Somewhat Positive News Coverage Somewhat Unlikely to Impact Marriott International (MAR) Share Price

News coverage about Marriott International (NASDAQ:MAR) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Marriott International earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.032581593108 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

MAR has been the subject of a number of research reports. Goldman Sachs Group, Inc. (The) lowered Marriott International from a “conviction-buy” rating to a “buy” rating and set a $105.00 price target for the company. in a research note on Tuesday, April 11th. Guggenheim initiated coverage on Marriott International in a research note on Wednesday, April 26th. They set a “neutral” rating for the company. BidaskClub lowered Marriott International from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Barclays PLC reaffirmed a “hold” rating and set a $105.00 price target on shares of Marriott International in a research note on Friday, May 12th. Finally, Zacks Investment Research lowered Marriott International from a “buy” rating to a “hold” rating in a research note on Monday, May 29th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $98.44.

Marriott International (NASDAQ:MAR) traded down 2.50% during mid-day trading on Wednesday, hitting $101.35. The stock had a trading volume of 2,779,133 shares. The company has a market cap of $38.40 billion, a P/E ratio of 35.90 and a beta of 1.36. The company has a 50-day moving average price of $102.51 and a 200 day moving average price of $95.73. Marriott International has a 1-year low of $65.91 and a 1-year high of $110.51. Marriott International also was the target of some unusual options trading activity on Monday. Traders bought 9,942 call options on the stock. This is an increase of 568% compared to the average volume of 1,488 call options.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Monday, August 7th. The company reported $1.13 EPS for the quarter, beating the consensus estimate of $1.02 by $0.11. The business had revenue of $5.80 billion for the quarter, compared to analysts’ expectations of $5.73 billion. Marriott International had a net margin of 5.27% and a return on equity of 25.59%. The firm’s revenue was up 48.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.03 EPS. Equities research analysts forecast that Marriott International will post $4.09 EPS for the current fiscal year.

In related news, EVP Anthony Capuano sold 5,000 shares of the business’s stock in a transaction on Friday, June 30th. The shares were sold at an average price of $100.72, for a total value of $503,600.00. Following the sale, the executive vice president now directly owns 56,405 shares of the company’s stock, valued at approximately $5,681,111.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David S. Marriott sold 19,500 shares of the business’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of $103.26, for a total transaction of $2,013,570.00. Following the completion of the sale, the insider now directly owns 638,636 shares in the company, valued at $65,945,553.36. The disclosure for this sale can be found here. Insiders sold a total of 45,016 shares of company stock worth $4,662,064 over the last ninety days. 17.07% of the stock is currently owned by insiders.

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Marriott International Company Profile

Marriott International, Inc (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.

Insider Buying and Selling by Quarter for Marriott International (NASDAQ:MAR)

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