Arctic Cat Inc. (NASDAQ:ACAT)’s share price rose 4.8% on Thursday . The stock traded as high as $15.67 and last traded at $15.67, with a volume of 111,688 shares changing hands. The stock had previously closed at $14.95.

ACAT has been the subject of several recent analyst reports. Robert W. Baird reaffirmed a “buy” rating on shares of Arctic Cat in a research note on Monday, April 11th. Feltl & Co. downgraded shares of Arctic Cat from a “hold” rating to a “sell” rating and set a $12.00 target price for the company. in a research note on Friday, July 29th. Zacks Investment Research downgraded shares of Arctic Cat from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 17th. Wells Fargo & Co. reaffirmed a “hold” rating on shares of Arctic Cat in a research note on Monday, May 16th. Finally, Wunderlich lowered their target price on shares of Arctic Cat from $11.00 to $10.00 and set a “sell” rating for the company in a research note on Thursday, May 12th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $15.00.

The firm’s market capitalization is $203.65 million. The firm’s 50-day moving average price is $16.85 and its 200-day moving average price is $15.86.

Arctic Cat (NASDAQ:ACAT) last issued its quarterly earnings results on Friday, July 29th. The company reported ($0.81) earnings per share for the quarter, missing the consensus estimate of ($0.36) by $0.45. During the same period in the previous year, the firm earned ($0.08) EPS. The firm earned $104.90 million during the quarter, compared to analysts’ expectations of $117.81 million. Arctic Cat’s quarterly revenue was down 22.0% on a year-over-year basis. On average, analysts forecast that Arctic Cat Inc. will post ($0.83) EPS for the current year.

In related news, Director Andrew S. Duff purchased 5,000 shares of Arctic Cat stock in a transaction dated Wednesday, August 3rd. The stock was purchased at an average cost of $14.89 per share, for a total transaction of $74,450.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Arctic Cat Inc designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles (ATVs) and recreational off-highway vehicles (side-by-sides or ROVs), as well as related parts, garments and accessories. The Company offers its products under the Arctic Cat and MotorFist brand names. The Company’s operations include three operating segments: snowmobile, ATV and parts, garments and accessories (PG&A).

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