Marriott International, Inc (NASDAQ: MAR) is 3.25% higher on its value in year-to-date trading and has touched a low of $204.55 and a high of $307.52 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 $304.45 in the last trading session, with the day’s loss setting it -16.45%.
Currently trading at $288.00, the stock is 0.08% and 1.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.06 million and changing -5.40% at the moment leaves the stock 13.36% off its SMA200. MAR registered 15.39% gain for a year compared to 6-month gain of 32.13%. The firm has a 50-day simple moving average (SMA 50) of $284.9654 and a 200-day simple moving average (SMA200) of $253.8342.
The stock witnessed a 6.37% loss in the last 1 month and extending the period to 3 months gives it a 3.72%, and is -0.95% down 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 2.45% over the week and 1.94% over the month.
Marriott International, Inc (MAR) has around 411000 employees, a market worth around $80.03B and $25.10B in sales. Current P/E ratio is 34.60 and Fwd P/E is 24.27. Profit margin for the company is 9.46%. Distance from 52-week low is 40.80% and -6.35% from its 52-week high. The company has generated returns on investments over the last 12 months (21.43%).
with sales reaching $6.28B over the same period.The EPS is expected to grow by 13.90% this year, but quarterly earnings will post 6.02% year-over-year. Quarterly sales are estimated to grow 5.07% in year-over-year returns.
Marriott International, Inc (MAR) Top Institutional Holders
1893.0 institutions hold shares in Marriott International, Inc (MAR), with institutional investors hold 75.16% of the company’s shares. The shares outstanding are 277.89M, and float is at 242.64M with Short Float at 2.16%. Institutions hold 61.29% 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 2.8428 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 Anand Satyajit,the company’sPresident, EMEA. SEC filings show that Anand Satyajit sold 1,919 shares of the company’s common stock on Dec 06 ’24 at a price of $293.63 per share for a total of $0.56 million. Following the sale, the insider now owns 22559.0 shares.
Still, SEC filings show that on Nov 22 ’24, Brown William P (Group Pres., US and Canada) disposed off 1,707 shares at an average price of $284.30 for $0.49 million. The insider now directly holds 23,077 shares of Marriott International, Inc (MAR).
