In a report released today, Eric Wold from B.Riley Financial reiterated a Buy rating on Marcus (MCS – Research Report), with a price target of $23.00. The company’s shares closed yesterday at $15.67.
According to TipRanks, Wold is a 4-star analyst with an average return of 3.9% and a 43.81% success rate. Wold covers the Consumer Cyclical sector, focusing on stocks such as Topgolf Callaway Brands, RumbleON, and IMAX.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marcus with a $21.50 average price target.
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MCS market cap is currently $485.2M and has a P/E ratio of -81.39.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MCS in relation to earlier this year. Most recently, in May 2023, Allan Selig, a Director at MCS bought 1,000.00 shares for a total of $13,450.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Marcus Corp. engages in operating movie theatres, hotels, and resorts. It operates through the following business segments: Theatres and Hotels & Resorts. The Theatres segment includes multiscreen motion picture theatres and a family entertainment center. The Hotels & Resorts segment owns and operates full service hotels and resorts. The company was founded by Ben Marcus on November 1, 1935 and is headquartered in Milwaukee, WI.
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