Marriott International, Inc (NASDAQ:MAR) shares, rose in value on Friday, December 13, with the stock price down by -1.00% to the previous day’s close as strong demand from buyers drove the stock to $287.08.
Actively observing the price movement in the last trading, the stock closed the session at $289.99, falling within a range of $286.11 and $289.59. The value of beta (5-year monthly) was 1.585 whereas the PE ratio was 30.02 over 12-month period. Referring to stock’s 52-week performance, its high was $295.45, and the low was $204.55. On the whole, MAR has fluctuated by 0.21% over the past month.
With the market capitalization of Marriott International, Inc currently standing at about $79.78 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 2.41, with its dividend yield at 0.84%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 25.06B, with a low estimate of 6.13B and a high estimate of 6.49B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.37B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MAR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 5.47, with the price of MAR currently trading nearly 0.24% and 4.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.86, while the 7-day volatility ratio is showing 1.60% which for the 30-day chart, stands at 1.48%. Furthermore, Marriott International, Inc (MAR)’s beta value is 1.58, and its average true range (ATR) is 4.74.
A comparison of Marriott International, Inc (MAR) with its peers suggests the former has fared considerably weaker in the market. MAR showed an intraday change of -1.00% in last session, and over the past year, it grew by 31.65%%.
Data on historical trading for Marriott International, Inc (NASDAQ:MAR) indicates that the trading volumes over the past 10 days have averaged 1.06 and over the past 3 months, they’ve averaged 1.30 million. According to company’s latest data on outstanding shares, there are 278.60 million shares outstanding.
Nearly 12.47% of Marriott International, Inc’s shares belong to company insiders and institutional investors own 58.99% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.47 million shares as on 2024-11-29, resulting in a short ratio of 3.99. According to the data, the short interest in Marriott International, Inc (MAR) stood at 254.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 4.87 million. The stock has risen by 27.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MAR stock heading into the next quarter.
