MAR

Marriott International

164.07
USD
1.82%
164.07
USD
1.82%
127.58 195.90
52 weeks
52 weeks

Mkt Cap 53.43B

Shares Out 325.66M

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Marriott International (MAR) Gains As Market Dips: What You Should Know

Marriott International (MAR) closed at $140.19 in the latest trading session, marking a +0.57% move from the prior day. This move outpaced the S&P 500's daily loss of 0.3%. Meanwhile, the Dow lost 0.2%, and the Nasdaq, a tech-heavy index, lost 0.11%. Coming into today, shares of the hotel company had lost 19.22% in the past month. In that same time, the Consumer Discretionary sector lost 0.5%, while the S&P 500 lost 0.62%. Wall Street will be looking for positivity from Marriott International as it approaches its next earnings report date. In that report, analysts expect Marriott International to post earnings of $1.55 per share. This would mark year-over-year growth of 96.2%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.08 billion, up 61.39% from the year-ago period. MAR's full-year Zacks Consensus Estimates are calling for earnings of $5.99 per share and revenue of $19.83 billion. These results would represent year-over-year changes of +87.77% and +43.07%, respectively. Investors should also note any recent changes to analyst estimates for Marriott International. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.33% higher. Marriott International is currently a Zacks Rank #2 (Buy). Investors should also note Marriott International's current valuation metrics, including its Forward P/E ratio of 23.27. This represents a premium compared to its industry's average Forward P/E of 21.73. The Hotels and Motels industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 78, putting it in the top 31% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab. See Stocks Now >> Click to get this free report Marriott International, Inc. (MAR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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