MCBC (MCFT) Posts Earnings Results, Beats Estimates By $0.09 EPS

MCBC (NASDAQ:MCFT) issued its quarterly earnings results on Thursday. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09, Bloomberg Earnings reports. The business had revenue of $78.40 million for the quarter, compared to the consensus estimate of $74.65 million. MCBC had a return on equity of 213.34% and a net margin of 8.43%. The business’s quarterly revenue was up 53.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.26 earnings per share.

Shares of MCBC (NASDAQ MCFT) traded down $0.50 during mid-day trading on Thursday, hitting $22.25. The stock had a trading volume of 169,024 shares, compared to its average volume of 167,282. The firm has a market capitalization of $421.57, a P/E ratio of 21.46, a PEG ratio of 0.95 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 $24.89.

A number of equities analysts have recently issued reports on the company. ValuEngine raised MCBC from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. B. Riley reaffirmed a “buy” rating on shares of MCBC in a research report on Monday, January 29th. BidaskClub raised MCBC from a “sell” rating to a “hold” rating in a research report on Saturday, January 20th. Zacks Investment Research raised MCBC from a “sell” rating to a “hold” rating in a research report on Wednesday, January 17th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of MCBC in a research report on Friday, November 10th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $26.33.

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MCBC 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.

Earnings History for MCBC (NASDAQ:MCFT)

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