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Marcus Corp (MCS) – Don’t Be So Quick to Call it Dead

Marcus Corp (NYSE: MCS) is -24.65% lower on its value in year-to-date trading and has touched a low of $9.56 and a high of $23.16 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MCS stock was last observed hovering at around $16.00 in the last trading session, with the day’s gains setting it 0.2%.

Currently trading at $16.20, the stock is -1.32% and -9.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 1.25% at the moment leaves the stock -6.60% off its SMA200. MCS registered 24.81% gain for a year compared to 6-month gain of 1.82%. The firm has a 50-day simple moving average (SMA 50) of $17.9892 and a 200-day simple moving average (SMA200) of $17.3456.

The stock witnessed a -6.84% loss in the last 1 month and extending the period to 3 months gives it a -18.02%, and is 1.38% 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 2.45% over the week and 3.57% over the month.

Marcus Corp (MCS) has around 8550 employees, a market worth around $502.16M and $735.56M in sales. Fwd P/E is 30.57. Profit margin for the company is -1.06%. Distance from 52-week low is 69.46% and -30.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.00%).

The EPS is expected to grow by 510.78% this year

225.0 institutions hold shares in Marcus Corp (MCS), with institutional investors hold 83.59% of the company’s shares. The shares outstanding are 24.63M, and float is at 23.15M with Short Float at 3.09%. Institutions hold 79.32% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 2.3 million shares valued at $26.18 million. The investor’s holdings represent 7.1583 of the MCS Shares outstanding. As of 2024-06-30, the second largest holder is GATE CITY CAPITAL MANAGEMENT, LLC with 1.67 million shares valued at $19.03 million to account for 5.2043 of the shares outstanding. The other top investors are KLCM ADVISORS, INC. which holds 1.57 million shares representing 4.8841 and valued at over $17.86 million, while DIMENSIONAL FUND ADVISORS LP holds 4.6278 of the shares totaling 1.47 million with a market value of $16.68 million.

Marcus Corp (MCS) Insider Activity

Marcus Corp disclosed in a document filed with the SEC on Nov 06 ’24 that KISSINGER THOMAS F (Sr Exec VP, Gen Counsel & Secy) sold a total of 8,000 shares of the company’s common stock. The trade occurred on Nov 06 ’24 and was made at $22.31 per share for $0.18 million. Following the transaction, the insider now directly holds 0.19 million shares of the MCS stock.

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