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Marriott International (MAR) Outpaces Stock Market Gains: What You Should Know
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Marriott International (MAR - Free Report) closed at $149.99 in the latest trading session, marking a +1.45% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.14%. At the same time, the Dow added 1.12%, and the tech-heavy Nasdaq gained 0.04%.
Marriott International will be looking to display strength as it nears its next earnings release, which is expected to be November 3, 2022. The company is expected to report EPS of $1.68, up 69.7% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $5.27 billion, up 33.46% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $6.49 per share and revenue of $20.34 billion. These totals would mark changes of +103.45% and +46.78%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Marriott International. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Marriott International is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Marriott International's current valuation metrics, including its Forward P/E ratio of 22.78. This valuation marks a premium compared to its industry's average Forward P/E of 20.79.
Also, we should mention that MAR has a PEG ratio of 0.57. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MAR's industry had an average PEG ratio of 0.64 as of yesterday's close.
The Hotels and Motels industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 134, which puts it in the bottom 47% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.
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Marriott International (MAR) Outpaces Stock Market Gains: What You Should Know
Marriott International (MAR - Free Report) closed at $149.99 in the latest trading session, marking a +1.45% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.14%. At the same time, the Dow added 1.12%, and the tech-heavy Nasdaq gained 0.04%.
Marriott International will be looking to display strength as it nears its next earnings release, which is expected to be November 3, 2022. The company is expected to report EPS of $1.68, up 69.7% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $5.27 billion, up 33.46% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $6.49 per share and revenue of $20.34 billion. These totals would mark changes of +103.45% and +46.78%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Marriott International. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Marriott International is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Marriott International's current valuation metrics, including its Forward P/E ratio of 22.78. This valuation marks a premium compared to its industry's average Forward P/E of 20.79.
Also, we should mention that MAR has a PEG ratio of 0.57. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MAR's industry had an average PEG ratio of 0.64 as of yesterday's close.
The Hotels and Motels industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 134, which puts it in the bottom 47% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.