Marriott International, Inc (NASDAQ: MAR) is 26.65% higher on its value in year-to-date trading and has touched a low of $200.94 and a high of $289.80 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 $288.18 in the last trading session, with the day’s loss setting it -2.58%.
Currently trading at $285.60, the stock is 2.71% and 7.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -0.90% at the moment leaves the stock 16.55% off its SMA200. MAR registered 39.55% gain for a year compared to 6-month gain of 24.74%. The firm has a 50-day simple moving average (SMA 50) of $264.9836 and a 200-day simple moving average (SMA200) of $245.03606.
The stock witnessed a 8.23% loss in the last 1 month and extending the period to 3 months gives it a 23.44%, and is 1.93% 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 1.13% over the week and 1.69% over the month.
Marriott International, Inc (MAR) has around 411000 employees, a market worth around $78.66B and $24.77B in sales. Current P/E ratio is 29.86 and Fwd P/E is 26.90. Profit margin for the company is 11.18%. Distance from 52-week low is 42.13% and -1.45% from its 52-week high. The company has generated returns on investments over the last 12 months (24.98%).
The EPS is expected to shrink by -7.25% this year
1835.0 institutions hold shares in Marriott International, Inc (MAR), with institutional investors hold 74.79% of the company’s shares. The shares outstanding are 290.54M, and float is at 243.70M with Short Float at 2.09%. Institutions hold 61.15% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.4 million shares valued at $4.93 billion. The investor’s holdings represent 7.0253 of the MAR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.18 million shares valued at $3.67 billion to account for 5.2266 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.59 million shares representing 3.3012 and valued at over $2.32 billion, while JPMORGAN CHASE & CO holds 2.7978 of the shares totaling 8.12 million with a market value of $1.96 billion.
Marriott International, Inc (MAR) Insider Activity
The most recent transaction is an insider sale by Brown William P, the company’s Group Pres., US and Canada. SEC filings show that Brown William P sold 1,707 shares of the company’s common stock on Nov 22 ’24 at a price of $284.30 per share for a total of $0.49 million. Following the sale, the insider now owns 23077.0 shares.
Still, SEC filings show that on Nov 12 ’24, Capuano Anthony (President & CEO) disposed off 8,332 shares at an average price of $284.49 for $2.37 million. The insider now directly holds 108,361 shares of Marriott International, Inc (MAR).
