Mastercraft Boat (NASDAQ:MCFT) Stock Moved Up to Hold by Zacks Research

Key Points

• Zacks Research upgraded MasterCraft Boat from “strong sell” to “hold.” Analyst sentiment remains cautious overall: MarketBeat reports five Hold ratings and one Sell, with an average rating of “Reduce” and a $22.75 consensus price target.
• Recent quarterly results beat estimates, with EPS of $0.50 versus a $0.36 consensus and revenue of $154.1 million versus $67.19 million expected. However, the company reported a negative net margin of 0.48%.
• MCFT shares opened at $19.85; the stock’s 52-week range is $17.19 to $28.44.

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) was upgraded by equities research analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a note issued to investors on Monday, Zacks reports.

Other equities research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Mastercraft Boat to a "hold" rating in a research note on Saturday, October 10th. Robert W. Baird dropped their target price on shares of Mastercraft Boat from $30.00 to $26.00 and set a "neutral" rating for the company in a research report on Friday, September 11th. Truist Financial cut their price target on shares of Mastercraft Boat from $28.00 to $22.00 and set a "hold" rating for the company in a report on Friday, October 23rd. Weiss Ratings downgraded shares of Mastercraft Boat from a "hold (c)" rating to a "sell (d+)" rating in a report on Friday, September 11th. Finally, B. Riley Financial reiterated a "neutral" rating and set a $22.00 price target (down from $25.00) on shares of Mastercraft Boat in a research report on Wednesday, September 16th. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Mastercraft Boat has an average rating of "Reduce" and a consensus target price of $22.75.

Mastercraft Boat Price Performance

Shares of NASDAQ MCFT opened at $19.85 on Monday. The business has a fifty day moving average price of $20.45 and a two-hundred day moving average price of $22.48. The stock has a market capitalization of $480.85 million, a PE ratio of -992.00 and a beta of 1.10. Mastercraft Boat has a fifty-two week low of $17.19 and a fifty-two week high of $28.44.

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) last released its earnings results on Tuesday, November 10th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.14. Mastercraft Boat had a positive return on equity of 11.08% and a negative net margin of 0.48%. The company had revenue of $154.14 million for the quarter, compared to analyst estimates of $67.19 million. On average, equities analysts expect that Mastercraft Boat will post 1.66 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Royce & Associates LP grew its holdings in shares of Mastercraft Boat by 5.1% during the 3rd quarter. Royce & Associates LP now owns 432,737 shares of the company's stock valued at $8,568,000 after purchasing an additional 20,840 shares during the last quarter. CenterBook Partners LP bought a new position in Mastercraft Boat in the 3rd quarter valued at approximately $8,025,000. Inspire Investing LLC lifted its stake in Mastercraft Boat by 20.7% in the 3rd quarter. Inspire Investing LLC now owns 32,009 shares of the company's stock valued at $634,000 after purchasing an additional 5,499 shares during the last quarter. SummerHaven Investment Management LLC acquired a new stake in Mastercraft Boat in the third quarter valued at approximately $775,000. Finally, State of Alaska Department of Revenue boosted its position in Mastercraft Boat by 56.5% in the third quarter. State of Alaska Department of Revenue now owns 3,543 shares of the company's stock valued at $69,000 after buying an additional 1,279 shares in the last quarter. Institutional investors and hedge funds own 97.64% of the company's stock.

Mastercraft Boat News Summary

Here are the key news stories impacting Mastercraft Boat this week:

• Positive Sentiment: For the three months ended October 4, 2026, MCFT earned $0.50 per share, up from $0.28 a year earlier and above analyst estimates of $0.44 in one report ($0.36 in another). Revenue reached $154.1 million, well above the reported $67.19 million consensus estimate; a separate report said revenue rose 123.4%. MCFT Q1 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: The results cover a transition period following MCFT’s May 2026 merger with Marine Products. That expanded business makes comparisons and consensus estimates harder to interpret, so investors may look for more detail on ongoing performance across the combined operations. Company earnings release
• Negative Sentiment: Despite the earnings beat, the company reported a net margin of negative 0.48%, a sign that the strong sales and per-share earnings did not translate into a positive net margin for the period. MasterCraft reports first-quarter results

About Mastercraft Boat

MasterCraft Boat Holdings, Inc. designs, manufactures and sells recreational powerboats. The company serves the premium marine market with boats intended for water sports, cruising, fishing and general leisure use. Its portfolio has included MasterCraft performance ski and wake boats, Crest pontoon boats and Aviara luxury day boats. MasterCraft boats are known for water-sports features such as wake-shaping systems, while the company's other brands address broader recreational boating needs, including spacious pontoon and luxury day-boat segments.

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