Marriott's most recent trend suggests a bearish bias. One trading opportunity on Marriott is a Bear Call Spread using a strike $100.00 short call and a strike $110.00 long call offers a potential 14.29% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $100.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $8.75 would be incurred if the stock rose above the $110.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Marriott is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Marriott is bearish.
The RSI indicator is at 44.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Marriott
Buy Marriott and Hilton Stocks, Analyst Says, Because They Are Cheap Enough
Mon, 22 Jun 2020 14:02:00 +0000
Hotel stocks have been clobbered by the coronavirus, as both business and leisure travel cratered amid the lockdowns. Barclays, though, is arguing that the big lodging chains have gotten too cheap.
Marriott International Announces Expiration and Results of its Debt Tender Offers
Mon, 22 Jun 2020 12:30:00 +0000
Marriott International, Inc. (NASDAQ: MAR) is announcing today the expiration and results of its previously announced offers to purchase for cash any and all of the Notes listed in the table below (the "Notes"). The offers to purchase with respect to each series of Notes are being referred to herein collectively as the "Offers" and each as an "Offer." Each Offer was made upon the terms and subject to the conditions set forth in the offer to purchase, dated June 15, 2020 (the "Offer to Purchase"), and its accompanying notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Tender Offer Documents"). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.
Marriott (VAC) Down 5.4% Since Last Earnings Report: Can It Rebound?
Sun, 21 Jun 2020 15:30:03 +0000
Marriott (VAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A Look Into Marriott's Price Over Earnings
Fri, 19 Jun 2020 14:45:17 +0000
Right now, Marriott Intl Inc. (NASDAQ: MAR) share price is at $92.53, after a 0.24% decrease. Over the past month, the stock spiked by 1.63%, but over the past year, it actually fell by 32.34%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.The stock is currently higher from its 52 week low by 98.72%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Lodging stocks, and capitalize on the lower share price observed over the year.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Depending on the particular phase of a business cycle, some industries will perform better than others.Compared to the aggregate P/E ratio of 24.82 in the Lodging industry, Marriott Intl Inc. has a higher P/E ratio of 33.12. Shareholders might be inclined to think that Marriott Intl Inc. might perform better than its industry group. It's also possible that the stock is overvalued.P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * Marriott: P/E Ratio Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
U.S. hotel occupancy back above 40% as 'drive-to' sites recover: STR
Thu, 18 Jun 2020 20:08:46 +0000
The numbers from STR, whose data is widely used in the industry, showed urban hotels are still struggling with the collapse in business travel and city stays triggered by coronavirus lockdowns instituted in March. The pandemic has forced major hotel operators including Hyatt Hotels Corp
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