Marcus Corporation (The) (NYSE:MCS) had its target price reduced by Barrington Research from $39.00 to $37.00 in a report released on Friday, Marketbeat.com reports. They currently have an outperform rating on the stock.

A number of other equities analysts also recently weighed in on MCS. B. Riley reaffirmed a buy rating and issued a $38.00 price target on shares of Marcus Corporation (The) in a research note on Monday, July 24th. ValuEngine raised shares of Marcus Corporation (The) from a hold rating to a buy rating in a research note on Friday, June 2nd. Benchmark Co. reaffirmed a buy rating and issued a $37.80 price target (up from $34.96) on shares of Marcus Corporation (The) in a research note on Saturday, April 29th. Finally, Zacks Investment Research downgraded shares of Marcus Corporation (The) from a hold rating to a sell rating in a research report on Wednesday, July 5th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. Marcus Corporation (The) has a consensus rating of Buy and a consensus price target of $37.45.

Shares of Marcus Corporation (MCS) traded up 2.02% during trading on Friday, reaching $27.75. The company had a trading volume of 79,551 shares. The stock’s 50-day moving average price is $30.15 and its 200-day moving average price is $31.23. Marcus Corporation has a 12 month low of $22.05 and a 12 month high of $34.90. The stock has a market capitalization of $790.49 million, a PE ratio of 18.34 and a beta of 0.65.

Marcus Corporation (The) (NYSE:MCS) last released its earnings results on Thursday, July 27th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.39 by $0.03. The business had revenue of $152.80 million during the quarter, compared to analysts’ expectations of $158.43 million. Marcus Corporation (The) had a net margin of 7.18% and a return on equity of 10.78%. Marcus Corporation (The)’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.34 EPS. Equities analysts forecast that Marcus Corporation will post $1.59 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This report was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another site, it was stolen and reposted in violation of US and international trademark & copyright law. The legal version of this report can be accessed at https://www.watchlistnews.com/marcus-corporation-the-mcs-price-target-cut-to-37-00-by-analysts-at-barrington-research/1465820.html.

In other news, VP Thomas F. Kissinger sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $32.17, for a total value of $128,680.00. Following the sale, the vice president now directly owns 60,039 shares of the company’s stock, valued at $1,931,454.63. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Douglas A. Neis sold 3,000 shares of the firm’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $33.83, for a total value of $101,490.00. Following the completion of the sale, the chief financial officer now directly owns 71,339 shares in the company, valued at $2,413,398.37. The disclosure for this sale can be found here. Company insiders own 33.53% of the company’s stock.

Several large investors have recently modified their holdings of the stock. Strs Ohio acquired a new stake in shares of Marcus Corporation (The) during the first quarter valued at about $260,000. Shell Asset Management Co. acquired a new stake in shares of Marcus Corporation (The) during the first quarter valued at about $736,000. Acadian Asset Management LLC increased its stake in shares of Marcus Corporation (The) by 78.5% in the first quarter. Acadian Asset Management LLC now owns 15,167 shares of the company’s stock valued at $486,000 after buying an additional 6,670 shares in the last quarter. CAPROCK Group Inc. acquired a new stake in shares of Marcus Corporation (The) during the first quarter valued at about $248,000. Finally, Dalton Greiner Hartman Maher & Co. increased its stake in shares of Marcus Corporation (The) by 0.3% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 69,918 shares of the company’s stock valued at $2,244,000 after buying an additional 237 shares in the last quarter. 57.69% of the stock is currently owned by institutional investors.

Marcus Corporation (The) Company Profile

The Marcus Corporation operates principally in two business segments: Theatres, and Hotels and Resorts. The Theatres segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Ohio, Minnesota, Iowa, North Dakota and Nebraska, and a family entertainment center in Wisconsin. The Hotels and Resorts segment owns and operates hotels and resorts in Wisconsin, Illinois, Oklahoma and Nebraska, and manages hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, Georgia, Florida and California.

Receive News & Ratings for Marcus Corporation (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marcus Corporation (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.