At the time of writing, Marriott International, Inc. [MAR] stock is trading at $251.48, up 0.87%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MAR shares have gain 4.57% over the last week, with a monthly amount glided 5.72%, and seem to be holding up well over a long-time horizon.
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
On 13, February 2024, MARRIOTT INTERNATIONAL REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2023 RESULTS. In a post published today on Yahoo Finance, Fourth quarter 2023 comparable systemwide constant dollar RevPAR increased 7.2 percent worldwide, 3.3 percent in the U.S. & Canada, and 17.4 percent in international markets, compared to the 2022 fourth quarter;.
From an analyst’s perspective:
Previously, HSBC Securities started tracking the stock with Buy rating on October 23, 2023, and set its price target to $233. On August 14, 2023, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $218 on the stock. Bernstein upgraded its rating to a Outperform but stick to its price target of $204 on May 03, 2023. Evercore ISI downgraded its rating to a In-line but $180 remained the price target by the analyst firm on February 15, 2023. Jefferies downgraded its rating to Hold for this stock on January 09, 2023, but kept the price target unchanged to $166. In a note dated December 15, 2022, Barclays downgraded an Equal Weight rating on this stock and boosted its target price from $163 to $170.
For the past year, the stock price of Marriott International, Inc. fluctuated between $153.56 and $250.75. Currently, Wall Street analysts expect the stock to reach $188.9 within the next 12 months. Marriott International, Inc. [NASDAQ: MAR] shares were valued at $251.48 at the most recent close of the market. An investor can expect a potential drop of -24.88% based on the average MAR price forecast.
Analyzing the MAR fundamentals
According to Marriott International, Inc. [NASDAQ:MAR], the company’s sales were 23.71B for trailing twelve months, which represents an 2.90% jump. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 249.32 points at the first support level, and at 247.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 252.90, and for the 2nd resistance point, it is at 254.33.
Marriott International, Inc. [MAR] reported earnings per share of $3.57 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.12/share, meaning a difference of $1.45 and a surprise factor of 68.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.11 per share as compared to estimates of $2.1 per share, a difference of $0.01 representing a surprise of 0.50%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.07 and price to earnings (TTM) ratio is 24.68.
Transactions by insiders
Recent insider trading involved Capuano Anthony, President & CEO, that happened on Feb 22 when 20000.0 shares were sold. EVP, Chf. Rev & Technology, Pinto Drew completed a deal on Feb 21 to sell 1404.0 shares. Meanwhile, EVP & CFO Oberg Kathleen K. sold 47109.0 shares on Feb 20.
