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

Key Points

• Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) has received a consensus rating of "Hold" from analysts, with a target price of $22.20.
• Recent reports from research firms, including Raymond James and B. Riley, have raised the stock's price target, indicating positive sentiment with some analysts shifting to "strong-buy" ratings.
• The company reported a 46.4% increase in revenue year-over-year, with earnings per share (EPS) of $0.40 for the last quarter, significantly outperforming estimates.

Shares of Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT - Get Free Report) have been assigned a consensus rating of "Hold" from the seven analysts that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $22.20.

Several research firms have recently commented on MCFT. Raymond James Financial boosted their price target on Mastercraft Boat from $21.00 to $25.00 and gave the stock an "outperform" rating in a research report on Thursday, August 28th. Wall Street Zen raised Mastercraft Boat from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 30th. Weiss Ratings reissued a "hold (c-)" rating on shares of Mastercraft Boat in a research report on Wednesday, October 8th. B. Riley boosted their price target on Mastercraft Boat from $17.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, August 28th. Finally, Robert W. Baird boosted their price target on Mastercraft Boat from $20.00 to $24.00 and gave the stock a "neutral" rating in a research report on Thursday, August 28th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. State of Wyoming acquired a new position in Mastercraft Boat during the 2nd quarter valued at about $61,000. GAMMA Investing LLC increased its position in Mastercraft Boat by 6,422.7% during the 1st quarter. GAMMA Investing LLC now owns 8,610 shares of the company's stock valued at $148,000 after buying an additional 8,478 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in Mastercraft Boat by 8.2% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 13,200 shares of the company's stock valued at $227,000 after buying an additional 1,000 shares in the last quarter. Jane Street Group LLC acquired a new position in Mastercraft Boat during the 1st quarter valued at about $236,000. Finally, Quantinno Capital Management LP increased its position in Mastercraft Boat by 18.0% during the 2nd quarter. Quantinno Capital Management LP now owns 16,327 shares of the company's stock valued at $303,000 after buying an additional 2,496 shares in the last quarter. 97.64% of the stock is owned by institutional investors and hedge funds.

Mastercraft Boat Trading Up 1.6%

Shares of MCFT stock opened at $21.06 on Tuesday. Mastercraft Boat has a twelve month low of $14.39 and a twelve month high of $23.93. The stock has a market capitalization of $343.07 million, a price-to-earnings ratio of 47.86 and a beta of 0.97. The stock has a fifty day simple moving average of $21.48 and a two-hundred day simple moving average of $19.20.

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.18 by $0.22. The firm had revenue of $79.52 million during the quarter, compared to analyst estimates of $70.45 million. Mastercraft Boat had a return on equity of 7.01% and a net margin of 2.48%.The business's revenue for the quarter was up 46.4% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.04) EPS. Mastercraft Boat has set its FY 2026 guidance at 1.150-1.40 EPS. Q1 2026 guidance at 0.160-0.160 EPS. Research analysts predict that Mastercraft Boat will post 0.62 EPS for the current fiscal year.

Mastercraft Boat Company Profile

MasterCraft Boat Holdings, Inc, through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through MasterCraft, Crest, and Aviara segments. The MasterCraft segment produces premium recreational performance sport boats primarily used for water skiing, wakeboarding, wake surfing, and general recreational boating.

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