MCBC (NASDAQ:MCFT) will release its earnings data after the market closes on Thursday, November 8th. Analysts expect MCBC to post earnings of $0.50 per share for the quarter.
MCBC (NASDAQ:MCFT) last announced its quarterly earnings results on Thursday, September 6th. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.15. The firm had revenue of $95.43 million during the quarter, compared to analyst estimates of $89.29 million. MCBC had a return on equity of 108.42% and a net margin of 11.92%. MCBC’s quarterly revenue was up 63.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 earnings per share. On average, analysts expect MCBC to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of NASDAQ MCFT opened at $29.68 on Thursday. The company has a quick ratio of 0.33, a current ratio of 0.73 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $553.92 million, a P/E ratio of 14.62, a PEG ratio of 0.75 and a beta of 1.05. MCBC has a 52-week low of $20.13 and a 52-week high of $39.50.
A number of brokerages recently issued reports on MCFT. BidaskClub lowered MCBC from a “buy” rating to a “hold” rating in a report on Thursday. ValuEngine lowered MCBC from a “buy” rating to a “hold” rating in a report on Friday, October 19th. SunTrust Banks boosted their price target on MCBC to $30.00 in a report on Thursday, October 11th. Wells Fargo & Co boosted their price target on MCBC from $36.00 to $41.00 and gave the company an “outperform” rating in a report on Monday, September 24th. They noted that the move was a valuation call. Finally, Raymond James boosted their price target on MCBC from $36.00 to $44.00 and gave the company a “strong-buy” rating in a report on Thursday, September 20th. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $40.33.
MCBC Company Profile
MCBC Holdings, Inc, through its subsidiaries, innovates, designs, manufactures, and markets sport boats and outboard boats in North America and internationally. The company's boats are used for water skiing, wakeboarding, wake surfing, and fishing, as well as general recreational boating. It also provides various accessories, such as trailers and aftermarket parts.
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