MasterCraft Boat Holdings Inc (NASDAQ: MCFT) has reported earnings for its first fiscal quarter (ending September 30) of $0.06 versus $0.50 for the same period a year ago — a decline of -88%. For the latest four quarters through September 30, E.P.S. were $0.15 compared to $4.26 a year ago — a decline of -96%.
Recent Price Action
On 11/6/24, MasterCraft Boat Holdings Inc (NASDAQ: MCFT) stock enjoyed a major increase of 25.0%, closing at $22.03. Moreover, trading volume in this advance was exceptionally high at 353% of normal. Relative to the market the stock has been weak over the last nine months but has risen 26.8% during the last week.
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 F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. MasterCraft Boat Holdings has a slightly negative Appreciation Score of 38 and a very low Power Rating of 7, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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