Coverage Initiated by Loop Capital for Marriott International (NASDAQ:MAR)

Stock analysts at Loop Capital initiated coverage on shares of  Marriott International (NASDAQ:MAR) in a report issued on wednesday. The brokerage set a Hold rating on the Consumer Discretionary stock. A price-to-earnings ratio of 147.02 and a beta of 1.75. Marriott International has a twelve month low $88.92 of  and a twelve month high of $159.98.

Shares of Marriott International traded down -$2.83 on wednesday, reaching $154.62. 1973149 shares of the stock traded hands, compared to its average volume of 1987505. Shares of Marriott International were trading at $154.62 on wednesday. The firm’s 50 day moving average is $$142.20 and its 200 day moving average is $140.71.Marriott International  has a 12 month low of $154.16 and a 12 month high of $159.98. While on yearly highs and lows, Marriott International’s today has traded high as $158.45 and has touched $154.16 on the downward trend. See More Analyst Rating at: RATING

Marriott International Earnings and What to expect: 

Marriott International last announced its quarterly earnings data on August 3rd, 2021. The reported $0.79 EPS for the quarter, topping the consensus estimate of $0.43 by $0.36. The firm earned $3.15 billion during the quarter, compared to analyst estimates of $3.28 billion. Its revenue for the quarter was up 115.1% compared to the same quarter last year. Marriott International has generated $0.18 earnings per share over the last year ($1.06 diluted earnings per share) and currently has a price-to-earnings ratio of 145.9. Earnings for Marriott International are expected to grow by 81.66% in the coming year, from $2.89 to $5.25 per share. Marriott International has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, November 5th, 2021 based off prior year’s report dates.

Earnings for Marriott International are expected to grow by 81.66% in the coming year, from $2.89 to $5.25 per share. The P/E ratio of Marriott International is 145.87, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.72. The P/E ratio of Marriott International is 145.87, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.60. Marriott International has a P/B Ratio of 116.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Marriott International (NASDAQ:MAR) Moving Average Technical Analysis

5 day Moving Average is $156.75 And 5 day price change is -$0.69 (-0.44%)  with average volume for 5 day average is 1,740,480. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $151.69 and 20 day price change is $9.94 (6.87%) and average 20 day moving volume is 2,066,635. 50 day moving average is $142.20  and 50 day price change is $11.99 ( 8.41%)  and with average volume for 50 days is : 1,975,914. 200 day moving average is $140.71  and 200 day price change is $26.30 (20.50%)  and with average volume for 200 days is : 2,244,688.

Other owners latest trading in Marriott International :

  • On 10/13/2021 shares held by Crossmark Global Holdings Inc. were 5,532 which equates to market value of $0.22M and appx 0.00% owners of Marriott International
  • On 10/13/2021 shares held by Gillespie Robinson & Grimm Inc. were 264,032 which equates to market value of $39.10M and appx 3.30% owners of Marriott International
  • On 10/13/2021 shares held by Teamwork Financial Advisors LLC were 9,273 which equates to market value of $1.37M and appx 0.30% owners of Marriott International
  • In total Institutional ownership equates to Institutional Ownership Percentage: 58.04% for Marriott International

See More Analyst Rating at: RATING