In the past 52-week period, shares of Marriott International, Inc. (NASDAQ:MAR) have moved within the range of $68.68 to $121.58. On the stock’s most recent trading day, the company’s shares ended the regular session at $121.98, which is -0.33% lower than its 52-week high.
Marriott International, Inc. (MAR) has demonstrated a 20-day simple moving average (SMA) of 4.62%, and a 50-day SMA of 10.58%. This public company’s current market capitalization stands at $44.71 billion.
Analyzing Consensus Estimates, Sales Revenue and Net Income
Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for Marriott International, Inc. (MAR) is Outperform.
When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Jun. 2017, Marriott International, Inc. (MAR) delivered a 3.33% surprise with its net revenue. Sales reached $5.8 billion during the three-month period, compared to the average analyst estimate of $5.61 billion.
Meanwhile, during the same quarter Marriott International, Inc. (MAR) delivered a 5.57% earnings surprise. Net earnings for the quarter were posted at $1.08 per share, whereas Wall Street had forecast $1.02 per share.
Ownership at Marriott International, Inc. (MAR), According to Most Recent SEC Filings
A public company’s latest 13F filings tell investors important details about institutional ownership. Marriott International, Inc. (MAR) has 0.37 billion shares outstanding currently, 66.75% of which belong to institutional investors. Those institutional holdings amount to $30.21 billion.
Additionally, according to the most recent 13F filing from Marriott International, Inc. (MAR), there were 87 new positions totaling 3,394,217 shares of the company’s stock. There were 48 sold out positions, on the other hand, totaling 2,965,811 shares.
Short, Medium and Long Term Indicators
Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. Marriott International, Inc. (MAR) has had a 20-day average volume of 2,219,790 shares, with an average of 100% of short term indicators pointed at Buy.
The stock’s 50-day average volume has been 2,216,450 shares, with an average of 100% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 2,203,872 shares with 100% of long-term indicators pointing to Buy.