The Marcus Corporation (NYSE:MCS) finished Friday with an addition of $0.14 to close at $14.39, an upside of 0.98 percent. An average of 305,620 shares of common stock have been traded in the last five days. There was a gain of $0.45 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 257,215 shares traded, while the 50-day average volume stands at 240,066.
MCS stock has decreased by -11.39% in the last month. The company shares reached their 1-month lowest point of $13.62 on 12/22/22. With the stock rallying to its 52-week high on 02/11/22, shares of the company touched a low of $13.41 and a high of $19.24 in 52 weeks. It has reached a new high 4 times so far this year and lost -19.43% or -$3.47 in price. In spite of this, the price is down -25.21% from the 52-week high.
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MCS stock investors should be aware that The Marcus Corporation (MCS) stock had its last reported insider trading activity 3 days ago on Dec 28. In this transaction, the insider spent $48,324. Sr Exec VP, Gen Counsel & Secy, KISSINGER THOMAS F, disposed of 12,500 shares at a price of $17.71 on Aug 05. The insider now owns more than $221,358 worth of shares.
The Marcus Corporation (MCS) has a trailing price-to-earnings (P/E) ratio of 436.06. The stock’s beta is 1.56. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.66, the price-to-book (PB) ratio at 0.99, and the price-to-cash flow ratio at 6.56.
The quick ratio of The Marcus Corporation for the three months ended September 29 was 0.40, and the current ratio was 0.40, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.50 and a total debt to equity ratio of 0.53 for the quarter ending September 29. Its gross profit as reported stood at $202.51 million compared to revenue of $458.24 million.
For the three-month period that ended September 29, The Marcus Corporation had $212.53 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $3.29 million in the quarter, while revenues of $8.96 million were grew 46.5%. The analyst consensus anticipated The Marcus Corporation’s latest quarter earnings to come in at $0.07 per share, but it turned out to be $0.1, a 42.90% surprise. For the quarter, EBITDA amounted to $25.82 million. Shareholders own equity worth $31.51 million.
From a technical analysis perspective, let’s take a brief look at The Marcus Corporation (MCS) price momentum. RSI 9-day as of the close on 30 December was 40.38%, suggesting the stock is Neutral, with historical volatility in this time frame at 36.52%.
As of today, MCS’s price is $14.11 +3.23% or $0.45 from its 5-day moving average. MCS is currently trading -11.77% lower than its 20-day SMA and -18.98% lower than its 100-day SMA. However, the stock’s current price level is -3.49% below the SMA50 and -17.77% below the SMA200.
The stochastic %K and %D were 21.82% and 17.04%, respectively, and the average true range (ATR) was 0.47. With the 14-day stochastic at 31.30% and the average true range at 0.46, the RSI (14) stands at 39.53%. The stock has reached -0.01 on the 9-day MACD Oscillator while the 14-day reading was at -0.52.
B. Riley Securities reiterated its a Buy rating on The Marcus Corporation (NYSE: MCS), but raised their price target to $22, indicating a potential price increase of 34.59% for the stock. The consensus rating for The Marcus Corporation (MCS) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell MCS, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.
What is MCS’s price target for the next 12 months?
Analysts predict a range of price targets between $19.00 and $25.00, with a median target of $20.00. Taking a look at these predictions, the average price target given by analysts for The Marcus Corporation (MCS) stock is $21.33.