MCBC Holdings (MCFT) Receiving Somewhat Positive Media Coverage, Study Finds
News articles about MCBC Holdings (NASDAQ:MCFT) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MCBC Holdings earned a news impact score of 0.17 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.1748289738117 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
MCFT has been the topic of a number of recent research reports. B. Riley reiterated a “buy” rating and set a $21.00 price target on shares of MCBC Holdings in a report on Friday, May 12th. ValuEngine upgraded shares of MCBC Holdings from a “hold” rating to a “buy” rating in a report on Tuesday, June 13th. Zacks Investment Research lowered shares of MCBC Holdings from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 12th. BidaskClub lowered shares of MCBC Holdings from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Finally, KeyCorp started coverage on shares of MCBC Holdings in a report on Wednesday. They issued an “overweight” rating on the stock. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $18.00.
MCBC Holdings (NASDAQ:MCFT) traded down 1.15% during trading on Thursday, reaching $17.14. 229,727 shares of the company traded hands. The firm has a market capitalization of $319.46 million, a price-to-earnings ratio of 17.72 and a beta of 1.13. The firm’s 50 day moving average price is $18.56 and its 200 day moving average price is $17.41. MCBC Holdings has a 12-month low of $10.44 and a 12-month high of $20.22.
MCBC Holdings Company Profile
MCBC Holdings, Inc (MCBC) is a holding company. The Company is a designer and manufacturer of inboard tournament ski boats and V-drive runabouts under the MasterCraft brand. The Company operates through two segments: MasterCraft and Hydra-Sports. The MasterCraft product brand consists of recreational performance boats primarily used for water skiing, wakeboarding and wake surfing, and general recreational boating.
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