Marriott International, Inc. (MAR) concluded trading on Wednesday at a closing price of $227.30, with 4.29 million shares of worth about $975.87 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.53% during that period and on July 31, 2024 the price saw a loss of about -4.80%. Currently the company’s common shares owned by public are about 290.54M shares, out of which, 238.68M shares are available for trading.
Stock saw a price change of -3.29% in past 5 days and over the past one month there was a price change of -5.10%. Year-to-date (YTD), MAR shares are showing a performance of 0.79% which increased to 12.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $180.75 but also hit the highest price of $260.57 during that period. The average intraday trading volume for Marriott International, Inc. shares is 1.44 million. The stock is currently trading -5.86% below its 20-day simple moving average (SMA20), while that difference is down -4.82% for SMA50 and it goes to -1.55% lower than SMA200.
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Marriott International, Inc. (NASDAQ: MAR) currently have 290.54M outstanding shares and institutions hold larger chunk of about 60.64% of that.
The stock has a current market capitalization of $64.92B and its 3Y-monthly beta is at 1.60. PE ratio of stock for trailing 12 months is 23.46, while it has posted earnings per share of $9.69 in the same period. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MAR, volatility over the week remained 2.58% while standing at 2.04% over the month.
Stock’s fiscal year EPS is expected to drop by -5.38% while it is estimated to increase by 13.45% in next year. EPS is likely to shrink at an annualized rate of 6.65% for next 5-years, compared to annual growth of 13.58% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Susquehanna on June 21, 2024 offering a Neutral rating for the stock and assigned a target price of $255 to it. Coverage by Mizuho stated Marriott International, Inc. (MAR) stock as a Neutral in their note to investors on March 26, 2024, suggesting a price target of $263 for the stock. On December 05, 2023, Wells Fargo Resumed their recommendations, while on October 23, 2023, HSBC Securities Initiated their ratings for the stock with a price target of $233. Stock get a Mkt perform rating from Bernstein on August 14, 2023.
