Last Updated: 18 Sep 2024
Executive Summary
Marriott International Inc. (MAR) is a global hospitality company with a portfolio of over 8,000 properties in 139 countries. The company operates under various brands, including Marriott, Ritz-Carlton, Sheraton, and Westin. MAR has a strong financial position with a market capitalization of $66.3 billion, EBITDA of $4.27 billion, and a trailing PE ratio of 23.58. The company pays an annual dividend of $2.19 per share, which yields 0.0107%.
Company Overview
MAR was founded in 1927 and is headquartered in Bethesda, Maryland. The company operates in the real estate and construction sector and the hotels and motels industry. MAR's business model involves franchising, licensing, and operating lodging properties. The company's target market includes business and leisure travelers, as well as group events.
Fundamental Analysis
MAR's financial performance has been strong in recent years. The company's revenue has grown by 5.7% over the past year, and its earnings per share have increased by 13%. MAR's profit margin is 45.4%, and its operating margin is 70.3%. The company has a strong balance sheet with $12.4 billion in cash and equivalents and $10.3 billion in debt.
Technical Analysis
MAR's stock price has been trading in a range between $229.8 and $235.63 over the past 50 days. The stock is currently trading at $235.61, which is above its 50-day moving average. The stock's relative strength index (RSI) is 52.3, which indicates that the stock is neither overbought nor oversold.
Short Term Outlook
In the short term, MAR's stock price is expected to continue to trade in a range. The company's strong financial performance and positive analyst sentiment are likely to support the stock price. However, the stock's high valuation and the potential for a recession could limit its upside potential.
Long Term Outlook
In the long term, MAR's stock price is expected to grow. The company's strong brand recognition, global presence, and loyal customer base are likely to drive growth in the years to come. The company's expansion into new markets and its focus on innovation are also expected to contribute to its long-term success.
Analyst Recommendations
The majority of analysts have a hold rating on MAR's stock. However, two analysts have a strong buy rating and four analysts have a buy rating. The average analyst target price is $244.55, which implies an upside potential of 3.8%.
