MASTERCRAFT BOAT Stock Holdings Trimmed by Exchange Traded Concepts LLC
December 23, 2022
Trending News 🌥️
Mastercraft Boat Intrinsic Value – MASTERCRAFT BOAT ($NASDAQ:MCFT) is a leading US-based boat and marine equipment manufacturer, known for its renowned quality and craftsmanship. With their mission to provide their customers with the highest quality products and services in the industry, MASTERCRAFT BOAT has become a household name among boat owners. Recently, MASTERCRAFT BOAT’s stock holdings have been trimmed by Exchange Traded Concepts LLC. Exchange Traded Concepts LLC is an SEC-registered investment advisor that specializes in providing solutions and advisory services to clients who are looking to diversify their portfolios. The company’s decision to trim MASTERCRAFT BOAT’s stock holdings may have been made in an attempt to diversify their clients’ portfolios and reduce their risk.
The stock trimming has been met with mixed reactions by investors, with some expressing their concern over the news and others seeing it as a positive sign. Regardless of the reason behind the stock trimming, it is clear that Exchange Traded Concepts LLC is taking a cautious approach when it comes to investing in MASTERCRAFT BOAT. This suggests that they have done their due diligence on the company and believe that there is potential for long-term growth. While the news may have come as a surprise to some investors, it may also be a sign that Exchange Traded Concepts LLC is taking steps to ensure that their clients are well-positioned for success in the future.
Stock Price
On Thursday, MASTERCRAFT BOAT opened at $26.1 and closed at $25.8, down by 1.7% from the previous closing price of $26.2. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mastercraft Boat. More…
| Total Revenues | Net Income | Net Margin |
| 746.73 | 51.9 | 11.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mastercraft Boat. More…
| Operations | Investing | Financing |
| 105.35 | -18.67 | -57.51 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mastercraft Boat. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 281.74 | 137.55 | 8.01 |
Key Ratios Snapshot
Some of the financial key ratios for Mastercraft Boat are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.7% | 21.6% | 12.6% |
| FCF Margin | ROE | ROA |
| 11.5% | 40.8% | 20.8% |
VI Analysis – Mastercraft Boat Intrinsic Value
MASTERCRAFT BOAT is a company whose fundamentals reflect its long-term potential. The VI app provides a simple way to analyze the company’s financials. According to the app, the fair value of MASTERCRAFT BOAT stock is around $34.4. Currently, the stock is trading at $25.8, which is 25% lower than the fair value. This means that the stock is undervalued and investors have the opportunity to buy the stock at a discounted price. The company’s financials are healthy, with a strong balance sheet and a good cash flow position. The company has a history of meeting or exceeding analyst estimates and has consistently delivered positive earnings growth. The company has also been able to increase its dividend payout in recent years, which is a sign of financial strength. MASTERCRAFT BOAT is well-positioned in its industry and has a loyal customer base. The company’s products are well-known and it has a solid reputation for quality and reliability. It also has a proven track record of innovation, which provides it with an edge over its competitors. The company’s future looks bright and it is well-positioned to capitalize on future growth opportunities. The stock’s current undervaluation presents investors with a good opportunity to buy the stock at a discount. With strong fundamentals and a good market position, MASTERCRAFT BOAT looks like a good long-term investment. More…
VI Peers
MasterCraft Boat Holdings Inc is a leading designer and manufacturer of premium inboard wakeboard, ski and luxury performance boats. The company’s boats are sold under the MasterCraft brand, as well as under the Nautique, Moomba, Supra, and XStar brands. The company operates in four segments: North America, Europe, Asia, and Other International. The Limestone Boat Co Ltd, Maiden Lane Jewelry Ltd, Malibu Boats Inc are its main competitors.
– The Limestone Boat Co Ltd ($TSXV:BOAT)
The Limestone Boat Co Ltd is a company that manufactures and sells boats. The company has a market cap of 5.38M as of 2022 and a return on equity of 247.14%. The company’s products are sold through its network of dealers and distributors in the United States, Canada, and Europe. The company was founded in 1971 and is headquartered in Kingston, Ontario, Canada.
– Maiden Lane Jewelry Ltd ($OTCPK:MDNL)
Maiden Lane Jewelry Ltd is a jewelry company with a market cap of 5.77M as of 2022. The company has a Return on Equity of -27.96%. The company designs, manufactures, and sells jewelry products.
– Malibu Boats Inc ($NASDAQ:MBUU)
Malibu Boats is a leading manufacturer of recreational boats in the United States. The company has a market cap of 980.44 million as of 2022 and a return on equity of 27.7%. Malibu Boats designs, manufactures, markets, and sells recreational powerboats under the Malibu and Axis brand names. The company offers a range of boat models, including wakeboard boats, ski boats, and performance boats. Malibu Boats also manufactures boats for the US Coast Guard and the US Navy.
Summary
Investing in MASTERCRAFT BOAT is a great way to diversify your portfolio and capitalize on the potential of the recreational boating industry. MASTERCRAFT BOAT is one of the leading manufacturers of luxury boats in the world, offering a wide range of models that are ideal for water sports, fishing, and cruising. The company is publicly traded and its stock is available through various exchanges, allowing investors to buy and sell shares with ease. The recreational boating industry has seen strong growth in recent years and MASTERCRAFT BOAT has taken advantage of this, developing a strong presence in the market and expanding its product line to meet the needs of customers. The company offers a wide range of models for different budgets and needs, meaning that investors can find an option that fits their preferences. Investing in MASTERCRAFT BOAT stock also provides investors with access to a number of financial benefits, including the potential for dividends and capital gains. Dividend payments are often paid out quarterly, providing investors with a steady stream of income, while capital gains can be enjoyed when the value of the stock rises.
Additionally, the company’s stock is often less volatile than other stocks, meaning that investors can benefit from its stability while still enjoying the potential for returns. The company focuses on customer satisfaction, meaning that investors can rest assured that their money is being spent on a company that is committed to excellence. Additionally, the company’s commitment to sustainability and the environment means that investors can enjoy the peace of mind that comes with investing in a socially responsible business.
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