Marriott International, Inc. [MAR] stock prices are down -0.87% to $241.94 at the moment. 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 2.39% over the last week, with a monthly amount drifted -4.06%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Marriott International, Inc. [NASDAQ: MAR] stock has seen the most recent analyst activity on March 26, 2024, when Mizuho initiated its Neutral rating and assigned the stock a price target of $263. On October 23, 2023, HSBC Securities initiated with a Buy rating and assigned a price target of $233 on the stock. Bernstein downgraded its rating to a Mkt Perform and increased its price target to $218 on August 14, 2023. Bernstein upgraded its rating to a Outperform but $204 remained the price target by the analyst firm on May 03, 2023. Evercore ISI downgraded its rating to In-line for this stock on February 15, 2023, but kept the price target unchanged to $180. In a note dated January 09, 2023, Jefferies downgraded an Hold rating on this stock but restated the target price of $166.
The stock price of Marriott International, Inc. [MAR] has been fluctuating between $162.77 and $260.57 over the past year. Currently, Wall Street analysts expect the stock to reach $195.36 within the next 12 months. Marriott International, Inc. [NASDAQ: MAR] shares were valued at $241.94 at the most recent close of the market. An investor can expect a potential drop of -19.25% based on the average MAR price forecast.
Analyzing the MAR fundamentals
The Marriott International, Inc. [NASDAQ:MAR] reported sales of 23.71B for trailing twelve months, representing a surge of 2.90%. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is -8.64 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -18.71.
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 240.41 points at the first support level, and at 238.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 243.30, and for the 2nd resistance point, it is at 244.65.
Marriott International, Inc. [MAR] reported earnings per share of $3.57 for its fiscal quarter that ended on 12/31/2023. 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 9/30/2023 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 2.95 and price to earnings (TTM) ratio is 23.75.
Transactions by insiders
Recent insider trading involved HIPPEAU ERIC, Director, that happened on Mar 13 ’24 when 1400.0 shares were sold. 13D Group Owning more than 10%, Marriott David S completed a deal on Feb 28 ’24 to sell 2878.0 shares. Meanwhile, President, EMEA Anand Satyajit sold 2749.0 shares on Feb 23 ’24.
