- Marriott International (MAR, Financial) exceeds Q1 revenue and earnings predictions with a 4.1% rise in global RevPAR.
- Analysts forecast a potential 10.20% upside with a one-year price target of $272.50.
- GF Value suggests a potential 12.94% upside, estimating the stock's fair value at $279.27.
Marriott International (MAR) has posted impressive financial results for the first quarter, outpacing both revenue and earnings expectations. The company's global Revenue Per Available Room (RevPAR) increased by a notable 4.1%, contributing to an overall revenue boost of 4.7%, reaching $6.26 billion. Additionally, base management and franchise fees experienced a 7% increase. Marriott's strategic expansion added approximately 12,200 net rooms to its portfolio, and the company anticipates its second-quarter earnings per share (EPS) to range between $2.57 and $2.62.
Wall Street Analysts Forecast
Analysts have offered insights into Marriott International Inc's (MAR, Financial) future stock performance with a one-year average target price of $272.50. This forecast comes from 22 analysts, with the highest prediction at $330.00 and the lowest at $205.00. Compared to the current stock price of $247.27, this average target price suggests a potential upside of 10.20%. For more detailed projections and analysis, visit the Marriott International Inc (MAR) Forecast page.
Furthermore, the consensus rating from 27 brokerage firms places Marriott International Inc (MAR, Financial) at an average recommendation of 2.6, which corresponds to a "Hold" status on a scale where 1 represents a Strong Buy and 5 a Sell.
From a valuation perspective, the GF Value estimation by GuruFocus projects Marriott International Inc (MAR, Financial)'s fair value to be $279.27 in a year, indicating a potential 12.94% upside from the current price of $247.27. This GF Value is derived from historical trading multiples, past business growth, and forecasts of future business performance. For additional data and insights, explore the Marriott International Inc (MAR) Summary page.
