Marriott International Inc. (NASDAQ: MAR) stock fell -5.63% on Friday to $148.17 against a previous-day closing price of $157.01. With 3.26 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.03 million shares. During the session, the Lodging company that operates in wider Consumer Cyclical sector, reached to the highest price of $156.41 whereas the lowest price it dropped to was $148.15. The 52-week range on MAR shows that it touched its highest point at $195.90 and its lowest point at $131.01 during that stretch. It currently has a 1-year price target of $173.18. With its current market cap of 50.44 billion, MAR has annualized dividend of $1.20 while the current yield stands at 0.81%. Beta for the stock currently stands at 1.60.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MAR was down-trending over the past week, with a drop of -8.84%, but this was down by -6.17% over a month. Three-month performance surged to 8.58% while six-month performance fell -13.13%. The stock gained 4.34% in the past year, while it has lost -10.33% so far this year. A look at the trailing 12-month EPS for MAR yields 5.29 with Next year EPS estimates of 7.61. For the next quarter, that number is 1.67. This implies an EPS growth rate of 507.20% for this year and 16.88% for next year. EPS is expected to grow by 41.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.10%.
Float and Shares Shorts:
At present, 328.20 million MAR shares are outstanding with a float of 263.80 million shares on hand for trading. On Jul 14, 2022, short shares totaled 6.36 million, which was 1.94% higher than short shares on Jun 14, 2022. In addition to Mr. Anthony G. Capuano Jr. as the firm’s CEO & Director, Ms. Stephanie Coleman Linnartz serves as its Pres.
Through their ownership of 61.49% of MAR’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 34.67% of MAR, in contrast to 27.19% held by mutual funds. Shares owned by individuals account for 17.53%. As the largest shareholder in MAR with 6.58% of the stake, The Vanguard Group, Inc. holds 21,353,698 shares worth 21,353,698. A second-largest stockholder of MAR, Fidelity Management & Research Co, holds 11,552,242 shares, controlling over 3.56% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in MAR, holding 11,172,410 shares or 3.44% stake. With a 2.69% stake in MAR, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 8,722,852 shares are owned by the mutual fund manager. The Vanguard 500 Index Fund, which owns about 1.89% of MAR stock, is the second-largest Mutual Fund holder. It holds 6,136,340 shares valued at 943.4 million. Invesco QQQ Trust holds 1.45% of the stake in MAR, owning 4,713,205 shares worth 724.61 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MAR since 20 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 10 believe that the stock is worth HOLDING, 3 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MAR analysts setting a high price target of $190.00 and a low target of $151.00, the average target price over the next 12 months is $171.53. Based on these targets, MAR could surge 28.23% to reach the target high and rise by 1.91% to reach the target low. Reaching the average price target will result in a growth of 15.77% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. MAR will report FY 2022 earnings on 02/15/2023. Analysts have provided yearly estimates in a range of $6.81 being high and $6.26 being low. For MAR, this leads to a yearly average estimate of $6.50. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Marriott International Inc. surprised analysts by $0.23 when it reported $1.80 EPS against a consensus estimate of $1.57. The surprise factor in the prior quarter was $0.35. Based on analyst estimates, the high estimate for the next quarter is $1.72 and the low estimate is $1.60. The average estimate for the next quarter is thus $1.67.
Dividends & Yield:
In terms of dividends, MAR has a current ratio of $1.2, which is $1.2 over the trailing 12-months, while a dividend of $1.38 is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and MAR currently yields $0.4. In the past year, MAR’s dividend yield has been $0.4, but when looking at the stock over the past five years, its yield has been $1.18. Accordingly, MAR has a current buyback yield of $0.62. This was $0.62 for the TTM, and it was $5.01 for the past five years.
Summary of Insider Activity:
Insiders traded MAR stock several times over the past three months with 2 Buys and 0 Sells. In these transactions, 206 shares were bought while 0 shares were sold. The number of buy transactions has increased to 47 while that of sell transactions has risen to 57 over the past year. The total number of shares bought during that period was 207,928 while 2,687,658 shares were sold.