Robert W. Baird reaffirmed their buy rating on shares of MCBC Holdings, Inc. (NASDAQ:MCFT) in a research note issued to investors on Friday morning.

Several other equities analysts have also recently commented on MCFT. BidaskClub cut shares of MCBC Holdings from a strong-buy rating to a buy rating in a research note on Monday, July 24th. Zacks Investment Research raised shares of MCBC Holdings from a strong sell rating to a hold rating in a research note on Tuesday, August 29th. KeyCorp started coverage on shares of MCBC Holdings in a research note on Wednesday, August 30th. They set an overweight rating for the company. B. Riley reaffirmed a buy rating and set a $21.50 price objective on shares of MCBC Holdings in a research note on Friday, September 8th. Finally, TheStreet raised shares of MCBC Holdings from a d+ rating to a b- rating in a research note on Thursday, September 7th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of $25.00.

MCBC Holdings (NASDAQ:MCFT) opened at $21.49 on Friday. The firm has a market cap of $401.40, a PE ratio of 19.36, a PEG ratio of 0.88 and a beta of 1.27. The company has a debt-to-equity ratio of 2.62, a current ratio of 0.59 and a quick ratio of 0.27. MCBC Holdings has a 12 month low of $12.73 and a 12 month high of $23.42.

MCBC Holdings (NASDAQ:MCFT) last posted its earnings results on Friday, November 10th. The company reported $0.40 earnings per share for the quarter, hitting the consensus estimate of $0.40. The firm had revenue of $65.00 million during the quarter, compared to the consensus estimate of $62.84 million. MCBC Holdings had a net margin of 8.43% and a return on equity of 313.55%. The company’s revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company earned $0.41 earnings per share. equities research analysts expect that MCBC Holdings will post 1.62 EPS for the current fiscal year.

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A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in MCBC Holdings by 13.1% during the second quarter. Vanguard Group Inc. now owns 1,064,876 shares of the company’s stock valued at $20,818,000 after acquiring an additional 123,082 shares in the last quarter. Renaissance Technologies LLC lifted its position in MCBC Holdings by 32.6% during the second quarter. Renaissance Technologies LLC now owns 772,900 shares of the company’s stock valued at $15,110,000 after purchasing an additional 189,900 shares during the last quarter. Divisar Capital Management LLC lifted its position in MCBC Holdings by 18.3% during the second quarter. Divisar Capital Management LLC now owns 705,100 shares of the company’s stock valued at $13,785,000 after purchasing an additional 108,912 shares during the last quarter. Wells Fargo & Company MN lifted its position in MCBC Holdings by 7.0% during the third quarter. Wells Fargo & Company MN now owns 529,091 shares of the company’s stock valued at $10,783,000 after purchasing an additional 34,401 shares during the last quarter. Finally, Hood River Capital Management LLC lifted its position in MCBC Holdings by 2.2% during the third quarter. Hood River Capital Management LLC now owns 426,876 shares of the company’s stock valued at $8,700,000 after purchasing an additional 9,147 shares during the last quarter. 93.38% of the stock is owned by institutional investors.

About MCBC Holdings

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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