Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of MasterCraft Boat Holdings Inc (NASDAQ: MCFT) closed at $19.79 in the last session, down -1.44% from day before closing price of $20.08. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 0.54 million shares were traded. MCFT stock price reached its highest trading level at $20.13 during the session, while it also had its lowest trading level at $18.01.
Ratios:
We take a closer look at MCFT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on August 31, 2023, Downgraded its rating to Neutral and sets its target price to $23 from $37 previously.
On May 31, 2023, DA Davidson started tracking the stock assigning a Neutral rating and target price of $29.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 22 ’24 when Coliseum Capital Management, L bought 26,039 shares for $21.34 per share. The transaction valued at 555,672 led to the insider holds 2,357,406 shares of the business.
Coliseum Capital Management, L bought 107,083 shares of MCFT for $2,228,397 on Apr 18 ’24. The 10% Owner now owns 2,331,367 shares after completing the transaction at $20.81 per share. On Apr 12 ’24, another insider, Coliseum Capital Management, L, who serves as the 10% Owner of the company, bought 60,000 shares for $21.84 each. As a result, the insider paid 1,310,400 and bolstered with 2,224,284 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MCFT now has a Market Capitalization of 337098912 and an Enterprise Value of 284897792. As of this moment, MasterCraft’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.95, and their Forward P/E ratio for the next fiscal year is 9.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is 3.366.
Stock Price History:
Over the past 52 weeks, MCFT has reached a high of $31.70, while it has fallen to a 52-week low of $19.22. The 50-Day Moving Average of the stock is -8.49%, while the 200-Day Moving Average is calculated to be -11.24%.
Shares Statistics:
According to the various share statistics, MCFT traded on average about 128.26K shares per day over the past 3-months and 127070 shares per day over the past 10 days. A total of 17.31M shares are outstanding, with a floating share count of 16.42M. Insiders hold about 3.58% of the company’s shares, while institutions hold 97.66% stake in the company. Shares short for MCFT as of 1713139200 were 684687 with a Short Ratio of 5.34, compared to 1710460800 on 741749. Therefore, it implies a Short% of Shares Outstanding of 684687 and a Short% of Float of 4.1199997.
Earnings Estimates
At present, 7.0 analysts are actively evaluating the performance of MasterCraft Boat Holdings Inc (MCFT) in the stock market.On average, analysts expect EPS of $0.23 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.21, while EPS last year was $1.36. The consensus estimate for the next quarter is $0.53, with high estimates of $0.62 and low estimates of $0.48.
Analysts are recommending an EPS of between $1.7 and $1.55 for the fiscal current year, implying an average EPS of $1.6. EPS for the following year is $2.33, with 7.0 analysts recommending between $2.7 and $1.94.
Revenue Estimates
For the next quarter, 7 analysts are estimating revenue of $109.05M. There is a high estimate of $115.5M for the next quarter, whereas the lowest estimate is $103M.
A total of 7 analysts have provided revenue estimates for MCFT’s current fiscal year. The highest revenue estimate was $410.8M, while the lowest revenue estimate was $400M, resulting in an average revenue estimate of $405.59M. In the same quarter a year ago, actual revenue was $662.05MBased on 7 analysts’ estimates, the company’s revenue will be $456.76M in the next fiscal year. The high estimate is $481M and the low estimate is $425.2M.
