Marcus (MCS) Issues Earnings Results

Marcus (NYSE:MCS) issued its quarterly earnings results on Thursday. The company reported $0.56 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.09, MarketWatch Earnings reports. Marcus had a return on equity of 11.83% and a net margin of 10.97%. The company had revenue of $170.60 million during the quarter, compared to analysts’ expectations of $170.47 million.

Shares of MCS stock traded down $0.37 on Friday, hitting $38.91. The company had a trading volume of 140,251 shares, compared to its average volume of 101,913. The stock has a market cap of $1.20 billion, a PE ratio of 25.27, a price-to-earnings-growth ratio of 1.56 and a beta of 0.48. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.64. Marcus has a twelve month low of $23.55 and a twelve month high of $44.61.

In other news, Director Bruce J. Olson sold 3,600 shares of the business’s stock in a transaction dated Wednesday, August 1st. The stock was sold at an average price of $38.25, for a total value of $137,700.00. Following the completion of the transaction, the director now owns 5,604 shares of the company’s stock, valued at approximately $214,353. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Rolando B. Rodriguez sold 4,125 shares of Marcus stock in a transaction dated Tuesday, July 31st. The shares were sold at an average price of $38.62, for a total value of $159,307.50. Following the completion of the transaction, the chief executive officer now owns 32,850 shares of the company’s stock, valued at approximately $1,268,667. The disclosure for this sale can be found here. In the last three months, insiders sold 254,790 shares of company stock valued at $10,168,073. Insiders own 32.88% of the company’s stock.



Several brokerages have recently issued reports on MCS. B. Riley boosted their price objective on Marcus from $36.00 to $40.00 and gave the company a “$33.70” rating in a report on Monday, July 23rd. ValuEngine raised Marcus from a “hold” rating to a “buy” rating in a report on Thursday, July 26th. Barrington Research reissued a “buy” rating and issued a $36.00 price objective on shares of Marcus in a report on Thursday, July 26th. Finally, Zacks Investment Research raised Marcus from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a report on Wednesday, September 26th.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts. As of December 28, 2017, the company operated approximately 69 movie theatres with 895 screens in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and Ohio; owned or managed approximately 4,841 hotel and resort rooms; and 19 hotels, resorts, and other properties for third parties in nine states.

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Earnings History for Marcus (NYSE:MCS)

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