Analysts Set MASTERCRAFT BOAT HOLDINGS, INC. (NASDAQ:MCFT) Price Target at $22.20

Key Points

• Mastercraft Boat Holdings, Inc. has received a consensus rating of "Hold" from six brokerages, with five analysts maintaining a hold rating and one assigning a buy rating.
• The company recently reported earnings of $0.40 per share, significantly surpassing analysts' expectations of $0.18, and its quarterly revenue increased by 46.4% year-over-year.
• Analysts have set an average one-year price target for the stock at $22.20, with various firms adjusting their price targets ranging from $17.00 to $25.00.

MASTERCRAFT BOAT HOLDINGS, INC. (NASDAQ:MCFT - Get Free Report) has been assigned an average rating of "Hold" from the six ratings firms that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $22.20.

A number of equities analysts recently commented on MCFT shares. B. Riley lifted their price target on shares of MASTERCRAFT BOAT from $17.00 to $23.00 and gave the stock a "neutral" rating in a research note on Thursday, August 28th. Truist Financial boosted their price objective on shares of MASTERCRAFT BOAT from $16.00 to $17.00 and gave the company a "hold" rating in a research report on Thursday, May 8th. Raymond James Financial boosted their price objective on shares of MASTERCRAFT BOAT from $21.00 to $25.00 and gave the company an "outperform" rating in a research report on Thursday, August 28th. Wall Street Zen upgraded shares of MASTERCRAFT BOAT from a "hold" rating to a "strong-buy" rating in a report on Saturday. Finally, Robert W. Baird boosted their price target on shares of MASTERCRAFT BOAT from $20.00 to $24.00 and gave the company a "neutral" rating in a report on Thursday, August 28th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MCFT. JPMorgan Chase & Co. raised its stake in shares of MASTERCRAFT BOAT by 7.5% during the 4th quarter. JPMorgan Chase & Co. now owns 7,837 shares of the company's stock worth $149,000 after acquiring an additional 544 shares in the last quarter. Wells Fargo & Company MN increased its stake in MASTERCRAFT BOAT by 31.6% during the 4th quarter. Wells Fargo & Company MN now owns 14,160 shares of the company's stock valued at $270,000 after purchasing an additional 3,399 shares in the last quarter. Barclays PLC increased its stake in MASTERCRAFT BOAT by 7.9% during the 4th quarter. Barclays PLC now owns 35,936 shares of the company's stock valued at $684,000 after purchasing an additional 2,621 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in MASTERCRAFT BOAT by 7.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 842,945 shares of the company's stock valued at $16,075,000 after purchasing an additional 57,729 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in MASTERCRAFT BOAT by 260.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,210 shares of the company's stock valued at $118,000 after purchasing an additional 4,487 shares in the last quarter. Institutional investors own 97.64% of the company's stock.

MASTERCRAFT BOAT Stock Up 0.4%

NASDAQ MCFT traded up $0.08 on Monday, reaching $22.27. The company had a trading volume of 150,299 shares, compared to its average volume of 158,176. MASTERCRAFT BOAT has a 12 month low of $14.39 and a 12 month high of $23.50. The stock has a market capitalization of $363.22 million, a PE ratio of 50.61 and a beta of 1.03. The firm's 50 day moving average price is $20.21 and its 200 day moving average price is $18.25.

MASTERCRAFT BOAT (NASDAQ:MCFT - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.22. MASTERCRAFT BOAT had a net margin of 2.48% and a return on equity of 7.01%. The business had revenue of $79.52 million during the quarter, compared to analysts' expectations of $70.45 million. During the same period last year, the company posted ($0.04) EPS. The business's revenue was up 46.4% on a year-over-year basis. MASTERCRAFT BOAT has set its FY 2026 guidance at 1.150-1.40 EPS. Q1 2026 guidance at 0.160-0.160 EPS. On average, research analysts expect that MASTERCRAFT BOAT will post 0.62 EPS for the current year.

About MASTERCRAFT BOAT

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.