Shares of MCBC Holdings Inc (NASDAQ:MCFT) have received a consensus rating of “Hold” from the eight ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $27.00.

Several analysts have issued reports on MCFT shares. Robert W. Baird reaffirmed a “buy” rating on shares of MCBC in a research report on Friday, November 10th. B. Riley reaffirmed a “buy” rating and issued a $24.00 price objective on shares of MCBC in a research report on Friday, November 10th. Zacks Investment Research raised shares of MCBC from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Thursday, November 9th. Aegis started coverage on shares of MCBC in a research report on Monday, October 2nd. They issued a “buy” rating and a $26.00 price objective for the company. Finally, BidaskClub downgraded shares of MCBC from a “buy” rating to a “hold” rating in a research report on Thursday, December 14th.

Large investors have recently modified their holdings of the business. Chicago Equity Partners LLC grew its position in MCBC by 8.6% in the third quarter. Chicago Equity Partners LLC now owns 80,750 shares of the company’s stock valued at $1,646,000 after acquiring an additional 6,410 shares in the last quarter. Nationwide Fund Advisors grew its position in shares of MCBC by 222.1% during the second quarter. Nationwide Fund Advisors now owns 13,969 shares of the company’s stock worth $273,000 after buying an additional 9,632 shares in the last quarter. Rhumbline Advisers acquired a new stake in shares of MCBC during the second quarter worth approximately $371,000. Northern Trust Corp grew its position in shares of MCBC by 105.9% during the second quarter. Northern Trust Corp now owns 204,206 shares of the company’s stock worth $3,993,000 after buying an additional 105,026 shares in the last quarter. Finally, New York State Common Retirement Fund grew its position in shares of MCBC by 931.0% during the second quarter. New York State Common Retirement Fund now owns 59,809 shares of the company’s stock worth $1,169,000 after buying an additional 54,008 shares in the last quarter. 93.95% of the stock is owned by institutional investors.

MCBC (MCFT) traded up $0.76 during midday trading on Friday, reaching $22.00. 120,980 shares of the company traded hands, compared to its average volume of 182,583. MCBC has a 52-week low of $13.67 and a 52-week high of $23.99. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.78 and a quick ratio of 0.51. The stock has a market capitalization of $410.93 and a price-to-earnings ratio of 20.95.

MCBC (NASDAQ:MCFT) last issued its quarterly earnings data on Friday, November 10th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.40. MCBC had a net margin of 8.43% and a return on equity of 213.34%. The company had revenue of $65.00 million during the quarter, compared to the consensus estimate of $62.84 million. During the same quarter last year, the company earned $0.41 earnings per share. MCBC’s revenue for the quarter was up 7.1% on a year-over-year basis. sell-side analysts anticipate that MCBC will post 1.58 earnings per share for the current fiscal year.

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About MCBC

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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