Headlines about MCBC Holdings (NASDAQ:MCFT) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. MCBC Holdings earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.1888067932321 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- MCBC Holdings, Inc. :MCFT-US: Earnings Analysis: 2017 By the Numbers : September 11, 2017 (finance.yahoo.com)
- MCBC Holdings, Inc. (MCFT) Given Consensus Recommendation of “Buy” by Analysts (americanbankingnews.com)
- MCBC Holdings, Inc. (MCFT) Upgraded by TheStreet to “B-“ (americanbankingnews.com)
- $64.56 Million in Sales Expected for MCBC Holdings, Inc. (MCFT) This Quarter (americanbankingnews.com)
- MCBC Holdings, Inc. (MCFT) Receives Buy Rating from B. Riley (americanbankingnews.com)
A number of brokerages have recently weighed in on MCFT. Zacks Investment Research lowered shares of MCBC Holdings from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 12th. B. Riley reaffirmed a “buy” rating and set a $21.00 target price on shares of MCBC Holdings in a research note on Saturday, July 1st. BidaskClub lowered shares of MCBC Holdings from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. ValuEngine raised shares of MCBC Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Finally, TheStreet raised shares of MCBC Holdings from a “d+” rating to a “b-” rating in a research note on Thursday, September 7th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $18.25.
MCBC Holdings (NASDAQ MCFT) traded down 0.38% during midday trading on Tuesday, reaching $18.21. 83,934 shares of the company traded hands. MCBC Holdings has a one year low of $10.44 and a one year high of $20.22. The company has a 50 day moving average price of $18.00 and a 200-day moving average price of $17.59. The stock has a market capitalization of $339.40 million, a P/E ratio of 18.83 and a beta of 1.15.
MCBC Holdings (NASDAQ:MCFT) last posted its quarterly earnings results on Thursday, September 7th. The company reported $0.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.02. The company had revenue of $58.30 million for the quarter, compared to the consensus estimate of $56.89 million. MCBC Holdings had a net margin of 8.56% and a return on equity of 932.25%. The firm’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.30 EPS. Analysts forecast that MCBC Holdings will post $1.45 EPS for the current fiscal year.
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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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