Marriott International (MAR) closed the most recent trading day at $140.14, moving -0.26% from the previous trading session. This change was narrower than the S&P 500's 1.51% loss on the day. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%.
Heading into today, shares of the hotel company had lost 8.73% over the past month, outpacing the Consumer Discretionary sector's loss of 11.94% and the S&P 500's loss of 9.52% in that time.
Wall Street will be looking for positivity from Marriott International as it approaches its next earnings report date. The company is expected to report EPS of $1.68, up 69.7% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales 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. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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 0.19% higher. Marriott International is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Marriott International has a Forward P/E ratio of 21.65 right now. This represents a premium compared to its industry's average Forward P/E of 19.37.
Meanwhile, MAR's PEG ratio is currently 0.54. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Hotels and Motels was holding an average PEG ratio of 0.54 at yesterday's closing price.
The Hotels and Motels industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 72, which puts it in the top 29% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Marriott International, Inc. (MAR) : Free Stock Analysis Report
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