Marriott International Inc. (NASDAQ: MAR)’s stock price has decreased by -2.68 compared to its previous closing price of 162.69. but the company has seen a -8.71% decline in its stock price over the last five trading sessions. The Wall Street Journal reported on 02/14/23 that Marriott Earnings Top Views as Travel Demand Holds Strong
Is It Worth Investing in Marriott International Inc. (NASDAQ: MAR) Right Now?
Marriott International Inc. (NASDAQ: MAR) has a higher price-to-earnings ratio of 21.84x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.59. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 16 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Marriott International Inc. (MAR) is $182.00, which is $23.14 above the current market price. The public float for MAR is 256.28M, and currently, short sellers hold a 1.75% ratio of that float. The average trading volume of MAR on March 16, 2023 was 1.83M shares.
MAR’s Market Performance
MAR’s stock has seen a -8.71% decrease for the week, with a -9.20% drop in the past month and a -2.97% fall in the past quarter. The volatility ratio for the week is 2.74%, and the volatility levels for the past 30 days are at 2.13% for Marriott International Inc. The simple moving average for the last 20 days is -7.51% for MAR stock, with a simple moving average of 0.69% for the last 200 days.
Analysts’ Opinion of MAR
Many brokerage firms have already submitted their reports for MAR stocks, with Evercore ISI repeating the rating for MAR by listing it as a “In-line.” The predicted price for MAR in the upcoming period, according to Evercore ISI is $180 based on the research report published on February 15th of the current year 2023.
Jefferies, on the other hand, stated in their research note that they expect to see MAR reach a price target of $166. The rating they have provided for MAR stocks is “Hold” according to the report published on January 09th, 2023.
Barclays gave a rating of “Equal Weight” to MAR, setting the target price at $170 in the report published on December 15th of the previous year.
MAR Trading at -5.54% from the 50-Day Moving Average
After a stumble in the market that brought MAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.18% of loss for the given period.
Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares sank -12.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.34% upper at present.
During the last 5 trading sessions, MAR fell by -8.71%, which changed the moving average for the period of 200-days by -6.96% in comparison to the 20-day moving average, which settled at $170.03. In addition, Marriott International Inc. saw 6.34% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at MAR starting from Menon Rajeev, who sale 6,000 shares at the price of $176.17 back on Mar 07. After this action, Menon Rajeev now owns 12,000 shares of Marriott International Inc., valued at $1,057,020 using the latest closing price.
Brown William P, the Group Pres., US and Canada of Marriott International Inc., sale 2,500 shares at $170.03 during a trade that took place back on Feb 24, which means that Brown William P is holding 17,738 shares at $425,075 based on the most recent closing price.
Stock Fundamentals for MAR
Current profitability levels for the company are sitting at:
- +16.72 for the present operating margin
- +21.01 for the gross margin
The net margin for Marriott International Inc. stands at +11.35. Equity return is now at value 182.30, with 9.50 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
To put it simply, Marriott International Inc. (MAR) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.