Breaking News

Over a month ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
MasterCraft Boat price target raised to $28 from $22 at Truist » 09:11
02/09/23
02/09
09:11
02/09/23
09:11
MCFT

MasterCraft Boat

$34.27 /

+3.065 (+9.82%)

Truist analyst Michael…

Truist analyst Michael Swartz raised the firm's price target on MasterCraft Boat to $28 from $22 but keeps a Hold rating on the shares. The company's Q2 earnings beat is reflective of the exceedingly low bar provided last September, rather than a material change in demand or internal factors, the analyst tells investors in a research note. MasterCraft's FY23 guidance also appears achievable, but the firm remains cautious heading into FY24 given relatively more aggressive pricing in recent years and its exposure to the value end of the market via its Crest brand.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$34.27 /

+3.065 (+9.82%)

MCFT MasterCraft Boat
$34.27 /

+3.065 (+9.82%)

02/09/23 Baird
MasterCraft Boat price target raised to $40 from $30 at Baird
10/25/22 B. Riley
MasterCraft Boat price target lowered to $31 from $37 at B. Riley
10/20/22 Stifel
MasterCraft Boat price target lowered to $29 from $31 at Stifel
09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
MCFT MasterCraft Boat
$34.27 /

+3.065 (+9.82%)

MCFT MasterCraft Boat
$34.27 /

+3.065 (+9.82%)

Recommendations
MasterCraft Boat price target raised to $40 from $30 at Baird » 06:33
02/09/23
02/09
06:33
02/09/23
06:33
MCFT

MasterCraft Boat

$34.27 /

+3.065 (+9.82%)

Baird analyst Craig…

Baird analyst Craig Kennison raised the firm's price target on MasterCraft Boat to $40 from $30 and keeps an Outperform rating on the shares. The analyst noted they beat expectations and raised F2023 guidance despite a cautious marine outlook while management said dealers have restocked ahead of the summer retail season, suggesting a return of discounts and promotions as they compete for buyers with more options.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$34.27 /

+3.065 (+9.82%)

MCFT MasterCraft Boat
$34.27 /

+3.065 (+9.82%)

10/25/22 B. Riley
MasterCraft Boat price target lowered to $31 from $37 at B. Riley
10/20/22 Stifel
MasterCraft Boat price target lowered to $29 from $31 at Stifel
09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
09/09/22 B. Riley
MasterCraft Boat price target lowered to $37 from $46 at B. Riley
MCFT MasterCraft Boat
$34.27 /

+3.065 (+9.82%)

MCFT MasterCraft Boat
$34.27 /

+3.065 (+9.82%)

Earnings
MasterCraft Boat sees Q3 adjusted EPS $1.04, consensus 97c » 07:38
02/08/23
02/08
07:38
02/08/23
07:38
MCFT

MasterCraft Boat

$31.19 /

+0.51 (+1.66%)

Sees Q3 revenue $158M,…

Sees Q3 revenue $158M, consensus $144.16M. Sees adjusted EBITDA $26M.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

10/25/22 B. Riley
MasterCraft Boat price target lowered to $31 from $37 at B. Riley
10/20/22 Stifel
MasterCraft Boat price target lowered to $29 from $31 at Stifel
09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
09/09/22 B. Riley
MasterCraft Boat price target lowered to $37 from $46 at B. Riley
MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

Earnings
MasterCraft Boat sees 2023 adjusted EPS $4.40-$4.60, consensus $4.36 » 07:37
02/08/23
02/08
07:37
02/08/23
07:37
MCFT

MasterCraft Boat

$31.19 /

+0.51 (+1.66%)

Sees 2023 revenue…

Sees 2023 revenue $620M-$640M, consensus $607.63M. Sees adjusted EBITDA $111M-$118M. Sees capex $30M.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

10/25/22 B. Riley
MasterCraft Boat price target lowered to $31 from $37 at B. Riley
10/20/22 Stifel
MasterCraft Boat price target lowered to $29 from $31 at Stifel
09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
09/09/22 B. Riley
MasterCraft Boat price target lowered to $37 from $46 at B. Riley
MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

Earnings
MasterCraft Boat reports Q2 adjusted EPS $1.20, consensus $1.01 » 07:35
02/08/23
02/08
07:35
02/08/23
07:35
MCFT

MasterCraft Boat

$31.19 /

+0.51 (+1.66%)

Reports Q2 revenue…

Reports Q2 revenue $159.2M, consensus $150.66M. Fred Brightbill, Chief Executive Officer and Chairman, commented, "Our business has performed extremely well through the first half of fiscal 2023, delivering record financial results which have exceeded expectations. Our diligent approach to business planning and our best-in-class operating model have allowed us to operate efficiently and have provided us with the confidence and agility to respond to a range of potential retail demand scenarios. Our robust portfolio of innovative products, healthy dealer inventory levels, and our flexible production capabilities position us well to capitalize on the boat show and summer selling seasons. Net sales, diluted adjusted earnings per share, and Adjusted EBITDA were all the highest for any second quarter in the Company's history, and it is our ninth consecutive year-over-year record-setting quarter. Strong operating results and diligent working capital management also allowed us to generate the most cash flow from operations and free cash flow in the Company's history. This exceptional operational and financial performance was enabled by our strategic focus on the consumer, and through investments in people and operations."

ShowHide Related Items >><<
MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

10/25/22 B. Riley
MasterCraft Boat price target lowered to $31 from $37 at B. Riley
10/20/22 Stifel
MasterCraft Boat price target lowered to $29 from $31 at Stifel
09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
09/09/22 B. Riley
MasterCraft Boat price target lowered to $37 from $46 at B. Riley
MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

MCFT MasterCraft Boat
$31.19 /

+0.51 (+1.66%)

Over a quarter ago
On The Fly
Fly Intel: Pre-market Movers » 09:12
11/09/22
11/09
09:12
11/09/22
09:12
META

Meta Platforms

$96.49 /

-0.27 (-0.28%)

, TTD

Trade Desk

$43.38 /

-0.33 (-0.75%)

, WEN

Wendy's

$20.41 /

-0.185 (-0.90%)

, MCFT

MasterCraft Boat

$22.86 /

+0.84 (+3.81%)

, HGV

Hilton Grand Vacations

$37.52 /

+0.54 (+1.46%)

, ARRY

Array Technologies

$17.00 /

+1.06 (+6.65%)

, DHI

D.R. Horton

$73.32 /

-1.8 (-2.40%)

, RBLX

Roblox

$39.16 /

-0.675 (-1.69%)

, HBI

Hanesbrands

$7.09 /

+ (+0.00%)

, COCO

Vita Coco

$9.21 /

-0.23 (-2.44%)

, UPST

Upstart

$19.02 /

+0.48 (+2.59%)

, DIS

Disney

$99.94 /

-0.53 (-0.53%)

Check out this morning's…

ShowHide Related Items >><<
WEN Wendy's
$20.41 /

-0.185 (-0.90%)

UPST Upstart
$19.02 /

+0.48 (+2.59%)

TTD Trade Desk
$43.38 /

-0.33 (-0.75%)

RBLX Roblox
$39.16 /

-0.675 (-1.69%)

META Meta Platforms
$96.49 /

-0.27 (-0.28%)

MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

HGV Hilton Grand Vacations
$37.52 /

+0.54 (+1.46%)

HBI Hanesbrands
$7.09 /

+ (+0.00%)

DIS Disney
$99.94 /

-0.53 (-0.53%)

DHI D.R. Horton
$73.32 /

-1.8 (-2.40%)

COCO Vita Coco
$9.21 /

-0.23 (-2.44%)

ARRY Array Technologies
$17.00 /

+1.06 (+6.65%)

META Meta Platforms
$96.49 /

-0.27 (-0.28%)

11/07/22 Itau BBA
Itau upgrades Meta Platforms, says 'right price has finally come'
11/07/22 Itau BBA
Meta Platforms upgraded to Outperform from Market Perform at Itau BBA
11/02/22 Tigress Financial
Meta Platforms price target lowered to $260 from $466 at Tigress Financial
10/28/22 Societe Generale
Meta Platforms price target lowered to $80 from $185 at Societe Generale
TTD Trade Desk
$43.38 /

-0.33 (-0.75%)

10/18/22 Craig-Hallum
Viant initiated with a Buy at Craig-Hallum
10/18/22 Morgan Stanley
Trade Desk initiated with an Equal Weight at Morgan Stanley
10/05/22 Susquehanna
Trade Desk remains a "must-own" name, says Susquehanna
08/16/22 Wolfe Research
Trade Desk initiated with a Peer Perform at Wolfe Research
WEN Wendy's
$20.41 /

-0.185 (-0.90%)

09/22/22 Stephens
Wendy's initiated with an Overweight at Stephens
09/12/22 Gordon Haskett
Wendy's advance may have been tied to Peltz hopes, says Gordon Haskett
09/07/22 Bernstein
Wendy's initiated at Outperform on sales growth pickup at Bernstein
09/07/22 Bernstein
Wendy's initiated with an Outperform at Bernstein
MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

10/25/22 B. Riley
MasterCraft Boat price target lowered to $31 from $37 at B. Riley
10/20/22 Stifel
MasterCraft Boat price target lowered to $29 from $31 at Stifel
09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
09/09/22 B. Riley
MasterCraft Boat price target lowered to $37 from $46 at B. Riley
HGV Hilton Grand Vacations
$37.52 /

+0.54 (+1.46%)

08/12/22 Truist
Hilton Grand Vacations price target lowered to $63 from $64 at Truist
06/28/22 Barclays
Barclays says shift in preferences to cushion Gaming, Cruises, Timeshare names
06/28/22 Barclays
Hilton Grand Vacations initiated with an Overweight at Barclays
03/08/22 Truist
Hilton Grand Vacations price target raised to $63 from $60 at Truist
ARRY Array Technologies
$17.00 /

+1.06 (+6.65%)

11/09/22 Northland
Array Technologies price target raised to $30 from $26 at Northland
10/20/22 JPMorgan
Array Technologies price target lowered to $31 from $34 at JPMorgan
10/18/22 Truist
Array Technologies price target lowered to $17 from $23 at Truist
09/26/22 Northland
Northland came away from solar conference still bullish on Array, Generac
DHI D.R. Horton
$73.32 /

-1.8 (-2.40%)

10/21/22 Raymond James
D.R. Horton downgraded to Outperform from Strong Buy at Raymond James
10/10/22 Wedbush
D.R. Horton price target lowered to $83 from $97 at Wedbush
09/19/22 KeyBanc
KeyBanc more bullish on homebuilder names, upgrades five stocks to Overweight
09/19/22 KeyBanc
D.R. Horton upgraded to Overweight from Sector Weight at KeyBanc
RBLX Roblox
$39.16 /

-0.675 (-1.69%)

10/26/22 DA Davidson
DA Davidson starts Roblox at Buy on uniqueness of platform, metaverse potential
10/26/22 DA Davidson
Roblox initiated with a Buy at DA Davidson
10/26/22 Piper Sandler
Roblox initiated with an Overweight at Piper Sandler
10/18/22 Stifel
Roblox price target lowered to $48 from $50 at Stifel
HBI Hanesbrands
$7.09 /

+ (+0.00%)

11/06/22 Citi
Hanesbrands price target lowered to $7 from $11 at Citi
10/31/22 Wells Fargo
Hanesbrands downgraded to Underweight from Overweight at Wells Fargo
08/12/22 CL King
Hanesbrands price target lowered to $15 from $17 at CL King
08/12/22 B. Riley
Hanesbrands price target lowered to $14 from $18 at B. Riley
COCO Vita Coco
$9.21 /

-0.23 (-2.44%)

07/08/22 BofA
Vita Coco upgraded to Buy at BofA as ocean freight costs ease
07/08/22 BofA
Vita Coco upgraded to Buy from Neutral at BofA
05/16/22 Piper Sandler
Vita Coco price target lowered to $15 from $17 at Piper Sandler
03/14/22 BofA
Vita Coco downgraded to Neutral from Buy at BofA
UPST Upstart
$19.02 /

+0.48 (+2.59%)

11/09/22 Jefferies
Upstart price target lowered to $20 from $25 at Jefferies
11/09/22 Wedbush
Upstart price target lowered to $10 from $15 at Wedbush
11/09/22 Morgan Stanley
Upstart price target lowered to $11.50 from $15 at Morgan Stanley
11/09/22 Mizuho
Upstart price target lowered to $12 from $17 at Mizuho
DIS Disney
$99.94 /

-0.53 (-0.53%)

11/09/22 Evercore ISI
Disney price target lowered to $115 from $140 at Evercore ISI
11/09/22 UBS
Disney price target lowered to $122 from $135 at UBS
11/09/22 KeyBanc
Disney price target lowered to $119 from $143 at KeyBanc
11/09/22 Wells Fargo
Disney price target lowered to $125 from $145 at Wells Fargo
WEN Wendy's
$20.41 /

-0.185 (-0.90%)

UPST Upstart
$19.02 /

+0.48 (+2.59%)

TTD Trade Desk
$43.38 /

-0.33 (-0.75%)

RBLX Roblox
$39.16 /

-0.675 (-1.69%)

META Meta Platforms
$96.49 /

-0.27 (-0.28%)

MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

HGV Hilton Grand Vacations
$37.52 /

+0.54 (+1.46%)

HBI Hanesbrands
$7.09 /

+ (+0.00%)

DIS Disney
$99.94 /

-0.53 (-0.53%)

DHI D.R. Horton
$73.32 /

-1.8 (-2.40%)

COCO Vita Coco
$9.21 /

-0.23 (-2.44%)

ARRY Array Technologies
$17.00 /

+1.06 (+6.65%)

WEN Wendy's
$20.41 /

-0.185 (-0.90%)

TTD Trade Desk
$43.38 /

-0.33 (-0.75%)

RBLX Roblox
$39.16 /

-0.675 (-1.69%)

META Meta Platforms
$96.49 /

-0.27 (-0.28%)

DIS Disney
$99.94 /

-0.53 (-0.53%)

DHI D.R. Horton
$73.32 /

-1.8 (-2.40%)

ARRY Array Technologies
$17.00 /

+1.06 (+6.65%)

WEN Wendy's
$20.41 /

-0.185 (-0.90%)

UPST Upstart
$19.02 /

+0.48 (+2.59%)

TTD Trade Desk
$43.38 /

-0.33 (-0.75%)

RBLX Roblox
$39.16 /

-0.675 (-1.69%)

META Meta Platforms
$96.49 /

-0.27 (-0.28%)

MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

HBI Hanesbrands
$7.09 /

+ (+0.00%)

DIS Disney
$99.94 /

-0.53 (-0.53%)

DHI D.R. Horton
$73.32 /

-1.8 (-2.40%)

COCO Vita Coco
$9.21 /

-0.23 (-2.44%)

ARRY Array Technologies
$17.00 /

+1.06 (+6.65%)

WEN Wendy's
$20.41 /

-0.185 (-0.90%)

UPST Upstart
$19.02 /

+0.48 (+2.59%)

TTD Trade Desk
$43.38 /

-0.33 (-0.75%)

RBLX Roblox
$39.16 /

-0.675 (-1.69%)

META Meta Platforms
$96.49 /

-0.27 (-0.28%)

HBI Hanesbrands
$7.09 /

+ (+0.00%)

DIS Disney
$99.94 /

-0.53 (-0.53%)

DHI D.R. Horton
$73.32 /

-1.8 (-2.40%)

ARRY Array Technologies
$17.00 /

+1.06 (+6.65%)

Earnings
MasterCraft Boat sees FY23 adjusted EPS $4.20-$4.60, consensus $4.07 » 07:44
11/09/22
11/09
07:44
11/09/22
07:44
MCFT

MasterCraft Boat

$22.86 /

+0.84 (+3.81%)

The company said,…

The company said, "For full year fiscal 2023, consolidated net sales are now expected to be between $590 million and $625 million, with Adjusted EBITDA between $108 million and $118 million, and Adjusted Earnings per share of between $4.20 and $4.60. We continue to expect capital expenditures to be approximately $30 million for the full year."

ShowHide Related Items >><<
MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

10/25/22 B. Riley
MasterCraft Boat price target lowered to $31 from $37 at B. Riley
10/20/22 Stifel
MasterCraft Boat price target lowered to $29 from $31 at Stifel
09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
09/09/22 B. Riley
MasterCraft Boat price target lowered to $37 from $46 at B. Riley
MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

Earnings
MasterCraft Boat reports Q1 adjusted EPS $1.43, consensus $1.29 » 07:43
11/09/22
11/09
07:43
11/09/22
07:43
MCFT

MasterCraft Boat

$22.86 /

+0.84 (+3.81%)

Reports Q1 revenue…

Reports Q1 revenue $169.516M, consensus $165.27M. Fred Brightbill, Chief Executive Officer and Chairman, commented, "We are proud of our outstanding start to fiscal 2023. Despite macroeconomic volatility and the dynamic business environment, we achieved the best first quarter in the Company's history. Our ability to mitigate supply chain disruption is enabling more efficient production and throughput, and as a result, we made progress in replenishing dealer inventories, greatly enhancing product availability. Each of our segments contributed to our growth and profitability improvement during the quarter, and we realized structural improvements to the growth potential and margin profile of our business with the sale of NauticStar."

ShowHide Related Items >><<
MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

10/25/22 B. Riley
MasterCraft Boat price target lowered to $31 from $37 at B. Riley
10/20/22 Stifel
MasterCraft Boat price target lowered to $29 from $31 at Stifel
09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
09/09/22 B. Riley
MasterCraft Boat price target lowered to $37 from $46 at B. Riley
MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

MCFT MasterCraft Boat
$22.86 /

+0.84 (+3.81%)

Recommendations
MasterCraft Boat price target lowered to $31 from $37 at B. Riley » 09:06
10/25/22
10/25
09:06
10/25/22
09:06
MCFT

MasterCraft Boat

$20.96 /

+0.615 (+3.02%)

B. Riley analyst Eric…

B. Riley analyst Eric Wold lowered the firm's price target on MasterCraft Boat to $31 from $37 and keeps a Buy rating on the shares. New boat registrations returned to negative territory in September but valuations are already pricing in a meaningful pullback in near-term demand, Wold tells investors in a research note. While the analyst remains positive on the outlook for the recreational marine group beyond some short-term uncertainty, he acknowledges that this uncertainty is more than likely to weigh on investor perceptions and associated valuations in the near term. Therefore, he lowered target multiples across the board for the recreational marine group.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$20.96 /

+0.615 (+3.02%)

MCFT MasterCraft Boat
$20.96 /

+0.615 (+3.02%)

10/20/22 Stifel
MasterCraft Boat price target lowered to $29 from $31 at Stifel
09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
09/09/22 B. Riley
MasterCraft Boat price target lowered to $37 from $46 at B. Riley
09/09/22 Baird
MasterCraft Boat price target lowered to $30 from $32 at Baird
MCFT MasterCraft Boat
$20.96 /

+0.615 (+3.02%)

MCFT MasterCraft Boat
$20.96 /

+0.615 (+3.02%)

Recommendations
MasterCraft Boat price target lowered to $29 from $31 at Stifel » 08:32
10/20/22
10/20
08:32
10/20/22
08:32
MCFT

MasterCraft Boat

$20.41 /

-0.79 (-3.73%)

Stifel analyst Drew Crum…

Stifel analyst Drew Crum lowered the firm's price target on MasterCraft Boat to $29 from $31 and keeps a Buy rating on the shares ahead of the company's expected fiscal Q1 due in the first half of November. While forecasting "a solid start to the fiscal year, with record FY1Q sales and earnings," Crum expects management to convey a more tepid outlook going forward, similar to the company's update in early September, he tells investors.

ShowHide Related Items >><<
MCFT MasterCraft Boat
$20.41 /

-0.79 (-3.73%)

MCFT MasterCraft Boat
$20.41 /

-0.79 (-3.73%)

09/09/22 Raymond James
MasterCraft Boat price target lowered to $29 from $38 at Raymond James
09/09/22 B. Riley
MasterCraft Boat price target lowered to $37 from $46 at B. Riley
09/09/22 Baird
MasterCraft Boat price target lowered to $30 from $32 at Baird
08/18/22 Stifel
MasterCraft Boat initiated with a Buy at Stifel
MCFT MasterCraft Boat
$20.41 /

-0.79 (-3.73%)

MCFT MasterCraft Boat
$20.41 /

-0.79 (-3.73%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.