Is Marriott International Inc. (MAR) Good For Your Portfolio?

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.

Top 5 AI Stocks to Buy for 2023

The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything. According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.

Click Here to Download the FREE Report.

Sponsored

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.

Most Popular

Related Posts