Marcus (NYSE:MCS) Reaches New 52-Week Low at $30.27

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Shares of Marcus Corp (NYSE:MCS) hit a new 52-week low during trading on Thursday . The company traded as low as $30.27 and last traded at $30.38, with a volume of 3304 shares trading hands. The stock had previously closed at $30.93.

A number of analysts recently commented on the stock. ValuEngine cut shares of Marcus from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Zacks Investment Research lowered shares of Marcus from a “hold” rating to a “sell” rating in a report on Friday, October 11th. Benchmark decreased their target price on shares of Marcus from $41.00 to $37.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Finally, B. Riley lowered shares of Marcus from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $46.00 to $37.00 in a report on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $40.25.

The stock’s fifty day moving average price is $31.83 and its 200 day moving average price is $33.77. The stock has a market cap of $956.45 million, a P/E ratio of 21.97, a price-to-earnings-growth ratio of 1.26 and a beta of 0.50. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.77.

Marcus (NYSE:MCS) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.09). The company had revenue of $211.46 million during the quarter, compared to the consensus estimate of $209.59 million. Marcus had a return on equity of 8.86% and a net margin of 5.44%. On average, analysts anticipate that Marcus Corp will post 1.54 earnings per share for the current year.

Several large investors have recently modified their holdings of MCS. Jefferies Group LLC bought a new position in shares of Marcus in the 2nd quarter worth $230,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Marcus in the 3rd quarter valued at $237,000. Municipal Employees Retirement System of Michigan boosted its stake in shares of Marcus by 7.6% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 6,900 shares of the company’s stock valued at $255,000 after purchasing an additional 490 shares in the last quarter. Mason Street Advisors LLC boosted its stake in shares of Marcus by 7.2% in the 3rd quarter. Mason Street Advisors LLC now owns 7,804 shares of the company’s stock valued at $289,000 after purchasing an additional 524 shares in the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in shares of Marcus by 4.9% in the 3rd quarter. Louisiana State Employees Retirement System now owns 8,500 shares of the company’s stock valued at $315,000 after purchasing an additional 400 shares in the last quarter. 67.05% of the stock is currently owned by hedge funds and other institutional investors.

Marcus Company Profile (NYSE:MCS)

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. As of March 12, 2019, it owned or operated 1,098 screens at 90 locations in 17 states; and owned and managed 21 hotels, resorts, and other properties in nine states. The company also operates a family entertainment center under the Funset Boulevard name in Appleton, Wisconsin, as well as owns and operates a retail outlet under the name of Ronnie's Plaza.

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