MCBC (NASDAQ:MCFT) announced its quarterly earnings data on Thursday. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09, Bloomberg Earnings reports. MCBC had a net margin of 8.43% and a return on equity of 213.34%. The company had revenue of $78.40 million during the quarter, compared to analyst estimates of $74.65 million. During the same period in the previous year, the business earned $0.26 EPS. The firm’s revenue for the quarter was up 53.4% on a year-over-year basis.
Shares of MCBC (NASDAQ:MCFT) traded up $4.21 on Friday, reaching $26.46. 84,041 shares of the company’s stock were exchanged, compared to its average volume of 163,382. The stock has a market cap of $424.93, a price-to-earnings ratio of 20.50, a PEG ratio of 0.96 and a beta of 1.25. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.51 and a current ratio of 0.78. MCBC has a 1-year low of $13.94 and a 1-year high of $26.46.
A number of brokerages recently weighed in on MCFT. BidaskClub upgraded shares of MCBC from a “hold” rating to a “buy” rating in a report on Friday, January 26th. B. Riley restated a “buy” rating on shares of MCBC in a report on Monday, January 29th. ValuEngine lowered shares of MCBC from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded shares of MCBC from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research note on Thursday, November 9th. Finally, Robert W. Baird reiterated a “buy” rating on shares of MCBC in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $26.33.
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MCBC Holdings, Inc (MCBC) is a holding company. The Company is a designer and manufacturer of inboard tournament ski boats and V-drive runabouts under the MasterCraft brand. The Company operates through two segments: MasterCraft and Hydra-Sports. The MasterCraft product brand consists of recreational performance boats primarily used for water skiing, wakeboarding and wake surfing, and general recreational boating.
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