Bernstein analyst Richard Clarke has maintained their bullish stance on MAR stock, giving a Buy rating on February 7.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Richard Clarke has given his Buy rating due to a combination of factors that highlight Marriott International’s strong performance and potential. The company reported a fourth-quarter EBITDA that exceeded expectations by 3%, showcasing its robust operational performance. This was primarily driven by a significant 5% growth in RevPAR, which surpassed both internal and competitor benchmarks, indicating strong demand and efficient operations.
Furthermore, Marriott’s gross fee revenue saw an impressive increase of 7.2%, outpacing its main competitor, Hilton, and demonstrating superior revenue-generating capabilities. Although there are some concerns regarding capital returns and a slightly conservative EPS guidance for FY25, the overall EBITDA growth outlook of 8% remains solid. These factors collectively underpin Clarke’s confidence in Marriott’s stock, justifying the Buy rating despite some minor areas of concern.
Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MAR in relation to earlier this year.