Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts have a consensus "Hold" rating on Mastercraft (six holds, one buy) with an average 12‑month price target of $23.60.
• Mastercraft beat quarterly expectations with $0.29 EPS vs. $0.16 est. and revenue of $71.76M (up 13.2% y/y), and set Q3 2026 guidance at 0.350 EPS and FY2026 guidance of 1.450–1.600 EPS.
• Insiders have been net sellers recently (Forager sold 30,131 shares; 87,841 shares sold in the quarter worth about $2.07M), while institutional ownership remains very high at about 97.64%.

Shares of Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT - Get Free Report) have received a consensus rating of "Hold" from the seven brokerages that are covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $23.60.

A number of brokerages have recently issued reports on MCFT. B. Riley Financial reiterated a "neutral" rating on shares of Mastercraft Boat in a report on Friday, February 6th. Weiss Ratings reiterated a "hold (c)" rating on shares of Mastercraft Boat in a report on Friday, March 27th. Loop Capital began coverage on Mastercraft Boat in a report on Monday, December 22nd. They issued a "hold" rating and a $21.00 price target on the stock. Robert W. Baird set a $28.00 price target on Mastercraft Boat in a report on Friday, February 6th. Finally, Seaport Research Partners upgraded Mastercraft Boat to a "hold" rating in a report on Monday, December 22nd.

Mastercraft Boat Stock Up 1.6%

MCFT opened at $21.87 on Tuesday. Mastercraft Boat has a 52 week low of $14.59 and a 52 week high of $26.49. The stock's fifty day moving average is $21.70 and its two-hundred day moving average is $20.70. The company has a market capitalization of $356.15 million, a P/E ratio of 22.78 and a beta of 1.06.

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.13. Mastercraft Boat had a return on equity of 9.51% and a net margin of 5.27%.The business had revenue of $71.76 million for the quarter, compared to the consensus estimate of $68.79 million. During the same period last year, the business posted $0.10 EPS. The business's revenue was up 13.2% compared to the same quarter last year. Mastercraft Boat has set its Q3 2026 guidance at 0.350-0.350 EPS and its FY 2026 guidance at 1.450-1.600 EPS. Equities analysts anticipate that Mastercraft Boat will post 0.62 earnings per share for the current year.

Insiders Place Their Bets

In related news, major shareholder Fund L.P. Forager sold 30,131 shares of the business's stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $23.43, for a total transaction of $705,969.33. Following the transaction, the insider directly owned 1,637,774 shares in the company, valued at $38,373,044.82. The trade was a 1.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders sold 87,841 shares of company stock worth $2,069,264. 2.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. New York State Teachers Retirement System purchased a new position in Mastercraft Boat during the 3rd quarter worth $32,000. State of Alaska Department of Revenue acquired a new position in shares of Mastercraft Boat in the 4th quarter valued at about $42,000. State of Wyoming acquired a new position in shares of Mastercraft Boat in the 2nd quarter valued at about $61,000. Kemnay Advisory Services Inc. acquired a new position in shares of Mastercraft Boat in the 4th quarter valued at about $63,000. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Mastercraft Boat in the 3rd quarter valued at about $74,000. 97.64% of the stock is currently owned by hedge funds and other institutional investors.

About Mastercraft Boat

MasterCraft Boat Holdings, Inc NASDAQ: MCFT is a designer, manufacturer and marketer of high-performance recreational powerboats. The company's portfolio includes the MasterCraft®, Aviara®, Crest® Classic and Supra® brands, each of which features multiple model lines tailored for activities such as wakeboarding, waterskiing, cruising and luxury day boating. MasterCraft oversees the full product lifecycle from hull design and propulsion engineering to interior appointments and final assembly.

Founded in 1968 and headquartered in Vonore, Tennessee, MasterCraft has built a reputation for innovation in hull design, ballast systems and tower architecture to enhance wake performance and ride quality.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.