MasterCraft Boat Holdings Inc (NASDAQ: MCFT) has reported a loss for its fourth fiscal quarter (ending June 30) of $-0.49 versus $1.33 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.52 compared to $5.13 a year ago.
Recent Price Action
MasterCraft Boat Holdings Inc (NASDAQ: MCFT) stock closed at $18.66 on 8/29/24 after a large decline of -6.0%. Moreover, trading volume in this decline was above average at 148% of normal. The stock has declined -6.1% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
MCFT’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
MasterCraft Boat Holdings has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. MasterCraft Boat Holdings has a neutral Appreciation Score of 57 but a poor Power Rating of 15, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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