Marriott International, Inc (NASDAQ: MAR) on Tuesday, plunged -0.46% from the previous trading day, before settling in for the closing price of $286.24. Within the past 52 weeks, MAR’s price has moved between $202.24 and $290.43.
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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. The company achieved an average annual earnings per share of -7.31%. With a float of $243.70 million, this company’s outstanding shares have now reached $278.60 million.
In an organization with 411000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 19.91%, operating margin of 15.14%, and the pretax margin is 12.65%.
Marriott International, Inc (MAR) Insider Updates
Observing investor behavior towards Lodging industry stocks is more important than anything else. The insider ownership of Marriott International, Inc is 12.31%, while institutional ownership is 58.96%. The most recent insider transaction that took place on Nov 22 ’24, was worth 485,292. In this transaction Group Pres., US and Canada of this company sold 1,707 shares at a rate of $284.30, taking the stock ownership to the 23,077 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Officer proposed sale 1,707 for $284.30, making the entire transaction worth $485,292.
Marriott International, Inc (MAR) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 3.57 earnings per share (EPS) for the period topping the consensus outlook (set at 2.12) by 1.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.49% 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
Marriott International, Inc (MAR) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.20. Likewise, its price to free cash flow for the trailing twelve months is 29.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.56, a number that is poised to hit 2.37 in the next quarter and is forecasted to reach 10.62 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 1.16 million. That was inferior than the volume of 1.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.55%. Additionally, its Average True Range was 4.68.
During the past 100 days, Marriott International, Inc’s (MAR) raw stochastic average was set at 93.60%, which indicates a significant increase from 61.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.70% in the past 14 days, which was lower than the 23.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $267.58, while its 200-day Moving Average is $245.75. However, in the short run, Marriott International, Inc’s stock first resistance to watch stands at $287.38. Second resistance stands at $289.82. The third major resistance level sits at $291.66. If the price goes on to break the first support level at $283.10, it is likely to go to the next support level at $281.26. Assuming the price breaks the second support level, the third support level stands at $278.82.
Marriott International, Inc (NASDAQ: MAR) Key Stats
Market capitalization of the company is 79.18 billion based on 277,893K outstanding shares. Right now, sales total 23,713 M and income totals 3,083 M. The company made 6,255 M in profit during its latest quarter, and 584,000 K in sales during its previous quarter.
