3 days Ago By ABMN Staff
Shares of MasterCraft Boat Holdings, Inc. ( NASDAQ:MCFT – Get Free Report ) have received a consensus rating of “Hold” from the five analysts that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company.
The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $19.20. Several research firms have recently weighed in on MCFT.
Truist Financial reissued a “hold” rating and set a $15.00 price target on shares of MasterCraft Boat in a report on Friday, August 30th. B.
Riley dropped their target price on MasterCraft Boat from $22.00 to $19.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 10th.
Stifel Nicolaus reaffirmed a “buy” rating and set a $22.00 price target on shares of MasterCraft Boat in a research report on Friday, August 30th. DA Davidson lowered their price objective on shares of MasterCraft Boat from $20.
00 to $17.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 10th. Finally, StockNews.
com lowered shares of MasterCraft Boat from a “hold” rating to a “sell” rating in a research report on Monday, September 2nd. Get Our Latest Analysis on MCFT Insider Activity at MasterCraft Boat Institutional Trading of MasterCraft Boat Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Systematic Financial Management LP grew its holdings in MasterCraft Boat by 2.
8% during the 2nd quarter. Systematic Financial Management LP now owns 963,173 shares of the company’s stock valued at $18,185,000 after buying an additional 26,077 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in MasterCraft Boat by 13.
1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 714,208 shares of the company’s stock valued at $13,484,000 after acquiring an additional 82,509 shares during the last quarter. Wellington Management Group LLP lifted its stake in MasterCraft Boat by 11.
2% in the 4th quarter. Wellington Management Group LLP now owns 590,100 shares of the company’s stock worth $13,360,000 after purchasing an additional 59,200 shares in the last quarter. American Century Companies Inc.
boosted its holdings in shares of MasterCraft Boat by 14.8% during the 2nd quarter. American Century Companies Inc.
now owns 395,570 shares of the company’s stock valued at $7,468,000 after purchasing an additional 51,016 shares during the last quarter. Finally, Wasatch Advisors LP grew its position in shares of MasterCraft Boat by 34.2% during the first quarter.
Wasatch Advisors LP now owns 381,471 shares of the company’s stock valued at $9,048,000 after purchasing an additional 97,170 shares in the last quarter. Institutional investors own 97.64% of the company’s stock.
MasterCraft Boat Stock Up 4.2 % MCFT stock opened at $18.11 on Friday.
The stock has a market capitalization of $300.81 million, a P/E ratio of 8.16 and a beta of 1.
61. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.
99 and a quick ratio of 1.42. MasterCraft Boat has a 1-year low of $16.
23 and a 1-year high of $24.05. The business has a fifty day moving average price of $19.
32 and a 200-day moving average price of $20.34. MasterCraft Boat ( NASDAQ:MCFT – Get Free Report ) last released its quarterly earnings data on Thursday, August 29th.
The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.
18. The company had revenue of $67.20 million during the quarter, compared to the consensus estimate of $63.
10 million. MasterCraft Boat had a return on equity of 9.44% and a net margin of 2.
13%. MasterCraft Boat’s revenue for the quarter was down 59.7% on a year-over-year basis.
During the same period last year, the company earned $1.33 EPS. Equities analysts forecast that MasterCraft Boat will post 0.
49 earnings per share for the current fiscal year. MasterCraft Boat Company Profile ( Get Free Report MasterCraft Boat Holdings, Inc, through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through MasterCraft, Crest, and Aviara segments.
The MasterCraft segment produces premium recreational performance sport boats primarily used for water skiing, wakeboarding, wake surfing, and general recreational boating. Further Reading Receive News & Ratings for MasterCraft Boat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MasterCraft Boat and related companies with MarketBeat.com's FREE daily email newsletter .
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