Arctic Cat (ACAT) Set to Announce Quarterly Earnings on Thursday
Arctic Cat (NASDAQ:ACAT) is set to issue its Q414 quarterly earnings data on Thursday, May 15th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $154.20 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Shares of Arctic Cat (NASDAQ:ACAT) opened at 40.34 on Wednesday. Arctic Cat has a 52-week low of $37.76 and a 52-week high of $61.13. The stock has a 50-day moving average of $43.72 and a 200-day moving average of $49.29. The company has a market cap of $530.2 million and a P/E ratio of 15.50.
On the ratings front, analysts at Zacks upgraded shares of Arctic Cat from an “underperform” rating to a “neutral” rating in a research note on Wednesday, March 26th. They now have a $49.50 price target on the stock. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $46.45.
Arctic Cat Inc designs, engineers, manufacture and market snowmobiles and all-terrain vehicles (NASDAQ:ACAT) under the Arctic Cat brand name, as well as related parts, garments and accessories (PG&A).
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