On Friday, Marriott International, Inc. (NASDAQ: MAR) opened higher 0.39% from the last session, before settling in for the closing price of $264.57. Price fluctuations for MAR have ranged from $180.75 to $265.20 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 9.32% annually for the last half of the decade. Company’s average yearly earnings per share was noted -6.20% at the time writing. With a float of $246.85 million, this company’s outstanding shares have now reached $290.54 million.
In an organization with 411000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 9.63%, operating margin of 18.38%, and the pretax margin is 15.71%.
Marriott International, Inc. (MAR) Insider Updates
A key investor’s attitude towards the stock of the Lodging industry is another important factor to consider. The insider ownership of Marriott International, Inc. is 12.32%, while institutional ownership is 59.79%. The most recent insider transaction that took place on Mar 13 ’24, was worth 351,666. In this transaction Director of this company sold 1,400 shares at a rate of $251.19, taking the stock ownership to the 72 shares. Before that another transaction happened on Feb 28 ’24, when Company’s 13D Group Owning more than 10% sold 2,878 for $248.94, making the entire transaction worth $716,449. This insider now owns 596,042 shares in total.
Marriott International, Inc. (MAR) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 2.11 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.1) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.55% during the next five years compared to 13.58% growth over the previous five years of trading.
Marriott International, Inc. (NASDAQ: MAR) Trading Performance Indicators
Check out the current performance indicators for Marriott International, Inc. (MAR). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.06. Likewise, its price to free cash flow for the trailing twelve months is 27.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.00, a number that is poised to hit 2.31 in the next quarter and is forecasted to reach 10.61 in one year’s time.
Technical Analysis of Marriott International, Inc. (MAR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.03 million. That was inferior than the volume of 1.48 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 91.38%. Additionally, its Average True Range was 4.17.
During the past 100 days, Marriott International, Inc.’s (MAR) raw stochastic average was set at 98.42%, which indicates a significant increase from 95.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.35% in the past 14 days, which was lower than the 21.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $238.61, while its 200-day Moving Average is $239.84. However, in the short run, Marriott International, Inc.’s stock first resistance to watch stands at $267.09. Second resistance stands at $268.58. The third major resistance level sits at $270.59. If the price goes on to break the first support level at $263.60, it is likely to go to the next support level at $261.59. Assuming the price breaks the second support level, the third support level stands at $260.10.
Marriott International, Inc. (NASDAQ: MAR) Key Stats
There are currently 285,622K shares outstanding in the company with a market cap of 74.77 billion. Presently, the company’s annual sales total 23,713 M according to its annual income of 3,083 M. Last quarter, the company’s sales amounted to 6,439 M and its income totaled 772,000 K.
