Marriott International, Inc. (MAR) Shares Rise Despite Market Challenges

The stock price of Marriott International, Inc. (NASDAQ: MAR) has surged by 1.15 when compared to previous closing price of 247.74, but the company has seen a -0.63% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-03 that In the closing of the recent trading day, Marriott International (MAR) stood at $250.59, denoting a +1.15% change from the preceding trading day.

Is It Worth Investing in Marriott International, Inc. (NASDAQ: MAR) Right Now?

The price-to-earnings ratio for Marriott International, Inc. (NASDAQ: MAR) is above average at 24.59x, Company’s 36-month beta value is 1.62.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 5 as “overweight,” 11 as “hold,” and 1 as “sell.”

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The public float for MAR is 242.65M, and currently, short sellers hold a 2.42% ratio of that floaft. The average trading volume of MAR on April 04, 2024 was 1.43M shares.

MAR’s Market Performance

MAR’s stock has seen a -0.63% decrease for the week, with a 1.28% rise in the past month and a 12.96% gain in the past quarter. The volatility ratio for the week is 1.37%, and the volatility levels for the past 30 days are at 1.46% for Marriott International, Inc. The simple moving average for the last 20 days is 0.10% for MAR stock, with a simple moving average of 17.92% for the last 200 days.

Analysts’ Opinion of MAR

Many brokerage firms have already submitted their reports for MAR stocks, with Mizuho repeating the rating for MAR by listing it as a “Neutral.” The predicted price for MAR in the upcoming period, according to Mizuho is $263 based on the research report published on March 26, 2024 of the current year 2024.

Wells Fargo, on the other hand, stated in their research note that they expect to see MAR reach a price target of $220. The rating they have provided for MAR stocks is “Equal Weight” according to the report published on December 05th, 2023.

HSBC Securities gave a rating of “Buy” to MAR, setting the target price at $233 in the report published on October 23rd of the previous year.

MAR Trading at 1.59% 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 -2.32% of loss for the given period.

Volatility was left at 1.46%, however, over the last 30 days, the volatility rate increased by 1.37%, as shares surge +1.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.56% upper at present.

During the last 5 trading sessions, MAR fell by -0.63%, which changed the moving average for the period of 200-days by +41.83% in comparison to the 20-day moving average, which settled at $250.48. In addition, Marriott International, Inc. saw 11.12% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MAR starting from HIPPEAU ERIC, who sale 1,400 shares at the price of $251.19 back on Mar 13 ’24. After this action, HIPPEAU ERIC now owns 72 shares of Marriott International, Inc., valued at $351,666 using the latest closing price.

Marriott David S, the 13D Group Owning more than 10% of Marriott International, Inc., sale 2,878 shares at $248.94 during a trade that took place back on Feb 28 ’24, which means that Marriott David S is holding 596,042 shares at $716,449 based on the most recent closing price.

Stock Fundamentals for MAR

Current profitability levels for the company are sitting at:

  • 0.19 for the present operating margin
  • 0.1 for the gross margin

The net margin for Marriott International, Inc. stands at 0.15. The total capital return value is set at 0.22. Equity return is now at value 1446.77, with 12.21 for asset returns.

Based on Marriott International, Inc. (MAR), the company’s capital structure generated 1.06 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at -18.71. The interest coverage ratio of the stock is 14.15.

Currently, EBITDA for the company is 4.28 billion with net debt to EBITDA at 3.62. When we switch over and look at the enterprise to sales, we see a ratio of 4.14. The receivables turnover for the company is 7.57for trailing twelve months and the total asset turnover is 0.8.

Conclusion

In a nutshell, Marriott International, Inc. (MAR) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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