MCBC Holdings (MCFT) Getting Somewhat Positive Press Coverage, Report Finds
News articles about MCBC Holdings (NASDAQ:MCFT) have been trending somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MCBC Holdings earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.2679953640032 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- MCBC Holdings Inc : Earnings Review and Free Research Report: MCBC Holdings’ Net Sales Jumped 9.3%; Net Income Surged 31% (4-traders.com)
- $63.41 Million in Sales Expected for MCBC Holdings, Inc. (MCFT) This Quarter (americanbankingnews.com)
- $0.41 Earnings Per Share Expected for MCBC Holdings, Inc. (MCFT) This Quarter (americanbankingnews.com)
- Earnings Review and Free Research Report: REV Group’s Adjusted Diluted EPS Increased 6.4% (finance.yahoo.com)
- ETFs with exposure to MCBC Holdings, Inc. : September 26, 2017 (finance.yahoo.com)
Shares of MCBC Holdings (MCFT) traded down 0.24% on Friday, hitting $20.38. The company’s stock had a trading volume of 87,282 shares. MCBC Holdings has a 1-year low of $10.84 and a 1-year high of $20.87. The firm has a market cap of $379.82 million, a PE ratio of 19.41 and a beta of 1.15. The company has a 50 day moving average of $18.48 and a 200 day moving average of $18.48.
MCBC Holdings (NASDAQ:MCFT) last announced its quarterly earnings results on Thursday, September 7th. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The business had revenue of $58.30 million for the quarter, compared to analysts’ expectations of $56.89 million. MCBC Holdings had a return on equity of 443.78% and a net margin of 8.56%. The business’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.30 EPS. Equities analysts forecast that MCBC Holdings will post $1.45 EPS for the current year.
Several research analysts have commented on the company. B. Riley reaffirmed a “buy” rating and set a $21.50 price target on shares of MCBC Holdings in a research report on Wednesday, September 13th. ValuEngine upgraded MCBC Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. BidaskClub downgraded MCBC Holdings from a “buy” rating to a “hold” rating in a research note on Sunday, July 30th. TheStreet upgraded MCBC Holdings from a “d+” rating to a “b-” rating in a research note on Thursday, September 7th. Finally, KeyCorp started coverage on MCBC Holdings in a research note on Wednesday, August 30th. They issued an “overweight” rating on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $18.25.
MCBC Holdings Company Profile
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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