Marriott International Inc. (NASDAQ:MAR) saw a downside of -0.74% to close Monday at $192.93 after subtracting -$1.43 on the day. The 5-day average trading volume is 1,820,660 shares of the company’s common stock. It has gained $202.94 in the past week and touched a new high 2 times within the past 5 days. An average of 1,702,930 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,108,548.
MAR’s 1-month performance is -2.95% or -$6.86 on its low of $190.55 reached on 09/25/23. The company’s shares have touched a 52-week low of $135.90 and high of $210.98, with the stock’s rally to the 52-week high happening on 08/10/23. YTD, MAR has achieved 29.58% or $44.04 and has reached a new high 38 times. However, the current price is down -8.56% from the 52-week high price.
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Insider Transactions
MAR stock investors last saw insider trading activity on Sep 11.Menon Rajeev (President, APEC) most recently sold 8,000 shares at $207.03 per share on Sep 11. This transaction cost the insider $1,656,240. President & CEO, Capuano Anthony, sold 20,000 shares at a price of $202.23 on Aug 28. Then, on Aug 17, Member of 13(d) group Harrison Deborah Marriott sold 19,549 shares at a price of $205.35 per share. This transaction amounted to $4,014,387.
Valuation Metrics
MAR stock has a beta of 1.59. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.51 while the price to cash flow ratio at 23.52.
. In terms of profitability, the gross margin trailing 12 months is 21.53%. The firm’s gross profit as reported stood at $4.56 billion against revenue of $20.77 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 6.61% to $726.0 million, while revenue of $757.0 million was -4.27% off the previous quarter. Analysts expected MAR to announce $2.18 per share in earnings in its latest quarter, but it posted $2.26, representing a 3.70% surprise. EBITDA for the quarter stood at more than $1.17 billion. MAR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 25.31 billion, with total debt at $12.3 billion. Shareholders hold equity totaling $298.24 million.
Let’s look briefly at Marriott International Inc. (MAR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 31.40% to suggest the stock is trending Neutral, with historical volatility in this time period at 18.70%.
The stock’s 5-day moving average is $196.17, reflecting a -3.86% or -$7.75 change from its current price. MAR is currently trading -3.43% above its 20-day SMA, +8.02% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.87% and SMA200 by+20.23%.
Stochastic %K and %D was 5.55% and 9.64% and the average true range (ATR) pointed at 4.04. The RSI (14) points at 37.72%, while the 14-day stochastic is at 13.46% with the period’s ATR at 4.04. The stock’s 9-day MACD Oscillator is pointing at -4.64 and -6.19 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Marriott International Inc. (NASDAQ: MAR), Bernstein downgraded it to a Mkt perform rating. They previously had an Outperform rating on the stock. Analysts offering their rating for MAR stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate MAR as a “sell,”, while 17 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 5 have offered a “buy” rating.
What is MAR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $160.00 and a high of $235.00, with their median price target at $210.90. Looking at these predictions, the average price target given by analysts is for Marriott International Inc. (MAR) stock is $209.47.
