- Marriott International’s annual profit margin percentage is increasing.
- The stock price of Marriott International has given a return of over 39% in a year.
- The target price for the MAR stock is $209.47 in the upcoming year.
Marriott International (NASDAQ: MAR) operates worldwide, and it provides hotels and accommodation facilities. The company was founded in 1971 in Bethesda, Maryland.
Trend Analysis
Marriott International (MAR) stock is currently trading in an uptrend. The price has recently hit an all-time high and is forming a pattern of higher highs.
MAR stock is currently trading at $191.76, experiencing a modest decline of 0.61% in today’s market session. This dip is attributed to a retracement following an all-time high.
Regarding financial performance, the quarterly profit margin percentage of the MAR stock has shown an increase. In 2020, the profit margin was -2.53%, which increased in 2021 to 7.93% and increased to 11.35% in 2022. The increasing earnings reveals that the stock is performing well.
Analysts project a target price of $209.47 for MAR stock in the upcoming year, representing a 9.27% increase from the current price.
The company’s dividend payout stands at 18.27%, with a payout ratio of 0.91%. MAR stock consistently provides timely dividends to its shareholders, contributing to its positive outlook. Additionally, the stock has a beta of 1.08, indicating a balanced level of volatility.
After forming a recent all-time high at $210.98, the stock has experienced a modest decline of approximately 5%. While this could be viewed as a retracement after the price surge, further monitoring is needed to determine if a trend reversal is in progress.
Marriott International (MAR) Stock Price Analysis
MAR by writer50_tcr on TradingView.com
Indicators’ Outlook
When examining Marriott Int. stock, it becomes evident that both the 50-day and 100-day EMAs are currently situated beneath the prevailing price level. This arrangement of the EMAs strongly suggests the potential for a price increase in the near future.
Additionally, the RSI line and the SMA line are presently position above the 50 level. This is encouraging news at the moment. However, if these lines begin to go below 50, it may indicate a shift in the trend.
Conclusion
The analysis indicates that Marriott Int. stock is moving in an uptrend. The price has recently hit an all-time high and is now showing signs of retracement. Additionally, base on the fundamentals, the company is strong and operations are well-manage. Hence, the price is likely to rise in the future but if the price keeps on falling, a shift in the trend can be observed in the upcoming days.
Technical Levels
- Support Level: $181
- Resistance Level:- $198
Disclaimer
The views and opinions of the author, or anyone named in this article, are for informational purposes only. They do not offer financial, investment, or other advice. Investing or trading crypto assets involves the risk of financial loss.