Considering all key technical indicators, a 96% Buy signal has occurred for Marriott International, Inc. (NASDAQ:MAR). The stock is also flashing a Buy from the Barchart TrendSpotter trading system. Traders hoping to speculate on the MAR’s short-term trajectory should know that short terms indicators for the stock averaged 80% Buy with an average daily trading volume over the past 20 days at 1808300 shares. MAR stock has overall a 1% Buy signal considering medium term indicators and the 50-day average daily volume remained almost 2066020 shares. It’s also worth noting that the stock, whose average daily volume over the 100 days prior to this writing was shares, is 100% Buy on the basis of long term indicators.
The share price is currently staying around the first support level of $133.32. Below this, the next support is placed in the zone of $132.28. Till the time, the MAR stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 70.11 on daily chart, which may remain a cause for concern. If the price breaks below $132.28 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $135.19 mark may result into a pull-back move towards $136.02 level.
Marriott International, Inc. (MAR) is projected to climb by 0.27 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $156-month high price target. This represents a whopping 16.1 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $135, which represents a return potential of 0.47 percent when compared to the closing price of the stock of $134.37 on Monday, April 15. The lowest price target for the stock is $117 — slightly more than -12.93 percent from MAR’s current share price.
Here’s a rundown of insider trading activity for sense of Marriott International, Inc. (NASDAQ:MAR). The earliest insider trade took place on 03/29/2019. Capuano Anthony parted with a total of 44.59 thousand shares of company at average share price of $125.13. The total for the sales was set at $5.58 million. After this transaction, the EVP- Chief Development Officer account balance stood at 43.52 thousand shares. The stock grew 7.38 percent since that insider sale. On 03/26/2019, SORENSON ARNE M, President & CEO, sold 63.73 thousand shares at a price per share of $124.15. This removed 7.91 million shares from the insider’s fortune and the stock saw a 8.23 percent rally in value since the news became public. This transaction left 47.33 thousand shares in the President & CEO account. On 03/13/2019, Pres. & Managing Dir., Europe Brown William P performed a sale transaction worth $1.41 million. This sale at $121.53 each has eliminated 11.64 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded 10.57 percent increase since the transaction was reported. The insider now is left with 10.42 thousand shares remaining in the account. Smith Craig S., who performs the Pres. Mgn. Dir. Asia Pacific job, sold 16.74 thousand shares for $2.02 million. The disposal occurred on 03/11/2019 was priced at $120.35 per share. The share price soared 11.65 percent since the reporting date. Smith Craig S. now left with a stake of 9.03 thousand MAR stock worth $1.21 million after the insider selling.
MAR shares dropped -0.28 points or -0.21 percent on Monday to $134.37 with a light trade volume of 645.347 thousand shares. After opening the session at $134.5, the shares went as high as $134.97 and as low as $133.1, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $45 billion and now has 334.96 million shares outstanding. Marriott International, Inc. (MAR) stock has gained 9.85 percent of market value in 21 trading days.
Analysts at Citigroup cut their rating on shares of Marriott International, Inc. (NASDAQ:MAR) from Buy to Neutral in their opinion released on December 12. Argus analysts have downgraded their rating of MAR stock from Buy to Hold in a separate flash note to investors on November 20.
MAR stock has a trailing 3-year beta of 1.21, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $5.26 a share in the trailing twelve months. The stock’s value has surged 23.77 percent year to date (YTD) against a rise of 2.53 percent in 12 month’s time. The company’s shares still trade -5.5 percent away from its 1-year high of $142.19 and 33.54 percent up from 52-week low of $100.62. The average consensus rating on the company is 2.5, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.
Shares of Marriott International, Inc. (MAR) are trading at a P/E ratio of 25.59 times earnings reported for the past 12 months. The industry MAR operates in has an average P/E of 39.64. Its P/E ratio went as low as 20.61X and as high as 30.76 over the 5-year span. Further, it is sporting a 2.17 on the Price-to-Sales ratio. Compare this with the industry average P/S of 2.8. 17.7 percent is the gross profit margin for Marriott International, Inc. and operating margin sits at 11.4 percent. Along with this, the net profit margin is 9.2 percent.
Analysts are forecasting revenue to climb 2.1 percent to $5.11B in the next fiscal quarter, while earnings are seen soaring by nearly 0 percent to $1.34 per share. History has shown that shares in Marriott International, Inc. have gone up on 18 different earnings reaction days. In last reported earnings results, it earned $1.44 per share, better than the $1.39, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $5.29B, worse than the $5.48B analysts expected. Earnings are estimated to increase by -2.4 percent this year, 14.24 percent next year and continue to increase by 18.25 percent annually for the next 5 years.
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