Demystifying MasterCraft Boat Hldgs: Insights From 4 Analyst Reviews

Ratings for MasterCraft Boat Hldgs MCFT were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 2 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 1 1 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $23.5, along with a high estimate of $29.00 and a low estimate of $20.00. Observing a downward trend, the current average is 6.93% lower than the prior average price target of $25.25.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

The standing of MasterCraft Boat Hldgs among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Michael Swartz Truist Securities Raises Hold $22.00 $20.00
Joseph Altobello Raymond James Lowers Outperform $23.00 $25.00
Drew Crum Stifel Lowers Buy $29.00 $33.00
Michael Swartz Truist Securities Lowers Hold $20.00 $23.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to MasterCraft Boat Hldgs. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of MasterCraft Boat Hldgs compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of MasterCraft Boat Hldgs's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into MasterCraft Boat Hldgs's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on MasterCraft Boat Hldgs analyst ratings.

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All You Need to Know About MasterCraft Boat Hldgs

MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in three brand-specific segments. The MasterCraft segment generates the majority of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The NauticStar segment includes outboard boats for fishing and recreational boating. Its Crest boats are used for general recreational boating. the majority of the company's sales are made in North America.

MasterCraft Boat Hldgs's Economic Impact: An Analysis

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Challenges: MasterCraft Boat Hldgs's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -38.52%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: MasterCraft Boat Hldgs's net margin is impressive, surpassing industry averages. With a net margin of 5.94%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): MasterCraft Boat Hldgs's ROE excels beyond industry benchmarks, reaching 3.23%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): MasterCraft Boat Hldgs's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.8%, the company showcases efficient use of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.27.

Analyst Ratings: What Are They?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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