Marcus (NYSE:MCS) Receives Outperform Rating from Barrington Research

Marcus (NYSE:MCS)‘s stock had its “outperform” rating restated by stock analysts at Barrington Research in a research note issued on Thursday,Benzinga reports. They currently have a $27.00 target price on the stock. Barrington Research’s price objective points to a potential upside of 44.63% from the stock’s current price.

Several other equities research analysts also recently issued reports on MCS. StockNews.com upgraded shares of Marcus from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Benchmark restated a “buy” rating and set a $25.00 target price on shares of Marcus in a research note on Thursday, January 30th.

Marcus Trading Down 10.6 %

Marcus stock traded down $2.20 during mid-day trading on Thursday, hitting $18.67. 121,315 shares of the company’s stock were exchanged, compared to its average volume of 173,243. The firm has a market capitalization of $587.71 million, a P/E ratio of -55.16, a PEG ratio of 3.12 and a beta of 1.53. Marcus has a fifty-two week low of $9.56 and a fifty-two week high of $23.16. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The company’s 50 day simple moving average is $20.90 and its 200-day simple moving average is $18.74.

Marcus (NYSE:MCS) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.09. Marcus had a positive return on equity of 1.39% and a negative net margin of 1.44%. On average, equities analysts anticipate that Marcus will post 0.36 earnings per share for the current year.

Hedge Funds Weigh In On Marcus

A number of institutional investors and hedge funds have recently made changes to their positions in MCS. PharVision Advisers LLC bought a new position in shares of Marcus during the 4th quarter worth approximately $298,000. Virtus Investment Advisers Inc. bought a new position in Marcus in the 4th quarter valued at $226,000. State of Wyoming boosted its holdings in Marcus by 145.7% in the 4th quarter. State of Wyoming now owns 19,916 shares of the company’s stock valued at $428,000 after purchasing an additional 11,810 shares during the period. Millennium Management LLC boosted its holdings in Marcus by 28.7% in the 4th quarter. Millennium Management LLC now owns 353,516 shares of the company’s stock valued at $7,601,000 after purchasing an additional 78,932 shares during the period. Finally, Lazard Asset Management LLC lifted its holdings in shares of Marcus by 2,908.9% during the 4th quarter. Lazard Asset Management LLC now owns 2,377 shares of the company’s stock worth $51,000 after acquiring an additional 2,298 shares during the last quarter. 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.