27-Mar-2024
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MasterCraft Boat Holdings, Inc. Initiates Leadership Succession Plan
Globe Newswire (Mon, 4-Mar 8:30 AM ET)
MasterCraft to Participate in Raymond James 45th Annual Institutional Investors Conference
Globe Newswire (Thu, 29-Feb 9:51 AM ET)
MasterCraft Boat Holdings, Inc. Reports Results for Fiscal 2024 Second Quarter
Globe Newswire (Wed, 7-Feb 7:30 AM ET)
Globe Newswire (Mon, 22-Jan 5:47 PM ET)
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 trades on the NASDAQ stock market under the symbol MCFT.
As of March 27, 2024, MCFT stock price climbed to $22.81 with 58,283 million shares trading.
MCFT has a beta of 1.23, meaning it tends to be more sensitive to market movements. MCFT has a correlation of 0.16 to the broad based SPY ETF.
MCFT has a market cap of $388.54 million. This is considered a Small Cap stock.
Last quarter Mastercraft Boat Hldgs reported $99 million in Revenue and $.37 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.14.
In the last 3 years, MCFT stock traded as high as $35.29 and as low as $18.49.
The top ETF exchange traded funds that MCFT belongs to (by Net Assets): VTI, IWM, AVUV, VXF, IWO.
MCFT has underperformed the market in the last year with a return of -24.0%, while the SPY ETF gained +33.9%. In the last 3 month period, MCFT fell short of the market, returning -1.9%, while SPY returned +10.3%. However, in the most recent 2 weeks MCFT has outperformed the stock market by returning +8.5%, while SPY returned +1.5%.
MCFT support price is $21.47 and resistance is $22.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MCFT stock will trade within this expected range on the day.