Surf Cat

Mastercraft Boat (NASDAQ:MCFT) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.42 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Mastercraft Boat (NASDAQ:MCFT) last announced its earnings results on Thursday, September 12th. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.06. The business had revenue of $122.81 million during the quarter, compared to the consensus estimate of $126.21 million. Mastercraft Boat had a net margin of 4.58% and a return on equity of 73.50%. The business’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 earnings per share. On average, analysts expect Mastercraft Boat to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of MCFT stock opened at $16.37 on Wednesday. The company has a market capitalization of $292.68 million, a PE ratio of 5.95, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The firm has a fifty day simple moving average of $15.05 and a 200-day simple moving average of $18.40. The company has a current ratio of 0.79, a quick ratio of 0.35 and a debt-to-equity ratio of 1.45. Mastercraft Boat has a twelve month low of $13.33 and a twelve month high of $33.67.

MCFT has been the subject of several analyst reports. Raymond James downgraded shares of Mastercraft Boat from a “strong-buy” rating to a “market perform” rating in a research note on Monday, July 22nd. BidaskClub upgraded shares of Mastercraft Boat from a “hold” rating to a “buy” rating in a research note on Wednesday, October 30th. Zacks Investment Research downgraded shares of Mastercraft Boat from a “hold” rating to a “sell” rating in a research note on Saturday, July 20th. SunTrust Banks decreased their target price on shares of Mastercraft Boat from $18.00 to $15.00 and set a “hold” rating for the company in a research note on Friday, September 13th. Finally, ValuEngine upgraded shares of Mastercraft Boat from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Mastercraft Boat presently has an average rating of “Hold” and a consensus price target of $23.50.

About Mastercraft Boat

MasterCraft Boat Holdings, Inc, through its subsidiaries, designs, manufactures, and markets recreational powerboats. The company operates in two segments, MasterCraft and NauticStar. It offers sport boats and outboard boats, which are used for water skiing, wakeboarding, wake surfing, and fishing, as well as general recreational boating.

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