news, VP Thomas F. Kissinger sold 10,000 shares of Marcus stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $29.12, for a total value of $291,200.00. Following the transaction, the vice president now owns 81,664 shares in the company, valued at $2,378,055.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Diane M. Gershowitz sold 12,750 shares of the firm’s stock in a transaction dated Friday, April 6th. The stock was sold at an average price of $30.86, for a total value of $393,465.00. Following the completion of the sale, the director now directly owns 7,482 shares in the company, valued at $230,894.52. The disclosure for this sale can be found here. Insiders have sold 44,250 shares of company stock valued at $1,343,255 in the last three months. 32.88% of the stock is owned by corporate insiders.


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Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts. As of December 28, 2017, the company operated approximately 69 movie theatres with 895 screens in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and Ohio; owned or managed approximately 4,841 hotel and resort rooms; and 19 hotels, resorts, and other properties for third parties in nine states.

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