Market Watch: Marriott International, Inc. (MAR)’s Noteworthy Gain, Closing at 240.46

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Marriott International, Inc.’s stock clocked out at $240.46, up 1.23% from its previous closing price of $237.54. In other words, the price has increased by $1.23 from its previous closing price. On the day, 1.15 million shares were traded. MAR stock price reached its highest trading level at $240.67 during the session, while it also had its lowest trading level at $237.58.

Ratios:

To gain a deeper understanding of MAR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 160.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.46.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 68680671232 and an Enterprise Value of 81760755712. As of this moment, Marriott’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.82, and their Forward P/E ratio for the next fiscal year is 22.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85. Its current Enterprise Value per Revenue stands at 12.823 whereas that against EBITDA is 19.444.

Stock Price History:

The Beta on a monthly basis for MAR is 1.62, which has changed by 0.37014246 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, MAR has reached a high of $260.57, while it has fallen to a 52-week low of $165.13. The 50-Day Moving Average of the stock is -2.38%, while the 200-Day Moving Average is calculated to be 9.09%.

Shares Statistics:

It appears that MAR traded 1.50M shares on average per day over the past three months and 1375040 shares per day over the past ten days. A total of 290.54M shares are outstanding, with a floating share count of 239.48M. Insiders hold about 16.15% of the company’s shares, while institutions hold 63.09% stake in the company. Shares short for MAR as of 1714435200 were 5106999 with a Short Ratio of 3.41, compared to 1711584000 on 5610972. Therefore, it implies a Short% of Shares Outstanding of 5106999 and a Short% of Float of 2.29.

Dividends & Splits

With its trailing 12-month dividend rate of 2.08, MAR has a forward annual dividend rate of 2.08. Against a Trailing Annual Dividend Yield of 0.00875642The stock’s 5-year Average Dividend Yield is 1.29. The current Payout Ratio is 19.26% for MAR, which recently paid a dividend on 2024-02-21 with an ex-dividend date of 1708473600. Stock splits for the company last occurred on 2011-11-22 when the company split stock in a 1061:1000 ratio.

Earnings Estimates

At present, 16.0 analysts are actively evaluating the performance of Marriott International, Inc. (MAR) in the stock market.On average, analysts expect EPS of $2.48 for the current quarter, with a high estimate of $2.68 and a low estimate of $2.44, while EPS last year was $2.26. The consensus estimate for the next quarter is $2.38, with high estimates of $2.5 and low estimates of $2.26.

Analysts are recommending an EPS of between $9.8 and $9.23 for the fiscal current year, implying an average EPS of $9.5. EPS for the following year is $10.81, with 20.0 analysts recommending between $11.73 and $9.97.

Revenue Estimates

In the current quarter, 12 analysts expect revenue to total $6.47B. It ranges from a high estimate of $6.61B to a low estimate of $6.16B. As of the current estimate, Marriott International, Inc.’s year-ago sales were $5.99BFor the next quarter, 12 analysts are estimating revenue of $6.37B. There is a high estimate of $6.6B for the next quarter, whereas the lowest estimate is $6B.

A total of 16 analysts have provided revenue estimates for MAR’s current fiscal year. The highest revenue estimate was $26.21B, while the lowest revenue estimate was $24.25B, resulting in an average revenue estimate of $25.46B. In the same quarter a year ago, actual revenue was $23.71BBased on 16 analysts’ estimates, the company’s revenue will be $26.99B in the next fiscal year. The high estimate is $27.99B and the low estimate is $24.66B.

Most Popular