Marriott International, Inc. (NASDAQ:MAR) traded at $85.37 at last check on Tuesday, Jun 30, making a downturn move of -1.42% on its previous day’s price.
Looking at the stock we see that its previous close was $86.6 and the beta (5Y monthly) reads 1.6 with the day’s price range being $84.00 – 86.29. The company has a 12-month trailing PE ratio of 30.67. In terms of its 52-week price range, MAR has a high of $153.39 and a low of $46.56. The company’s stock has gained about -2.15% over that past 30 days.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $1.65 Billion, with a low of $836Million and a high of $4.53 Billion. The median projection represents growth adding up to -68.9% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $13.06 Billion, or -37.7% down from figures reported last year.
On the other hand, looking at the outlook for the MAR stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Based on estimates by 27 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 19 have rated the Marriott International, Inc. (MAR) stock as a Hold, while 6 rate it as a Buy. 1 analysts rate it as outperform while none of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Let’s briefly compare Marriott (MAR) stock to its peers. We find that today’s price change of -1.42% and -38.27% over the past 12 months for MAR competes that of Hilton Inc (HLT), which has seen its stock price fall -0.72% in the latest trading session and is -24.37% over the last one year. Another of its peers Huazhu Group Ltd (HTHT) has climbed 0.51% today, but is -2.21% down over the past year, while Intercontinental Hotels Group (IHG) is also down -1.42% yet its price remains in the red at -38.27% over the same period. Hilton has a P/E ratio of 28.75 compared to Marriott’s 30.97 and Huazhu’s 44.42. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.04% and 0.46%, respectively, in early deals.
Coming back to Marriott International, Inc. (NASDAQ:MAR), we note that the average 3-month trading volume was 5.94 Million, while that of the preceding 10-day period stands at 6.22 Million. Current shares outstanding are 324.26 Million.
According to data from Thomson Reuters, insiders hold 17.21% of the company’s shares while institutions hold 64.41%. The data shows that short shares as of June 14, 2020, stood at 10.8 Million at a short ratio of 1.75. This represents a 3.33% Short interest in Shares outstanding on June 14, 2020. Shares short dropped in June from the previous month at 14.03 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -42.81% down in year-to-date price movement.