These Numbers Show Favorable Signs for Marriott International, Inc. (MAR)

Marriott International, Inc. (NASDAQ: MAR) is 10.35% higher on its value in year-to-date trading and has touched a low of $153.56 and a high of $250.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MAR stock was last observed hovering at around $247.02 in the last trading session, with the day’s gains setting it 1.82%.

Currently trading at $248.84, the stock is 3.91% and 9.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing 0.74% at the moment leaves the stock 24.62% off its SMA200. MAR registered 42.28% gain for a year compared to 6-month gain of 19.34%. The firm has a 50-day simple moving average (SMA 50) of $3.61 and a 200-day simple moving average (SMA200) of $18.96.

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The stock witnessed a 9.63% loss in the last 1 month and extending the period to 3 months gives it a 28.01%, and is 1.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.71% over the week and 1.53% over the month.

Marriott International, Inc. (MAR) has around Feb 21 2024 employees, a market worth around $73.08B and $23.54B in sales. Current P/E ratio is 26.37 and Fwd P/E is 25.70. Profit margin for the company is 12.35%. Distance from 52-week low is 62.05% and -0.76% from its 52-week high. The company has generated returns on investments over the last 12 months (26.02%).

Marriott International, Inc. quarterly earnings per share for the current quarter are estimated at $2.12 with sales reaching $6.2B over the same period.The EPS is expected to grow by 28.43% this year, but quarterly earnings will post 15.00% year-over-year. Quarterly sales are estimated to grow 4.70% in year-over-year returns.

Marriott International, Inc. (MAR) Top Institutional Holders

1,690 institutions hold shares in Marriott International, Inc. (MAR), with institutional investors hold 77.35% of the company’s shares. The shares outstanding are 310.60M, and float is at 247.22M with Short Float at 2.16%. Institutions hold 63.79% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 21.44 million shares valued at $3.94 billion. The investor’s holdings represent 7.19% of the MAR Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 15.88 million shares valued at $2.92 billion to account for 5.33% of the shares outstanding. The other top investors are State Street Corporation which holds 10.1 million shares representing 3.39% and valued at over $1.86 billion, while JP Morgan Chase & Company holds 2.93% of the shares totaling 8.75 million with a market value of $1.61 billion.

Marriott International, Inc. (MAR) Insider Activity

A total of 11 insider transactions have happened at Marriott International, Inc. (MAR) in the last six months, with sales accounting for 9 and purchases happening 2 times. The most recent transaction is an insider sale by Capuano Anthony,the company’sPresident & CEO. SEC filings show that Capuano Anthony sold 46,000 shares of the company’s common stock on Dec 12 at a price of $216.49 per share for a total of $9.96 million. Following the sale, the insider now owns 54317.0 shares.

Marriott International, Inc. disclosed in a document filed with the SEC on Nov 22 that Lee Felitia (Controller and CAO) sold a total of 570 shares of the company’s common stock. The trade occurred on Nov 22 and was made at $210.08 per share for $0.12 million. Following the transaction, the insider now directly holds 2793.0 shares of the MAR stock.

Still, SEC filings show that on Sep 11, Menon Rajeev (President, APEC) disposed off 8,000 shares at an average price of $207.03 for $1.66 million. The insider now directly holds 4,000 shares of Marriott International, Inc. (MAR).

Marriott International, Inc. (MAR): Who are the competitors?

The company’s main competitors (and peers) include Airbnb Inc. Cl A (ABNB) that is trading 32.11% up over the past 12 months. Hilton Worldwide Holdings Inc. (HLT) that is 29.91% higher over the same period.