MCBC (NASDAQ:MCFT) will be issuing its quarterly earnings data after the market closes on Thursday, November 8th. Analysts expect the company to announce earnings of $0.50 per share for the quarter.
MCBC (NASDAQ:MCFT) last posted its quarterly earnings data on Thursday, September 6th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.15. The firm had revenue of $95.43 million for the quarter, compared to the consensus estimate of $89.29 million. MCBC had a net margin of 11.92% and a return on equity of 108.42%. The business’s revenue for the quarter was up 63.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.35 EPS. On average, analysts expect MCBC to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
MCFT opened at $30.67 on Tuesday. The company has a current ratio of 0.73, a quick ratio of 0.33 and a debt-to-equity ratio of 1.33. The firm has a market cap of $582.57 million, a price-to-earnings ratio of 15.11, a PEG ratio of 0.79 and a beta of 1.31. MCBC has a 1 year low of $20.13 and a 1 year high of $39.50.
A number of research firms have recently commented on MCFT. ValuEngine upgraded MCBC from a “hold” rating to a “buy” rating in a research note on Friday, September 7th. Zacks Investment Research upgraded MCBC from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a research note on Wednesday, September 19th. BidaskClub upgraded MCBC from a “sell” rating to a “hold” rating in a research note on Tuesday, July 24th. Robert W. Baird lifted their target price on MCBC from $38.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 11th. Finally, B. Riley lifted their target price on MCBC from $28.00 to $36.50 and gave the stock a “buy” rating in a research note on Friday, September 7th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $40.33.
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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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