Market Momentum: Marriott International, Inc. (MAR) Registers a -0.91 Decrease, Closing at 236.30

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

Marriott International, Inc. (NASDAQ: MAR) closed the day trading at $236.30 down -0.91% from the previous closing price of $238.46. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 1.84 million shares were traded. MAR stock price reached its highest trading level at $241.24 during the session, while it also had its lowest trading level at $236.09.

Ratios:

For a better understanding of MAR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 202.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.17.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on March 26, 2024, initiated with a Neutral rating and assigned the stock a target price of $263.

On October 23, 2023, HSBC Securities started tracking the stock assigning a Buy rating and target price of $233.HSBC Securities initiated its Buy rating on October 23, 2023, with a $233 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’24 when HIPPEAU ERIC sold 1,400 shares for $251.19 per share. The transaction valued at 351,666 led to the insider holds 72 shares of the business.

Marriott David S sold 2,878 shares of MAR for $716,449 on Feb 28 ’24. The 13D Group Owning more than 10% now owns 596,042 shares after completing the transaction at $248.94 per share. On Feb 23 ’24, another insider, Anand Satyajit, who serves as the President, EMEA of the company, sold 2,749 shares for $251.93 each. As a result, the insider received 692,556 and left with 24,478 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MAR now has a Market Capitalization of 68115603456 and an Enterprise Value of 80932388864. As of this moment, Marriott’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.19, and their Forward P/E ratio for the next fiscal year is 22.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88. Its current Enterprise Value per Revenue stands at 12.846 whereas that against EBITDA is 18.945.

Stock Price History:

Over the past 52 weeks, MAR has reached a high of $260.57, while it has fallen to a 52-week low of $162.77. The 50-Day Moving Average of the stock is -5.01%, while the 200-Day Moving Average is calculated to be 9.10%.

Shares Statistics:

Over the past 3-months, MAR traded about 1.48M shares per day on average, while over the past 10 days, MAR traded about 1549190 shares per day. A total of 290.50M shares are outstanding, with a floating share count of 242.72M. Insiders hold about 16.15% of the company’s shares, while institutions hold 62.59% stake in the company. Shares short for MAR as of 1711584000 were 5610972 with a Short Ratio of 3.80, compared to 1709164800 on 5445653. Therefore, it implies a Short% of Shares Outstanding of 5610972 and a Short% of Float of 2.4899999999999998.

Dividends & Splits

MAR’s forward annual dividend rate is 2.08, up from 1.96 a year ago. The stock’s 5-year Average Dividend Yield is 1.29.

Earnings Estimates

Investors are keenly observing as MSCI Emerging Markets Index Fut analysts analyze and rate the current performance of Marriott International, Inc. (MAR) in the stock market.The consensus estimate for the next quarter is $293.40, with high estimates of $15.03 and low estimates of $536.80.

EPS for the following year is $Future, with Future analysts recommending between $Stocks and $Future.

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