B. Riley reaffirmed their hold rating on shares of Marcus (NYSE:MCS) in a research note released on Friday morning, TipRanks reports. B. Riley currently has a $15.00 price objective on the stock.

MCS has been the topic of several other research reports. Benchmark boosted their price objective on shares of Marcus from $15.00 to $21.00 and gave the stock a buy rating in a research note on Monday, June 8th. Zacks Investment Research lowered shares of Marcus from a buy rating to a hold rating in a research note on Tuesday, June 2nd. Barrington Research reaffirmed a buy rating and issued a $20.00 target price on shares of Marcus in a report on Tuesday, May 12th. Finally, ValuEngine raised shares of Marcus from a hold rating to a buy rating in a report on Monday, June 1st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Marcus presently has a consensus rating of Buy and a consensus target price of $18.00.

Shares of Marcus stock opened at $13.34 on Friday. The company’s fifty day simple moving average is $13.78 and its two-hundred day simple moving average is $21.01. The firm has a market cap of $383.54 million, a PE ratio of 20.52 and a beta of 1.26. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.01. Marcus has a 12-month low of $6.95 and a 12-month high of $37.64.

Marcus (NYSE:MCS) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.29) EPS for the quarter, topping the consensus estimate of ($0.40) by $0.11. Marcus had a net margin of 2.57% and a return on equity of 6.05%. The business had revenue of $159.46 million for the quarter, compared to analyst estimates of $138.69 million. As a group, sell-side analysts expect that Marcus will post -2.33 earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of the business. FDx Advisors Inc. purchased a new position in shares of Marcus during the first quarter valued at approximately $287,000. Aigen Investment Management LP raised its holdings in shares of Marcus by 53.0% during the first quarter. Aigen Investment Management LP now owns 3,446 shares of the company’s stock valued at $42,000 after purchasing an additional 1,194 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of Marcus during the first quarter valued at approximately $56,000. Quantbot Technologies LP purchased a new position in shares of Marcus during the fourth quarter valued at approximately $192,000. Finally, State of Tennessee Treasury Department raised its holdings in shares of Marcus by 21.9% during the first quarter. State of Tennessee Treasury Department now owns 7,655 shares of the company’s stock valued at $94,000 after purchasing an additional 1,375 shares during the last quarter. 65.30% of the stock is owned by institutional investors and hedge funds.

About Marcus

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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