The Marcus Corp (NYSE: MCS) has reported E.P.S. of $-0.38 for its first fiscal quarter (ending March 31) versus $-0.31 for the same period a year ago. Relative to the consensus estimate of $-0.23, this was a shortfall of $-0.15. For the latest four quarters through March 31, E.P.S. were $0.39 compared to $-0.23 a year ago.
Recent Price Action
The Marcus Corp (NYSE: MCS) stock closed at $12.05 on 5/2/24 after a large decline of -8.1%. Moreover, exceptionally high trading volume at 272% of normal accompanied the decline. The stock has declined -11.7% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, MCS is expected to continue to be Value Creation neutral.
Marcus has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Marcus has a neutral Appreciation Score of 48 but a poor Power Rating of 29, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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