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Hot Stocks
MasterCraft Boat announces partial repayment of revolving credit agreement » 09:10
07/01/20
07/01
09:10
07/01/20
09:10
MCFT

MasterCraft Boat

$19.00 /

+0.05 (+0.26%)

MasterCraft Boat Holdings…

MasterCraft Boat Holdings announced that it repaid $25M of its revolving credit agreement on Tuesday, June 30, 2020. In March 2020, the Company drew down $35M of its revolving credit agreement as a precautionary measure in order to increase its cash position and preserve financial flexibility in response to the uncertainty in the global markets resulting from the COVID-19 pandemic.

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MCFT MasterCraft Boat
$19.00 /

+0.05 (+0.26%)

MCFT MasterCraft Boat
$19.00 /

+0.05 (+0.26%)

06/19/20 B. Riley FBR
MasterCraft Boat price target raised to $25 from $23 at B. Riley FBR
06/16/20 SunTrust
SunTrust raises 2020 marine retail volume forecast to down 5% to flat
06/08/20 B. Riley FBR
MasterCraft Boat price target raised to $23 from $16 at B. Riley FBR
05/18/20 B. Riley FBR
B. Riley FBR upgrades MasterCraft to Buy on strengthening boat demand
MCFT MasterCraft Boat
$19.00 /

+0.05 (+0.26%)

MCFT MasterCraft Boat
$19.00 /

+0.05 (+0.26%)

Over a week ago
Recommendations
MasterCraft Boat price target raised to $25 from $23 at B. Riley FBR » 07:58
06/19/20
06/19
07:58
06/19/20
07:58
MCFT

MasterCraft Boat

$18.19 /

+0.03 (+0.17%)

B. Riley FBR analyst Eric…

B. Riley FBR analyst Eric Wold raised the firm's price target on MasterCraft Boat to $25 from $23 and reiterates a Buy rating on the shares after hosting virtual meetings with management. Management confirmed dealer channel checks that robust new boat demand has continued solidly into June, with internal new boat registrations at the company "up substantially" in recent weeks, Wold tells investors in a research note. Management also confirmed the dealer inventory overhang from last year has been "more than cleared," adds the analyst. Wold believes MasterCraft is the best positioned for share appreciation over the next 12 months.

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MCFT MasterCraft Boat
$18.19 /

+0.03 (+0.17%)

MCFT MasterCraft Boat
$18.19 /

+0.03 (+0.17%)

06/16/20 SunTrust
SunTrust raises 2020 marine retail volume forecast to down 5% to flat
06/08/20 B. Riley FBR
MasterCraft Boat price target raised to $23 from $16 at B. Riley FBR
05/18/20 B. Riley FBR
B. Riley FBR upgrades MasterCraft to Buy on strengthening boat demand
05/18/20 B. Riley FBR
MasterCraft Boat upgraded to Buy from Neutral at B. Riley FBR
MCFT MasterCraft Boat
$18.19 /

+0.03 (+0.17%)

MCFT MasterCraft Boat
$18.19 /

+0.03 (+0.17%)

Conference/Events
MasterCraft Boat management to virtually meet with B. Riley FBR » 04:55
06/17/20
06/17
04:55
06/17/20
04:55
MCFT

MasterCraft Boat

$17.80 /

+0.92 (+5.45%)

Virtual Meeting to be…

Virtual Meeting to be held on June 17 hosted by B. Riley FBR.

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MCFT MasterCraft Boat
$17.80 /

+0.92 (+5.45%)

MCFT MasterCraft Boat
$17.80 /

+0.92 (+5.45%)

06/16/20 SunTrust
SunTrust raises 2020 marine retail volume forecast to down 5% to flat
06/08/20 B. Riley FBR
MasterCraft Boat price target raised to $23 from $16 at B. Riley FBR
05/18/20 B. Riley FBR
B. Riley FBR upgrades MasterCraft to Buy on strengthening boat demand
05/18/20 B. Riley FBR
MasterCraft Boat upgraded to Buy from Neutral at B. Riley FBR
MCFT MasterCraft Boat
$17.80 /

+0.92 (+5.45%)

MCFT MasterCraft Boat
$17.80 /

+0.92 (+5.45%)

Conference/Events
MasterCraft Boat management to virtually meet with B. Riley FBR » 10:27
06/16/20
06/16
10:27
06/16/20
10:27
MCFT

MasterCraft Boat

$17.95 /

+1.07 (+6.34%)

Virtual Meeting to be…

Virtual Meeting to be held on June 17 hosted by B. Riley FBR.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$17.95 /

+1.07 (+6.34%)

MCFT MasterCraft Boat
$17.95 /

+1.07 (+6.34%)

06/16/20 SunTrust
SunTrust raises 2020 marine retail volume forecast to down 5% to flat
06/08/20 B. Riley FBR
MasterCraft Boat price target raised to $23 from $16 at B. Riley FBR
05/18/20 B. Riley FBR
B. Riley FBR upgrades MasterCraft to Buy on strengthening boat demand
05/18/20 B. Riley FBR
MasterCraft Boat upgraded to Buy from Neutral at B. Riley FBR
MCFT MasterCraft Boat
$17.95 /

+1.07 (+6.34%)

MCFT MasterCraft Boat
$17.95 /

+1.07 (+6.34%)

Recommendations
SunTrust raises 2020 marine retail volume forecast to down 5% to flat » 07:23
06/16/20
06/16
07:23
06/16/20
07:23
BC

Brunswick

$57.89 /

+0.82 (+1.44%)

, HZO

MarineMax

$20.72 /

+0.38 (+1.87%)

, ONEW

OneWater Marine

$21.80 /

+0.84 (+4.01%)

, PII

Polaris

$95.86 /

+1.06 (+1.12%)

, MCFT

MasterCraft Boat

$16.88 /

+0.84 (+5.24%)

SunTrust analyst Michael…

SunTrust analyst Michael Swartz upwardly revised his 2020 marine retail volume forecast to down 5% to flat vs. down 20%-25% prior, following recent dealer conversations and backed by proprietary "Big Data" retail/inventory analysis. The analyst expects the dealers to post strong June-quarter results, and expects retail demand to fall closer to the lower end of revised CY20 expectation of down mid single digits, and believes dealers and OEMs will remain constructive with 2H stocking levels given the uncertain macro environment,potential for further COVID-related disruption and heading into November's election. The analyst raised his price target for Brunswick (BC) to $66 from $56, for MarineMax (HZO) to $25 from $16, for OneWater Marine (ONEW) to $25 from 19, for Polaris (PII) to $100 from $68 and for MasterCraft Boat (MCFT) to $17 from $12.

ShowHide Related Items >><<
PII Polaris
$95.86 /

+1.06 (+1.12%)

ONEW OneWater Marine
$21.80 /

+0.84 (+4.01%)

MCFT MasterCraft Boat
$16.88 /

+0.84 (+5.24%)

HZO MarineMax
$20.72 /

+0.38 (+1.87%)

BC Brunswick
$57.89 /

+0.82 (+1.44%)

BC Brunswick
$57.89 /

+0.82 (+1.44%)

06/11/20 KeyBanc
Brunswick price target raised to $67 from $55 at KeyBanc
06/08/20 B. Riley FBR
Brunswick price target raised to $71 from $64 at B. Riley FBR
06/02/20 B. Riley FBR
Brunswick price target raised to $64 from $57.50 at B. Riley FBR
05/27/20 Raymond James
Brunswick price target raised to $62 from $53 at Raymond James
HZO MarineMax
$20.72 /

+0.38 (+1.87%)

06/08/20 B. Riley FBR
MarineMax price target raised to $28 from $24 at B. Riley FBR
06/03/20 Raymond James
MarineMax price target raised to $22 from $16 at Raymond James
05/26/20 B. Riley FBR
MarineMax price target raised to $24 from $19 at B. Riley FBR
05/18/20 B. Riley FBR
MarineMax price target raised to $19 from $17 at B. Riley FBR
ONEW OneWater Marine
$21.80 /

+0.84 (+4.01%)

06/04/20 Raymond James
OneWater Marine price target raised to $20 from $17.50 at Raymond James
05/08/20 SunTrust
OneWater Marine price target raised to $16 from $7 at SunTrust
04/06/20 Baird
OneWater Marine downgraded to Neutral at Baird
04/06/20 Baird
OneWater Marine downgraded to Neutral from Outperform at Baird
PII Polaris
$95.86 /

+1.06 (+1.12%)

06/03/20 Lake Street
Polaris price target raised to $107 from $82 at Lake Street
05/29/20
Fly Intel: Top five analyst upgrades
05/29/20 Wedbush
Polaris upgraded to Outperform at Wedbush as state reopening play
05/29/20 Wedbush
Polaris Industries upgraded to Outperform from Neutral at Wedbush
MCFT MasterCraft Boat
$16.88 /

+0.84 (+5.24%)

06/08/20 B. Riley FBR
MasterCraft Boat price target raised to $23 from $16 at B. Riley FBR
05/18/20 B. Riley FBR
B. Riley FBR upgrades MasterCraft to Buy on strengthening boat demand
05/18/20 B. Riley FBR
MasterCraft Boat upgraded to Buy from Neutral at B. Riley FBR
04/06/20 B. Riley FBR
B. Riley FBR cuts MasterCraft Boat on more conservative view of downturn
PII Polaris
$95.86 /

+1.06 (+1.12%)

ONEW OneWater Marine
$21.80 /

+0.84 (+4.01%)

MCFT MasterCraft Boat
$16.88 /

+0.84 (+5.24%)

HZO MarineMax
$20.72 /

+0.38 (+1.87%)

BC Brunswick
$57.89 /

+0.82 (+1.44%)

PII Polaris
$95.86 /

+1.06 (+1.12%)

ONEW OneWater Marine
$21.80 /

+0.84 (+4.01%)

MCFT MasterCraft Boat
$16.88 /

+0.84 (+5.24%)

Recommendations
MasterCraft Boat price target raised to $23 from $16 at B. Riley FBR » 08:47
06/08/20
06/08
08:47
06/08/20
08:47
MCFT

MasterCraft Boat

$17.39 /

+1.21 (+7.48%)

B. Riley FBR analyst Eric…

B. Riley FBR analyst Eric Wold raised the firm's price target on MasterCraft Boat to $23 from $16 and keeps a Buy rating on the shares. Dealer checks and recent conversations with managements indicate continued strength in new boat demand into and through the Memorial Day holiday, Wold tells investors in a research note. Manufacturers continue to work through the backlog of purchased boats as the facilities get up to speed after the nearly two-month shutdowns from COVID-19, adds the analyst.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$17.39 /

+1.21 (+7.48%)

MCFT MasterCraft Boat
$17.39 /

+1.21 (+7.48%)

05/18/20 B. Riley FBR
B. Riley FBR upgrades MasterCraft to Buy on strengthening boat demand
05/18/20 B. Riley FBR
MasterCraft Boat upgraded to Buy from Neutral at B. Riley FBR
04/06/20 B. Riley FBR
B. Riley FBR cuts MasterCraft Boat on more conservative view of downturn
04/06/20 Baird
MasterCraft Boat downgraded to Neutral at Baird
MCFT MasterCraft Boat
$17.39 /

+1.21 (+7.48%)

MCFT MasterCraft Boat
$17.39 /

+1.21 (+7.48%)

Over a month ago
Hot Stocks
Recreational vehicle stocks spike amid safe travel concerns, outdoor season » 15:30
05/26/20
05/26
15:30
05/26/20
15:30
WGO

Winnebago

$59.45 /

+1.39 (+2.39%)

, LCII

LCI Industries

$100.57 /

+5.56 (+5.85%)

, PI

Impinj

$27.59 /

+2.29 (+9.05%)

, CWH

Camping World

$22.96 /

+3.02 (+15.15%)

, BC

Brunswick

$57.25 /

+4.05 (+7.61%)

, MCFT

MasterCraft Boat

$13.85 /

+0.58 (+4.37%)

, THO

Thor Industries

$86.04 /

+4.07 (+4.97%)

Shares of recreation…

Shares of recreation vehicle makers are seeing a move up as investors return from the Memorial Day Weekend amid a buoyancy in financial markets as more U.S. states begin relaxing their coronavirus restrictions. According to media reports, RV rentals and sales are seeing a surge as families look for ways to take a vacation while being safe amid coronavirus concerns. THE SUMMER OF THE RV: According to the RV Industry Association, RV sales in some areas have sped up 170% over the same time period last year. "The last few days we've been getting an abundance of calls all day long where the last few weeks we haven't had any calls," says Arty Lawson, the owner of Motorhome Rentals of Louisiana in Kenner. Dealers like Lawson say they people renting from him are doing so for the first time. "They say they normally fly but they don't want to fly," said Lawson. "Or they normally take the cruise ship but say they will wait till things get better." RVS, BOATING POPULAR: Earlier, during a CNBC interview, Michael Happe the CEO of Winnebago (WGO) said demand for RVs and boats is strong as people come out of shelter in place restrictions and the summer vacation season begins. People want to safely be with friends and family and RVs and boating are becoming increasingly popular as summer begins, said Happe. The demand for RVs is coming from newer buyers entering the RV market for the first time and traditional buyers who are upgrading. PRICE ACTION: Shares of most companies in the RV group are higher, with Winnebago up over 2%, and Camping World Holdings (CWH) up 14%. OTHERS: Others in the space include LCI Industries (LCII), Polaris Industries (PII), Brunswick (BC), MasterCraft Boat (MCFT), and Thor Industries (THO).

ShowHide Related Items >><<
WGO Winnebago
$59.45 /

+1.39 (+2.39%)

THO Thor Industries
$86.04 /

+4.07 (+4.97%)

PI Impinj
$27.59 /

+2.29 (+9.05%)

MCFT MasterCraft Boat
$13.85 /

+0.58 (+4.37%)

LCII LCI Industries
$100.57 /

+5.56 (+5.85%)

CWH Camping World
$22.96 /

+3.02 (+15.15%)

BC Brunswick
$57.25 /

+4.05 (+7.61%)

WGO Winnebago
$59.45 /

+1.39 (+2.39%)

05/12/20 SunTrust
Winnebago price target raised to $60 from $45 at SunTrust
04/17/20 Wolfe Research
Winnebago initiated with a Peer Perform at Wolfe Research
03/26/20 SunTrust
Winnebago price target raised to $38 from $28 at SunTrust
01/27/20 KeyBanc
Winnebago initiated with an Overweight at KeyBanc
LCII LCI Industries
$100.57 /

+5.56 (+5.85%)

05/07/20 Sidoti
LCI Industries downgraded to Neutral from Buy at Sidoti
04/17/20 Wolfe Research
LCI Industries initiated with an Outperform at Wolfe Research
03/17/20 Sidoti
LCI Industries upgraded to Buy from Neutral at Sidoti
03/12/20 CL King
LCI Industries upgraded to Buy from Neutral at CL King
PI Impinj
$27.59 /

+2.29 (+9.05%)

04/28/20 Needham
Impinj price target raised to $25 from $19 at Needham
04/28/20 Canaccord
Impinj price target lowered to $35 from $40 at Canaccord
04/27/20 Piper Sandler
Impinj price target lowered to $29 from $44 at Piper Sandler
03/10/20 Morgan Stanley
Morgan Stanley lowers semiconductor estimates to reflect COVID-19 disruption
CWH Camping World
$22.96 /

+3.02 (+15.15%)

05/12/20 BMO Capital
Camping World price target raised to $13 from $8.50 at BMO Capital
04/27/20 BMO Capital
Camping World price target lowered to $8.50 from $12 at BMO Capital
04/08/20 Northcoast
Thor Industries, Camping World downgraded at Northcoast after RV industry checks
04/08/20 Northcoast
Camping World downgraded to Neutral from Buy at Northcoast
BC Brunswick
$57.25 /

+4.05 (+7.61%)

05/18/20 B. Riley FBR
Brunswick price target raised to $57.50 from $54 at B. Riley FBR
05/18/20 B. Riley FBR
B. Riley FBR upgrades MasterCraft to Buy on strengthening boat demand
05/04/20 KeyBanc
Brunswick price target raised to $52 from $47 at KeyBanc
05/04/20 Wells Fargo
Brunswick price target raised to $54 from $42 at Wells Fargo
MCFT MasterCraft Boat
$13.85 /

+0.58 (+4.37%)

05/18/20 B. Riley FBR
MasterCraft Boat upgraded to Buy from Neutral at B. Riley FBR
04/06/20 B. Riley FBR
B. Riley FBR cuts MasterCraft Boat on more conservative view of downturn
04/06/20 Baird
MasterCraft Boat downgraded to Neutral at Baird
THO Thor Industries
$86.04 /

+4.07 (+4.97%)

04/17/20 Wolfe Research
Thor Industries initiated with an Outperform at Wolfe Research
04/14/20 KeyBanc
Thor Industries price target lowered to $62 from $69 at KeyBanc
04/08/20 Northcoast
Thor Industries downgraded to Neutral from Buy at Northcoast
WGO Winnebago
$59.45 /

+1.39 (+2.39%)

THO Thor Industries
$86.04 /

+4.07 (+4.97%)

PI Impinj
$27.59 /

+2.29 (+9.05%)

MCFT MasterCraft Boat
$13.85 /

+0.58 (+4.37%)

LCII LCI Industries
$100.57 /

+5.56 (+5.85%)

CWH Camping World
$22.96 /

+3.02 (+15.15%)

BC Brunswick
$57.25 /

+4.05 (+7.61%)

WGO Winnebago
$59.45 /

+1.39 (+2.39%)

WGO Winnebago
$59.45 /

+1.39 (+2.39%)

THO Thor Industries
$86.04 /

+4.07 (+4.97%)

PI Impinj
$27.59 /

+2.29 (+9.05%)

MCFT MasterCraft Boat
$13.85 /

+0.58 (+4.37%)

CWH Camping World
$22.96 /

+3.02 (+15.15%)

PI Impinj
$27.59 /

+2.29 (+9.05%)

CWH Camping World
$22.96 /

+3.02 (+15.15%)

Upgrade
B. Riley FBR upgrades MasterCraft to Buy on strengthening boat demand » 08:37
05/18/20
05/18
08:37
05/18/20
08:37
MCFT

MasterCraft Boat

$11.45 /

+1 (+9.57%)

, BC

Brunswick

$50.39 /

+4.72 (+10.34%)

B. Riley FBR analyst Eric…

B. Riley FBR analyst Eric Wold upgraded MasterCraft Boat Holdings (MCFT) to Buy from Neutral with a price target of $16, up from $10. Channel checks indicate that retail demand for boats has been strengthening week-to-week into the Memorial Day holiday weekend, Wold tells investors in a research note. Further, the analyst expects that this summer will represent a significant improvement over last year. The boat manufacturers had made significant progress in reducing the elevated dealer inventories stemming from the slower than expected start to the selling season in 2019, the facility closures will further improve dealer inventory levels, says the analyst.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$11.45 /

+1 (+9.57%)

BC Brunswick
$50.39 /

+4.72 (+10.34%)

MCFT MasterCraft Boat
$11.45 /

+1 (+9.57%)

05/18/20 B. Riley FBR
MasterCraft Boat upgraded to Buy from Neutral at B. Riley FBR
04/06/20 B. Riley FBR
B. Riley FBR cuts MasterCraft Boat on more conservative view of downturn
04/06/20 Baird
MasterCraft Boat downgraded to Neutral at Baird
04/06/20 B. Riley FBR
MasterCraft Boat downgraded to Neutral from Buy at B. Riley FBR
BC Brunswick
$50.39 /

+4.72 (+10.34%)

05/04/20 KeyBanc
Brunswick price target raised to $52 from $47 at KeyBanc
05/04/20 Wells Fargo
Brunswick price target raised to $54 from $42 at Wells Fargo
04/24/20 B. Riley FBR
Brunswick price target raised to $50 from $43 at B. Riley FBR
04/17/20 Wolfe Research
Brunswick initiated with an Outperform at Wolfe Research
MCFT MasterCraft Boat
$11.45 /

+1 (+9.57%)

BC Brunswick
$50.39 /

+4.72 (+10.34%)

MCFT MasterCraft Boat
$11.45 /

+1 (+9.57%)

Upgrade
MasterCraft Boat upgraded to Buy from Neutral at B. Riley FBR » 05:27
05/18/20
05/18
05:27
05/18/20
05:27
MCFT

MasterCraft Boat

$11.45 /

+1 (+9.57%)

B. Riley FBR analyst Eric…

B. Riley FBR analyst Eric Wold upgraded MasterCraft Boat Holdings to Buy from Neutral with a price target of $16, up from $10.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$11.45 /

+1 (+9.57%)

MCFT MasterCraft Boat
$11.45 /

+1 (+9.57%)

04/06/20 B. Riley FBR
B. Riley FBR cuts MasterCraft Boat on more conservative view of downturn
04/06/20 Baird
MasterCraft Boat downgraded to Neutral at Baird
04/06/20 B. Riley FBR
MasterCraft Boat downgraded to Neutral from Buy at B. Riley FBR
04/06/20 Baird
MasterCraft Boat downgraded to Neutral from Outperform at Baird
MCFT MasterCraft Boat
$11.45 /

+1 (+9.57%)

MCFT MasterCraft Boat
$11.45 /

+1 (+9.57%)

Earnings
MasterCraft Boat reaffirms withdrawal of 2020 guidance » 07:50
05/06/20
05/06
07:50
05/06/20
07:50
MCFT

MasterCraft Boat

$10.06 /

-0.27 (-2.61%)

CEO Brightbill,…

CEO Brightbill, "While COVID-19 presented many challenges for MasterCraft in the third quarter, we believe that we have implemented a plan to manage through the near-term headwinds, and position the Company for success as the economy begins to re-open. We firmly believe the steps we have taken during the pandemic, including the enhanced financial flexibility gained from our cost-cutting measures and a proposed amendment to our credit facility will position MasterCraft for success throughout the transition and beyond. We anticipate that we will finalize the proposed credit amendment later this week, which will include temporary relief under our financial covenants." As previously disclosed, given the economic uncertainty around the business impact of the COVID-19 pandemic, the Company has withdrawn the fiscal 2020 guidance contained in its second-quarter earnings press release and conference call on February 5, 2020. The Company will revisit its decision to provide detailed sales and earnings guidance when visibility to accurately estimate its future results improves.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$10.06 /

-0.27 (-2.61%)

04/06/20 B. Riley FBR
B. Riley FBR cuts MasterCraft Boat on more conservative view of downturn
04/06/20 Baird
MasterCraft Boat downgraded to Neutral at Baird
04/06/20 B. Riley FBR
MasterCraft Boat downgraded to Neutral from Buy at B. Riley FBR
04/06/20 Baird
MasterCraft Boat downgraded to Neutral from Outperform at Baird

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