The stock price of Marcus Corp. (NYSE: MCS) has surged by 7.25 when compared to previous closing price of 11.17, but the company has seen a -0.58% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-06 that The heavy selling pressure might have exhausted for Marcus (MCS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Is It Worth Investing in Marcus Corp. (NYSE: MCS) Right Now?
The price-to-earnings ratio for Marcus Corp. (NYSE: MCS) is above average at 57.05x. The 36-month beta value for MCS is also noteworthy at 1.49. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for MCS is 23.66M, and at present, short sellers hold a 19.22% of that float. The average trading volume of MCS on May 09, 2024 was 456.93K shares.
MCS’s Market Performance
The stock of Marcus Corp. (MCS) has seen a -0.58% decrease in the past week, with a -11.85% drop in the past month, and a -14.61% fall in the past quarter. The volatility ratio for the week is 6.63%, and the volatility levels for the past 30 days are at 3.24% for MCS. The simple moving average for the past 20 days is -6.54% for MCS’s stock, with a -17.90% simple moving average for the past 200 days.
Analysts’ Opinion of MCS
Many brokerage firms have already submitted their reports for MCS stocks, with B. Riley Securities repeating the rating for MCS by listing it as a “Buy.” The predicted price for MCS in the upcoming period, according to B. Riley Securities is $24 based on the research report published on January 03, 2023 of the previous year 2023.
B. Riley Securities, on the other hand, stated in their research note that they expect to see MCS reach a price target of $25, previously predicting the price at $22. The rating they have provided for MCS stocks is “Buy” according to the report published on December 05th, 2022.
B. Riley Securities gave a rating of “Buy” to MCS, setting the target price at $22 in the report published on October 12th of the previous year.
MCS Trading at -12.23% from the 50-Day Moving Average
After a stumble in the market that brought MCS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.48% of loss for the given period.
Volatility was left at 3.24%, however, over the last 30 days, the volatility rate increased by 6.63%, as shares sank -12.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.47% lower at present.
During the last 5 trading sessions, MCS fell by -1.16%, which changed the moving average for the period of 200-days by -20.60% in comparison to the 20-day moving average, which settled at $12.73. In addition, Marcus Corp. saw -17.83% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MCS
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.42 for the gross margin
The net margin for Marcus Corp. stands at 0.02. The total capital return value is set at 0.03. Equity return is now at value 2.73, with 1.20 for asset returns.
Based on Marcus Corp. (MCS), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 3.71.
Currently, EBITDA for the company is 102.29 million with net debt to EBITDA at 3.96. When we switch over and look at the enterprise to sales, we see a ratio of 1.02. The receivables turnover for the company is 53.32for trailing twelve months and the total asset turnover is 0.7.
Conclusion
In summary, Marcus Corp. (MCS) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
