Wall Street analysts predict that The Marcus Co. (NYSE:MCS – Get Rating) will post sales of $176.01 million for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Marcus’ earnings. The highest sales estimate is $186.50 million and the lowest is $165.52 million. Marcus posted sales of $92.55 million in the same quarter last year, which suggests a positive year-over-year growth rate of 90.2%. The business is scheduled to report its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that Marcus will report full year sales of $685.14 million for the current financial year, with estimates ranging from $671.68 million to $698.60 million. For the next fiscal year, analysts forecast that the company will post sales of $819.70 million, with estimates ranging from $805.20 million to $834.19 million. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for Marcus.
Marcus (NYSE:MCS – Get Rating) last released its quarterly earnings results on Thursday, May 5th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.12). Marcus had a negative net margin of 5.57% and a negative return on equity of 7.70%. The firm had revenue of $132.24 million for the quarter, compared to analysts’ expectations of $119.75 million. During the same quarter in the previous year, the business earned ($0.96) EPS.
NYSE MCS opened at $15.40 on Thursday. The stock’s 50-day simple moving average is $15.66 and its two-hundred day simple moving average is $16.96. Marcus has a twelve month low of $13.41 and a twelve month high of $22.87. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.35 and a current ratio of 0.35.
A number of large investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in Marcus by 2.2% during the 1st quarter. Bank of America Corp DE now owns 80,714 shares of the company’s stock valued at $1,429,000 after purchasing an additional 1,765 shares during the period. Quantbot Technologies LP bought a new stake in Marcus during the 1st quarter valued at approximately $127,000. Dynamic Technology Lab Private Ltd bought a new stake in Marcus during the 1st quarter valued at approximately $222,000. Goldman Sachs Group Inc. boosted its position in Marcus by 1.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 613,666 shares of the company’s stock valued at $10,862,000 after acquiring an additional 10,823 shares in the last quarter. Finally, State Street Corp boosted its position in Marcus by 4.1% during the 1st quarter. State Street Corp now owns 805,022 shares of the company’s stock valued at $14,249,000 after acquiring an additional 31,733 shares in the last quarter. Institutional investors own 79.52% of the company’s stock.
Marcus Company Profile (Get Rating)
The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates in two segments, Theatres, and Hotels and Resorts. The Theatres segment operates multiscreen motion picture theatres, as well as Funset Boulevard, a family entertainment center.
- Get a free copy of the StockNews.com research report on Marcus (MCS)
- Chargepoint’s Stock Could Benefit from High Energy Prices
- Is It Too Late For Energy Stocks?
- MarketBeat Podcast: Get Your Mindset Right To Invest In The Current Market
- It’s Time To Get Interested In Ethereum Again
- Stratasys Stock Forming a Tradeable Bottom
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for Marcus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marcus and related companies with MarketBeat.com's FREE daily email newsletter.