+Compare
MCFT
Stock ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
358.93M

MCFT MasterCraft Boat Holdings Forecast, Technical & Fundamental Analysis

a manufacturer of recreational performance boats

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for MCFT with price predictions
07:00 PM EST Dec 05, 2023

Momentum Indicator for MCFT turns negative, indicating new downward trend

MCFT saw its Momentum Indicator move below the 0 level on December 05, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 95 similar instances where the indicator turned negative. In of the 95 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

MCFT moved below its 50-day moving average on November 16, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MCFT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for MCFT entered a downward trend on November 17, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MCFT's RSI Indicator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 57 cases where MCFT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MCFT just turned positive on December 01, 2023. Looking at past instances where MCFT's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MCFT advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.844) is normal, around the industry mean (19.285). P/E Ratio (4.960) is within average values for comparable stocks, (48.166). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.593). Dividend Yield (0.000) settles around the average of (0.064) among similar stocks. P/S Ratio (0.603) is also within normal values, averaging (10.702).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. MCFT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MCFT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Harley-Davidson (NASDAQ:HOG), YETI Holdings (NASDAQ:YETI), Peloton Interactive (NASDAQ:PTON), MasterCraft Boat Holdings (NASDAQ:MCFT).

Industry description

The Leisure and Recreation Products industry includes companies offering recreational goods/services such as video games, swimming pools, golf courses, boats, outdoor spaces etc. Since these are mainly geared towards consumers, strong employment conditions and healthy incomes generally augur well for the recreational products industry. Some of the largest market caps in this space belong to video game developers (e.g. Activision Blizzard, Electronic Arts and Take-two Interactive), and toy /board game makers (like Hasbro).

Market Cap

The average market capitalization across the Recreational Products Industry is 4.48B. The market cap for tickers in the group ranges from 5.94K to 63.42B. OLCLY holds the highest valuation in this group at 63.42B. The lowest valued company is CLUBQ at 5.94K.

High and low price notable news

The average weekly price growth across all stocks in the Recreational Products Industry was 0%. For the same Industry, the average monthly price growth was -2%, and the average quarterly price growth was -10%. VIVC experienced the highest price growth at 100%, while MCOM experienced the biggest fall at -99%.

Volume

The average weekly volume growth across all stocks in the Recreational Products Industry was -15%. For the same stocks of the Industry, the average monthly volume growth was -30% and the average quarterly volume growth was -48%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 58
Price Growth Rating: 55
SMR Rating: 68
Profit Risk Rating: 83
Seasonality Score: 24 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published Earnings

MCFT is expected to report earnings to fall 49.23% to 23 cents per share on February 07

MasterCraft Boat Holdings MCFT Stock Earnings Reports
Q4'23
Est.
$0.24
Q3'23
Beat
by $0.07
Q2'23
Beat
by $0.30
Q1'23
Beat
by $0.32
Q4'22
Beat
by $0.19
The last earnings report on November 08 showed earnings per share of 46 cents, beating the estimate of 40 cents. With 66.42K shares outstanding, the current market capitalization sits at 358.93M.
A.I. Advisor
published General Information

General Information

a manufacturer of recreational performance boats

Industry RecreationalProducts

Profile
Fundamentals
Details
Industry
Recreational Products
Address
100 Cherokee Cove Drive
Phone
+1 423 884-2221
Employees
1060
Web
https://www.mastercraft.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
BIVRX23.130.15
+0.65%
Invenomic Investor
SEEFX16.950.03
+0.18%
Saturna Sustainable Equity
MSAAX14.510.02
+0.14%
Morgan Stanley Inst Passport ovrs eq C
WWICX11.090.01
+0.09%
Westwood Income Opportunity C
JDNRX70.24-0.26
-0.37%
Janus Henderson Growth And Income R

MCFT and

Correlation & Price change

A.I.dvisor indicates that over the last year, MCFT has been closely correlated with MBUU. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if MCFT jumps, then MBUU could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MCFT
1D Price
Change %
MCFT100%
+0.93%
MBUU - MCFT
77%
Closely correlated
+0.55%
BC - MCFT
66%
Closely correlated
+1.44%
WGO - MCFT
56%
Loosely correlated
+2.02%
PII - MCFT
54%
Loosely correlated
+2.44%
THO - MCFT
53%
Loosely correlated
+1.45%
More

Groups containing MCFT

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MCFT
1D Price
Change %
MCFT100%
+0.93%
MCFT
(undefined stocks)
83%
Closely correlated
+0.97%
Consumer Durables
(undefined stocks)
11%
Poorly correlated
+0.56%
Recreational Products
(undefined stocks)
11%
Poorly correlated
+0.34%