MasterCraft Boat Holdings, Inc. (MCFT) News
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Latest MCFT News From Around the Web
Below are the latest news stories about MasterCraft Boat Holdings Inc that investors may wish to consider to help them evaluate MCFT as an investment opportunity.
MasterCraft Boat's stock surges after B. Riley FBR analyst turns bullish, boosts price target by 60%
Shares of MasterCraft Boat Holdings Inc. surged 5.3% toward a 2-month high in premarket trading Monday, after the boat maker and seller was upgraded at B. Riley FBR, which cited improving demand and a much better dealer inventory position than expected in light of the COVID-19 pandemic. Analyst Eric Wold raised his rating to buy, after being at neutral since December 2018, and boosted his price target to $16 from $10. Wold said his checks indicate that retail demand for the boating industry has been strengthening week to week into the Memorial Day weekend, and he expects the summer selling season will show a significant improvement over last year. "Furthermore, we expect [MasterCraft] to benefit from improving demand for boating by families choosing to stay closer to home--which could ...
Q3 2020 Mastercraft Boat Holdings Inc Earnings Call
MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc.’s subsidiary (MCFT) again proved its position as the top innovator in the towboat category with its new X26 model. Announced this week online, Boating Industry honored MasterCraft with its Top Product Award for 2020.
Ladies and gentlemen, thank you for standing by, and welcome to the MasterCraft Boat Development Holdings, Inc. Q3 2020 earnings conference call. Thank you for joining us today as we discuss MasterCraft's third-quarter performance for fiscal 2020. Joining me on today's call are Fred Brightbill, chief executive officer and chairman; and George Steinbarger, our chief revenue officer.
MasterCraft Boat Holdings, Inc. (MCFT) delivered earnings and revenue surprises of -11.54% and -2.65%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
MasterCraft Boat Holdings, Inc. (MCFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
VONORE, Tenn., Feb. 25, 2020 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) today announced that Fred Brightbill,…
MasterCraft Boat (MCFT) stock may be a good choice for value-oriented investors right now from multiple angles.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mastercraft Boat (NASDAQ:MCFT) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday, Zacks.com reports. According to Zacks, “MasterCraft Boat Holdings Inc. designs, manufactures and markets recreational powerboats through its subsidiaries. The company’s operating segment consists of MasterCraft and NauticStar. It offers […]