At the last check on Friday, Marriott International Inc.’s (NASDAQ:MAR) stock was up $0.85, moving up 0.42 percent to $203.18. The average number of shares traded per day over the past five days has been 1,975,697 shares. 1 time new highs have been achieved over the past 5 days, with a -$5.07 fall in that time frame. In the last twenty days, the average volume was 2,355,639, while in the previous 50 days, it was 2,084,744.
Since last month, MAR stock rose 6.11%. Shares of the company fell to $189.99 on 07/19/23, the lowest level in the past month. A 52-week high of $210.98 was reached on 08/10/23 after having rallying from a 52-week low of $135.90. Since the beginning of this year, MAR’s stock price has risen by 36.47% or $54.55, and marked a new high 38 times. However, the stock has declined by -3.69% since its 52-week high.
MAR stock investors should be aware that Marriott International Inc. (MAR) stock had its last reported insider trading activity 2 days ago on Aug 16. Oberg Kathleen K., the EVP & CFO of the company, disposed of 13,584 shares for $207.56 on Aug 16. It resulted in a $2,819,483 divestment by the insider. Marriott Juliana B. sold 35,000 shares at an average price of $203.40 on Aug 08. The insider now owns 401,928 shares following the transaction. On Aug 08, 13D Group Owning more than 10% Marriott David S sold 35,000 shares at $203.40 apiece. The transaction was valued at $7,119,000.
Valuation Metrics
Right now, Marriott International Inc. (MAR) has a P/E ratio of about 22.92. The stock’s beta is 1.57.
The latest dividend of $0.52 per share was paid out, remained unchanged from last year’s $0.52. On Friday May 12 2023, a $0.12 dividend increase was announced.
Financial Health
In the three months ended June 29, Marriott International Inc.’s quick ratio stood at 0.50, while its current ratio was 0.50, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 22.40% percent. In the year ended June 29, EBITDA margin amounted to 18.22%, whereas operating margins totaled 17.50%. Based on annual data, MAR earned $4.56 billion in gross profit and brought in $20.77 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 25.50%. Return on equity (ROE) for the past 12 months was 720.40%.
In Marriott International Inc.’s quarter-end financial report for June 29, it reported total debt of $10.4 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. MAR’s revenue rose 12.13% to $5.62 billion during the quarter, while net income inched up to $6.08 billion. While analysts expected Marriott International Inc. to report $2.18 quarterly earnings, the actual figure was $2.26 per share, beating the consensus estimate by 3.70%. During the quarter, the company generated $1.17 billion in EBITDA. The liabilities of Marriott International Inc. were 25.31 billion at the end of its most recent quarter ended June 29, and its total debt was $12.3 billion. The value of shareholders’ equity is $298.24 million.
Technical Picture
This quick technical analysis looks at Marriott International Inc.’s (MAR) price momentum. With a historical volatility rate of 14.20%, the RSI 9-day stood at 52.36% on 17 August.
With respect to its five-day moving average, the current Marriott International Inc. price is down by -2.43% percent or -$5.07. At present, MAR shares trade +4.38% above its 20-day simple moving average and +29.93% percent above its 100-day simple moving average. However, the stock is currently trading approximately +14.78% above its SMA50 and +27.06% above its SMA200.
Stochastic coefficient K was 49.57% and Stochastic coefficient D was 59.93%, while ATR was 4.14. Given the Stochastic reading of 44.82% for the 14-day period, the RSI (14) reading has been calculated as 58.19%. As of today, the MACD Oscillator reading stands at -1.98, while the 14-day reading stands at -1.01.
Analyst Ratings
Marriott International Inc. downgraded its rating on Marriott International Inc. (NASDAQ: MAR) to a Mkt perform in a note to investors on August 14, 2023. The analysts firm previously had an Outperform rating on the stock.Marriott International Inc. (MAR) has been rated Hold by analysts. According to 1 brokerage firm, MAR is a sell, and 17 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Marriott International Inc. stock as buy, with 5 recommending it as overweight.
With a median target price of $205.00, the current consensus forecast for the stock is $160.00 – $230.00. Based on these forecasts, analysts predict Marriott International Inc. (MAR) will achieve an average price target of $203.36.
