Source: Financial Modeling Prep · peers by sector/industry
2024-02-08
$0.1400
2024-03-11
2023-11-09
$0.1400
2023-12-11
Stock splits
Execution date
Ratio
2005-03-11
3-for-2
2004-03-11
3-for-2
Insider activity (SEC Form 4)
No recent Form 4 filings on EDGAR — either no insider transactions reported recently or this isn't a SEC-registered issuer.
Valuation
Trading at 19.4× earnings vs its 15.9× historical median P/E.
Fair value ≈ $6.70 · price $8.18 today
Overvalued · 22% above
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Fair-value line = the stock's median historical P/E × earnings. Price below the orange line = cheap vs its own history; above = expensive. Not investment advice.
MasterCraft Boat Holdings announced a definitive cash-and-stock deal to acquire Marine Products Corporation for about $232.2 million, combining two leading U.S. recreational boat manufacturers. The transaction brings together a diversified brand portfolio including MasterCraft, Crest, Balise, Chaparral, and Robalo. Marine Products shares fell 16% following the announcement.
Under the terms, Marine Products shareholders will receive $2.43 per share in cash plus 0.232 shares of MasterCraft stock, valuing Marine Products at $7.79 per share based on MasterCraft’s Feb. 4 closing price. The deal values Marine Products at roughly 7.2x expected EBITDA for the twelve months ending June 30, 2026, after adjustments. Post-closing, MasterCraft shareholders will own about 66.5% of the combined company and Marine Products shareholders 33.5%.
$MCFT $MPX
MasterCraft is buying $MPX for $232M ($7.79/share) in cash & stock. MasterCraft will own 66.5% of the combined company. $MCFT management expects that the transaction will be accretive to adjusted EPS in Fiscal 2027.
M&A news:
$MCFT MasterCraft Boat Holdings, Inc. and Marine Products Corporation $MPX Combine, Creating a Diversified Portfolio of Proven Recreational Marine Brands.
Special Committee of BARK retained top-10 financial and legal advisors to evaluate the two buy-out proposal they received at $0.90 and $1.10 in cash.
$MPX
Current Stock Price: $9.46
Contracts to trade: $10 MPX Jan 16 2026 Call
Entry: $0.05
Exit: $0.07
ROI: 52%
Hold ~31 days
Shared as daily free alerts and for educational purposes only. https://dailypickai.com/freealerts
