Marcus Corp. (MCS) PT Raised to $45 at Benchmark

February 22, 2019 9:20 AM EST
Get Alerts MCS Hot Sheet
Price: $16.07 -2.25%

Rating Summary:
    4 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
Trade Now! 
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Benchmark analyst Mike Hickey raised the price target on Marcus Corp. (NYSE: MCS) to $45.00 (from $40.00) while maintaining a Buy rating following the company's 4Q report. Sales were $113M (Benchmark: $105M) or up 6.5% y/y; admissions and concessions sales were up 1% and 8%, respectively.

On 02/01, MCS completed the acquisition of the Movie Tavern circuit, adding 22 theaters over 208 screens and expanding their network by 23%. For fiscal 2018, Movie Tavern generated an estimated $145M to $150M in sales over a 10% to 15% EBITDA margin.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities

Definitive Agreement