Alert: Negative Investment/Fundamental Signals (11/27/23)-The Marcus Corp (NYSE: MCS)

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The Marcus Corp (NYSE: MCS). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and its shorter term price trend turned down.

Recent meaningful negative changes in fundamentals have affected The Marcus Corp (NYSE: MCS): the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

MCS is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Marcus has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Marcus has a slightly negative Appreciation Score of 35 and a neutral Power Rating of 56, with the Low Neutral Value Trend Rating the result.

Recent Price Action

On 11/27/23, The Marcus Corp (NYSE: MCS) stock declined modestly by -0.8%, closing at $14.28. The stock has performed in line with the market over the last nine months and has declined -6.5% during the last week.

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