Marcus (NYSE:MCS) Stock Rating Upgraded by StockNews.com

Marcus (NYSE:MCS) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Friday.

A number of other analysts have also issued reports on MCS. Benchmark boosted their price target on Marcus from $20.00 to $22.00 and gave the company a “buy” rating in a report on Friday, November 1st. Barrington Research reiterated an “outperform” rating and set a $24.00 price target on shares of Marcus in a research note on Wednesday.

Marcus Price Performance

Shares of Marcus stock traded down $0.61 on Friday, hitting $21.76. 218,251 shares of the company traded hands, compared to its average volume of 533,537. The stock has a market capitalization of $685.00 million, a P/E ratio of -64.00, a price-to-earnings-growth ratio of 4.97 and a beta of 1.48. The business has a 50-day simple moving average of $16.97 and a 200 day simple moving average of $13.67. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.54 and a current ratio of 0.54. Marcus has a 52 week low of $9.56 and a 52 week high of $22.62.

Insider Activity

In other news, VP Thomas F. Kissinger sold 8,000 shares of Marcus stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $22.31, for a total transaction of $178,480.00. Following the completion of the transaction, the vice president now owns 186,585 shares of the company’s stock, valued at $4,162,711.35. The trade was a 4.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 5.00% of the company’s stock.

Institutional Trading of Marcus

Large investors have recently bought and sold shares of the company. Innealta Capital LLC bought a new position in shares of Marcus in the second quarter worth $30,000. nVerses Capital LLC acquired a new stake in shares of Marcus during the 3rd quarter valued at $32,000. CWM LLC grew its stake in Marcus by 3,319.0% in the second quarter. CWM LLC now owns 2,872 shares of the company’s stock valued at $33,000 after purchasing an additional 2,788 shares in the last quarter. GAMMA Investing LLC lifted its stake in Marcus by 53.0% in the third quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock valued at $58,000 after acquiring an additional 1,336 shares during the last quarter. Finally, Creative Planning bought a new position in Marcus during the third quarter valued at about $159,000. Institutional investors and hedge funds own 81.57% of the company’s stock.

Marcus Company Profile

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.