Alert: Negative Investment/Fundamental Signals (9/26/24)-MasterCraft Boat Holdings Inc (NASDAQ: MCFT)

out_logo_500#72620.jpg

MasterCraft Boat Holdings Inc (NASDAQ: MCFT) has recently experienced meaningful negative changes in fundamentals: the consensus estimate for June, 2025 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for June, 2026 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted MasterCraft Boat Holdings Inc (NASDAQ: MCFT): its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

out_mm#72620.jpg

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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. MasterCraft Boat Holdings has a slightly negative Appreciation Score of 35 and a very low Power Rating of 14, triggering the Lowest Value Trend Rating.

Recent Price Action

On 9/26/24, MasterCraft Boat Holdings Inc (NASDAQ: MCFT) stock enjoyed a large increase of 2.2%, closing at $18.05. However, trading volume in this advance was exceptionally low at 49% of normal. Relative to the market the stock has been weak over the last nine months but has risen 0.6% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*