Chart Of The Day: Marriot - Looks Like The No Vacancy Sign Is On

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Photo by Joshua Mayo on Unsplash
 

The Chart of the Day belongs to the lodging and hospitality company Marriot (MAR). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation.  Since the Trend Seeker signaled a buy on 6/30 the stock gained 6.10%.

(Click on image to enlarge)

MAR Price vs Daily Moving Averages

Marriott International, Inc. operates, franchises, and licenses hotel, residential, timeshare, and other lodging properties worldwide. The company operates through U.S. and Canada, and International segments. It operates its properties under the JW Marriott, The Ritz-Carlton, Ritz-Carlton Reserve, W Hotels, The Luxury Collection, St. Regis, EDITION, Bvlgari, Renaissance, Le Méridien, Marriott, Sheraton, Westin, Four Points, Delta Hotels by Marriott, Autograph Collection, Tribute Portfolio, Marriott Hotels, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, Design Hotels, Courtyard, Residence Inn, Fairfield, SpringHill Suites, TownePlace Suites, Protea Hotels, Aloft Hotels, AC Hotels by Marriott, Element Hotels, and Moxy Hotels brand names. It operates properties under 30 brand names in 138 countries and territories. Marriott International, Inc. was founded in 1927 and is headquartered in Bethesda, Maryland.

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
 

Barchart Technical Indicators:

  • 100% technical buy signals
  • 33.90+ Weighted Alpha
  • 29.07% gain in the last year
  • Trend Seeker buy signal
  • Above its 20, 50, and 100-day moving averages
  • 12 new highs and up 10.66% in the last month
  • Relative Strength Index 66.74%
  • The technical support level at $193.39
  • Recently traded at $194.90 with a 50-day moving average of $179.58
     

Fundamental Factors:

  • Market Cap $59.12 billion
  • P/E 25.47
  • Dividend yield 1.09%
  • Revenue is projected to grow 13.50% this year and another 4.80% next year
  • Earnings are estimated to increase 24.60% this year, an additional 9.60% next year, and compound at an annual rate of 16.30% for the next 5 years

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

  • Wall Street analyst gave 5 strong buy, 8 buy, and 11 hold and 1 sell opinions on the stock
  • Analysts price targets are $174 to $215
  • The individual investors following the stock on Motley Fool voted 489 to 149 for the stock to beat the market with the more experienced investors voting 100 to 14 for the same result
  • Value Line ranks the stock an above average 2 with a price target of $230 for a 20% gain
  • CFRAs MarketScope rates it a 3 star hold buy
  • 50,230 investors monitor the stock on Seeking Alpha

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Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the ...

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