Seeking Alpha
Long/short equity, contrarian, short-term horizon, dividend investing
Profile| Send Message|
( followers)  

Marriott International, Inc. (NASDAQ:MAR)

Who They Are:
Marriott operates and franchises hotels and trades an average of 2.5 million shares per day with a market cap of $13.1 billion.

52 Week High: $40.09
52 Week Low: $26.04
Book Value: $-2.55

Marriott is anticipated to report good second quarter earnings after the market closes on July 11, 2012. The consensus estimate is currently 42 cents a share, an improvement of 5 cents (11.9 percent) from 37 cents during the same period last year.

Analysts approve the direction MAR is headed. Twelve of the 18 analysts covering the company give a "buy" recommendation. six analysts rate it a "hold" and none recommend "selling." The stock has appreciated 5.4 percent in the last year, and the average analyst target price for MAR is $42.33.

The trailing twelve month price-to-earnings ratio is 27.9, the mean fiscal year estimate price-to-earnings ratio is 23.98, based on earnings of $1.65 per share this year. Investors are receiving 52 cents in dividends for a yield of 1.31 percent.

In the last month the stock has climbed 5.43%, and the trend lines clearly put Marriott in a bullish trend.

Management has provided an improvement of year-over-year revenue. Revenue reported was $11.69 billion last fiscal year compared to $10.91 billion in the previous year. The bottom line has rising earnings year-over-year of $458.00 million last fiscal year compared to $-346.00 million in the previous year.

Float Short: 7.96%

The short interest is elevated and should be considered a red flag. Short sellers are generally the "smart money' and I tend to pay close attention to rises and declines in short interest. Short interest was higher in only three of the 24 reporting periods in the last year.

MAR missed earnings three in the last four quarters, the average miss was -0.01, and the one surprise beat was for 0.02 cents (7.41%) per share.

Earnings History

Mar, 2011

Jun, 2011

Sep, 2011

Dec, 2011

EPS Estimate

0.27

0.37

0.27

0.47

EPS Actual

0.26

0.37

0.29

0.46

Difference

-0.01

0.00

0.02

-0.01

Surprise %

-3.70%

0.00%

7.41%

-2.13%

Mar, 2012

0.29

0.30

0.01

3.45%

Robert Weinstein uses information believed to be correct, but is not guaranteed and is not independently checked for accuracy You may wish to use this article as a starting point of your own research with your financial planner. Seeking Alpha, Edgar Online, Zacks and Yahoo Finance provides most of the data. paid2trade.com uses the "confirmed" symbols from earnings.com that believed to be of the most interest.

Source: Marriott Reports Second Quarter Results Wednesday