MARRIOTT INTERNATION

MAR
Real-time BATS EXCHANGE - 05/26 08:47:45 am
96.505USD
+5.99%

Marriott International., Inc. : A pullback can be expected

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David Meurisse
Contributor / Partner

Strategy published on : 05/20/2020 | 09:58

short sell
Live

Entry price : 91.975$
Target : 70.8$
Stop-loss : 100.9$
Potential : 23.02%

Close to the technical resistance level of the current trading range, stocks in Marriott International., Inc. should consolidate over the coming trading sessions and move back towards their support based on daily closing prices in the short term.
Investors should open a short trade and target the $ 70.8.

Summary

● In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.

● For a short-term investment strategy, the company has poor fundamentals.

Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at USD 94.18.

● According to forecast, a sluggish sales growth is expected for the next fiscal years.

● One of the major weak points of the company is its financial situation.

● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

● The company's earnings releases usually do not meet expectations.

● With an expected P/E ratio at 92.16 and 23.32 respectively for both the current and next fiscal years, the company operates with high earnings multiples.

● The company is not the most generous with respect to shareholders' compensation.

● The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.

● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.

● Analysts covering the stock have recently lowered their earnings forecast.

● For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.

● For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.

● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 94.18 USD

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