StockNews.com Upgrades Marcus (NYSE:MCS) to “Buy”

Marcus (NYSE:MCS) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

Several other equities analysts also recently commented on the stock. Benchmark upped their price target on shares of Marcus from $20.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, November 1st. B. Riley upped their price target on shares of Marcus from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, July 8th. Finally, Barrington Research reiterated an “outperform” rating and set a $20.00 price objective on shares of Marcus in a research note on Thursday, October 31st.

Marcus Price Performance

MCS stock opened at $22.39 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.51 and a current ratio of 0.54. The company’s 50-day simple moving average is $15.72 and its 200 day simple moving average is $13.19. Marcus has a 52 week low of $9.56 and a 52 week high of $22.49.

Institutional Investors Weigh In On Marcus

Large investors have recently bought and sold shares of the company. nVerses Capital LLC bought a new position in shares of Marcus in the third quarter worth about $32,000. Innealta Capital LLC bought a new position in shares of Marcus in the second quarter worth about $30,000. CWM LLC lifted its holdings in shares of Marcus by 3,319.0% in the second quarter. CWM LLC now owns 2,872 shares of the company’s stock worth $33,000 after acquiring an additional 2,788 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Marcus by 53.0% in the third quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock worth $58,000 after acquiring an additional 1,336 shares during the last quarter. Finally, Creative Planning bought a new position in shares of Marcus in the third quarter worth about $159,000. 81.57% of the stock is currently owned by institutional investors and hedge funds.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.