Marriott International Inc. [NASDAQ: MAR] traded at a high on 11/19/20, posting a 0.64 gain after which it closed the day’ session at $121.11. The company report on November 6, 2020 that Marriott International Reports Third Quarter 2020 Results.
Third quarter 2020 comparable systemwide constant dollar RevPAR declined 65.9 percent worldwide, 65.4 percent in North America and 67.4 percent outside North America , compared to the 2019 third quarter; .
The results of the trading session contributed to over 2027898 shares changing hands. Over the past one week, the price volatility of Marriott International Inc. stands at 3.02% while the volatility over the past one month is 4.32%.
The market cap for MAR stock reached $37.75 billion, with 325.90 million shares outstanding and 270.40 million shares in the current float. Compared to the average trading volume of 2.94M shares, MAR reached a trading volume of 2027898 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Marriott International Inc. [MAR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MAR shares is $108.45 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MAR stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Argus have made an estimate for Marriott International Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 19, 2020. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price from $83 to $95. The new note on the price target was released on October 13, 2020, representing the official price target for Marriott International Inc. stock. Previously, the target price had yet another raise from $88 to $125, while Jefferies kept a Buy rating on MAR stock.
The Average True Range (ATR) for Marriott International Inc. is set at 4.81, with the Price to Sales ratio for MAR stock in the period of the last 12 months amounting to 2.74. The Price to Book ratio for the last quarter was 173.01, with the Price to Cash per share for the same quarter was set at 5.06. Price to Free Cash Flow for MAR in the course of the last twelve months was 29.27 with Quick ratio for the last quarter at 0.60.
How has MAR stock performed recently?
Marriott International Inc. [MAR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.00. With this latest performance, MAR shares gained by 27.28% in over the last four-week period, additionally plugging by 33.01% over the last 6 months – not to mention a drop of -8.74% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MAR stock in for the last two-week period is set at 70.09, with the RSI for the last a single of trading hit 71.07, and the three-weeks RSI is set at 66.22 for Marriott International Inc. [MAR]. The present Moving Average for the last 50 days of trading for this stock 101.27, while it was recorded at 121.60 for the last single week of trading, and 96.41 for the last 200 days.
Marriott International Inc. [MAR]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Marriott International Inc. [MAR] shares currently have an operating margin of +9.71 and a Gross Margin at +14.19. Marriott International Inc.’s Net Margin is presently recorded at +6.07.
Return on Total Capital for MAR is now 16.82, given the latest momentum, and Return on Invested Capital for the company is 11.42. Return on Equity for this stock inclined to 86.95, with Return on Assets sitting at 5.22. When it comes to the capital structure of this company, Marriott International Inc. [MAR] has a Total Debt to Total Equity ratio set at 1,700.14. Additionally, MAR Total Debt to Total Capital is recorded at 94.44, with Total Debt to Total Assets ending up at 47.71. Long-Term Debt to Equity for the company is recorded at 1,542.67, with the Long-Term Debt to Total Capital now at 85.70.
Reflecting on the efficiency of the workforce at the company, Marriott International Inc. [MAR] managed to generate an average of $7,316 per employee. Receivables Turnover for the company is 9.26 with a Total Asset Turnover recorded at a value of 0.86.Marriott International Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.
Earnings analysis for Marriott International Inc. [MAR]
With the latest financial reports released by the company, Marriott International Inc. posted 1.57/share EPS, while the average EPS was predicted by analysts to be reported at 1.47/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 6.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MAR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Marriott International Inc. go to -11.93%.
Insider trade positions for Marriott International Inc. [MAR]
There are presently around $23,096 million, or 60.60% of MAR stock, in the hands of institutional investors. The top three institutional holders of MAR stocks are: VANGUARD GROUP INC with ownership of 21,247,209, which is approximately -2.582% of the company’s market cap and around 0.40% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 18,242,514 shares of the stock with an approximate value of $2.21 billion in MAR stocks shares; and BLACKROCK INC., currently with $1.94 billion in MAR stock with ownership of nearly -2.526% of the company’s market capitalization.
Positions in Marriott International Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 377 institutional holders increased their position in Marriott International Inc. [NASDAQ:MAR] by around 11,545,359 shares. Additionally, 376 investors decreased positions by around 13,024,206 shares, while 153 investors held positions by with 166,132,612 shares. The mentioned changes placed institutional holdings at 190,702,177 shares, according to the latest SEC report filing. MAR stock had 114 new institutional investments in for a total of 3,998,639 shares, while 83 institutional investors sold positions of 1,923,651 shares during the same period.