Weekly Comments – September 5, 2023 – AMWD, MBUU, MCFT, NSSC, NX, OXM

AMWD  –  Updated outlook following quarter financial report.  Shares of American Woodmark soared through the end of last week after the Company delivered a strong upside surprise in the fiscal first quarter earnings.  Sales did decrease year-over-year by…

MBUU  –  Revised trading tactics following price movement on quarter financial report.  Last week Malibu Boats reported a 5.4% year-over-year increase in sales to $372.8 million in the fiscal fourth quarter ending June 2023.  While unit volume decrease, price…

MCFT  –  Updated view following quarter earnings release.  MasterCraft Boat Holdings closed out the fiscal year with $166.6 million in total sales in its fiscal fourth quarter ending June 2023.  Sales did not compare favorably with the prior-year quarter when…

NSSC  –  Updated outlook on quarter financial disclosure.  After reporting record sales and earnings in the fiscal fourth quarter ending June 2023, shares of Napco Security Technologies managed a nascent share price recovery.  By the end of trading last week,…

NX  –  Revised view following financial report.  Before the open of the last trading session last week, Quanex Building Products reported $299.6 million in total sales in the fiscal third quarter ending July 2023.  This was well below the same quarter in the…

OXM  –  Updated outlook following quarter financial report.  In the final day of trading last week, shares of Oxford Industries formed a particularly bullish indicator called a Bullish Engulfing candlestick signal.  The signal is composed of two candlesticks, the…

 

You need to be logged in to view the rest of the content. Please . Not a Member? Join Us