Why Marcus Corp (NYSE:MCS) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $28.70 on Marcus Corp (NYSE:MCS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.13 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Marcus Corp (NYSE:MCS) stands at 15.54.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Marcus Corporation (The) Common, the PEG ratio for coming 3-5 years is 1.39.

Technical Analysis

The technical analysis highlights that Marcus Corporation (The) Common current is trading $1.24 points away or +5.47% from its 50-day moving average of $22.66. Further it is trading $3.49 or +17.10% away its 200-day moving average of $20.41.

The 52-week high of Marcus Corp (NYSE:MCS) was $23.90 while lowest point recorded in 52-week was $17.44. It implies if stock price makes a movement of over $0.00, it will record a new 52-week high. In the case of +37.04% drop, it will touch a new 52-week low.

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