Analyst Estimates

Analysts Alert on Price Target: Marriott International Inc (NASDAQ:MAR)

Marriott International Inc (NASDAQ:MAR) plunged -0.58% during previous trade, a total of 2.03M shares exchanged hands compared with its average trading volume of 2.64M shares whereas its relative volume is 0.82. The stock has a market capitalization of $35.01B along with 382.42M outstanding shares. Stock’s intraday price range hit the peak level of $92.42 and touched the lowest level of $91.18.

Most recently Marriott International Inc (NASDAQ:MAR)’s price target was revised on 03/22/17and according to 22 analysts stock’s price will reach at $96.23 during 52 weeks with standard deviation of 6.55. Stock’s minimum price target estimates has been figured out at $86 while the maximum price target forecast is established at $106, if we look at the price target with an optimistic approach it has upside potential of 15% from its latest closing price of $91.49.

Historically, if we look at price target revisions, two weeks ago Marriott International Inc (NASDAQ:MAR)’s price target was revised on 03/22/17 by the analysts, however the bullish price estimates of the stock set at $102 while the bearish estimates kept at $80 over the next one year. Stock’s 52-week target was retained at $90.23, the estimates indicates a standard deviation of 6.55.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.30. ABR value is precisely based on brokerage recommendations, where out of 15 brokerage recommendations 4 rate Marriott International Inc (NASDAQ:MAR) stock a Strong Buy, 2 rate the stocks of the company a Buy, 9 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 2/21/17 the stock of Marriott International Inc (NASDAQ:MAR) downgraded by SunTrust from Buy to Hold. However previously on 12/5/16 it was upgraded by MKM Partners from Neutral to Buy. A research note issued on 9/26/16 the stock was upgraded by Morgan Stanley from Equal-Weight to Overweight.

Marriott International Inc (NASDAQ:MAR) performance over the past one year soared 37.11% whereas its year to date (YTD) performance indicated a bullish trend of 11.03%. During the last six months the stock climbed 37.72%. Quarterly performance of the company shows optimistic momentum of 10.61% while its last one month trend is positive with 3.17%. Stock’s weekly performance expressed up trend of 0.10%.

The company’s price sits 2.44% above from its 50-day moving average of $90.20 and 17.57% far from the stock’s 200-day moving average which is $81.88. Marriott International Inc (NASDAQ:MAR)’s shares are currently trading -4.12% away from the 52-week high price of $95.42 and +52.06% far from the 52-week low price of $60.17.

According to consensus agreement of 24 analysts Marriott International Inc (NASDAQ:MAR) will report earnings per share of $0.91 in their quarterly report and it is expected to announce the company’s results on 5/8/17 After Market Close. For the current quarter the company has high EPS estimates of $1 in contradiction of low EPS estimates of $0.8. However a year ago for the same quarter the company has reported $0.87 EPS. Current year EPS projections for Marriott International Inc (NASDAQ:MAR) set at $3.94 according to the sentiments of 27 analysts, while its lowest earnings estimates are $3.8 and highest earnings estimates are $4.16.

According to 13 analysts, Marriott International Inc (NASDAQ:MAR)’s revenue estimates for the current quarter are $5.2B meanwhile the company has high revenue estimates of $6.38B in contradiction of low revenue estimates of $4.31B. For the current year the company’s revenue estimates are $21.51B compared to low analyst estimates of $18.91B and high estimates of $23.38B according to the projection of 15 analysts.

Previous ArticleNext Article
0 Shares
Share
Tweet
Share
Pin
Stumble
+1