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$10.14 0.06 (0.60%)
8/28/2008 4:00 PM

Arctic Cat, Inc. (ACAT)

CAPS Rating:
*

The Company operates in a single industry segment and designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles under the Arctic Cata brand name, as well as related parts, garments and accessories.

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What the Community Thinks

Total Members

16 Outperforms
19 Underperforms
 

All-Stars

7 Outperforms
13 Underperforms
 

Wall Street

0 Outperforms
1 Underperforms
 

Members bullish on ACAT are also bullish on:

Members bearish on ACAT are also bearish on:

Ticker Tags

Micro Cap (4824), Recreational Vehicles (15)
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Arctic Cat, Inc. At A Glance

Current Price: $10.14
Last Trade Time: 8/28/2008 4:00 PM
Open: $10.07
Previous Close: $10.08
Daily Range: $9.90 - $10.18
52-Week Range: $6.30 - $17.95
Volume: 46,336
Market Cap: $120.61M
P/E Ratio: 10.11
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Stock Trends

ACAT VS S&P 500 (SPY)

ACAT 12 month chart vs. S&P

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Top Bull Pitch

Recs

1

Arctic Cat, Inc. (ACAT)

Avatar asgeirss (< 20) Submitted: 12/25/07 5:43 PM

Vélsléðar

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Top Bear Pitch

Recs

1

Arctic Cat, Inc. (ACAT)

Avatar Jeffreyw (86.30) Submitted: 4/15/08 5:57 PM

This one falls into the luxury/toys department. Sure their fun, but gas prices are reaching all-time highs and the economy is suffering, so new sales are down. Maybe global warming is hurting snowmobile sales as well.

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Recs

1

 (ACAT)

Avatar Jeffreyw (86.30) Submitted: 4/15/08 5:57 PM : Underperform Start Price: $9.05 ACAT Score: -20.52

This one falls into the luxury/toys department. Sure their fun, but gas prices are reaching all-time highs and the economy is suffering, so new sales are down. Maybe global warming is hurting snowmobile sales as well.

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Recs

2

 (ACAT)

Avatar agridealer (98.48) Submitted: 1/04/08 3:26 PM : Underperform Start Price: $8.98 ACAT Score: -20.84

I saw this coming, but didn't get in until today's implosion. This company is still trading on it's pre-1985 good name. Current company is in a bad niche, and mismanaged. Good Bye Arctic Cat, again.

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Recs

1

 (ACAT)

Avatar asgeirss (< 20) Submitted: 12/25/07 5:43 PM : Outperform Start Price: $12.48 ACAT Score: -6.31

Vélsléðar

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Recs

2

 (ACAT)

Avatar jimc69 (22.48) Submitted: 6/14/07 6:03 PM : Outperform Start Price: $19.10 ACAT Score: -31.94

non-union

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Recs

3

 (ACAT)

Avatar NetscribeConsGds (84.28) Submitted: 2/07/07 12:51 AM : Underperform Start Price: $17.20 ACAT Score: 30.75

Arctic Cat engages in the design, engineering, manufacture, and marketing of snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat brand name. The company also offers Arctic Cat snowmobile and ATV parts, garments, and accessories. The company markets its products through a network of independent dealers located throughout the United States, Canada and Europe and through distributors representing dealers in Europe, the Middle East, Asia and other international markets.

Arctic Cat faces intense competition from players like Polaris, Yamaha, BRP and Kawasaki to name a few. Business is seasonal in nature and hence significantly relies on the snow conditions. Industry-wide snowmobile sales to retail customers in North America has declined from approximately 189,000 units in 2000 to 135,000 units in 2006 due to declining snow levels. This does not bode well for Arctic Cat, which currently generates about 40% of its revenues from snowmobile sales. Revenues growth from parts, garments and accessories have been flat and no surge is expected as its fortunes depend on the slowing snowmobile market.

The contribution from ATV segment has shown decent year-to-date fiscal performance driven by its Prowler UTV model. On a positive note, management continues to expand its ATV business by developing new products like the recently launched ATV that runs on diesel. However, the overall revenue growth of the company has declined over the years, margin pressures are likely to aggravate in 2007 as promotions related to sales incentives on snowmobiles are to rise. Further, management expects loss in the fourth quarter and a lower revenue growth for fiscal ‘07 considering the soft industrial environment. Considering these facts, stock is expected to enter a bearish a trend.

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Member NameMember RatingStart
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TrackRBCCapMkts 91.78 09/13/06 Underperform NS $15.48-34.49%-1.07%+33.42

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