Demystifying MasterCraft Boat Hldgs: Insights From 4 Analyst Reviews
Portfolio Pulse from Benzinga Insights
MasterCraft Boat Hldgs (NASDAQ:MCFT) received mixed analyst ratings over the past three months, with a current average 12-month price target of $23.5, down from the previous $25.25. Analysts from Truist Securities and Stifel adjusted their price targets, with Truist raising their target from $20 to $22 and then lowering it to $20, while Stifel lowered their target from $33 to $29. Raymond James also lowered their target from $25 to $23. Despite a -38.52% revenue decline over 3 months, MCFT has a strong net margin of 5.94% and an ROE of 3.23%, outperforming industry averages.
January 09, 2024 | 9:01 pm
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MasterCraft Boat Hldgs has mixed analyst ratings with a downward revision in price targets, indicating potential pressure on the stock price. However, strong profitability metrics could mitigate negative sentiment.
The mixed analyst ratings and lowered price targets suggest uncertainty, which could lead to short-term volatility in MCFT's stock price. However, the company's strong net margin and ROE are positive indicators that may reassure investors, balancing out the potential negative impact from the revenue decline and analyst sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100