Mastercraft Boat (NASDAQ:MCFT) Issues Q1 2026 Earnings Guidance

Key Points

• Mastercraft Boat has issued Q1 2026 earnings guidance with an EPS estimate of 0.160, below the consensus of 0.252, and revenue guidance of $67.0 million compared to $74.8 million expected.
• Analysts have recently downgraded Mastercraft Boat, with Raymond James lowering the price objective from $24.00 to $21.00, while Wall Street Zen upgraded the stock from a "sell" to a "hold" rating.
• Institutional investors hold 97.64% of Mastercraft Boat's stock, with significant purchases from Corient Private Wealth LLC and State of Wyoming in the second quarter.

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.160-0.160 for the period, compared to the consensus estimate of 0.252. The company issued revenue guidance of $67.0 million-$67.0 million, compared to the consensus revenue estimate of $74.8 million. Mastercraft Boat also updated its FY 2026 guidance to 1.150-1.40 EPS.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Raymond James Financial lowered their price objective on shares of Mastercraft Boat from $24.00 to $21.00 and set an "outperform" rating for the company in a research note on Thursday, May 8th. Wall Street Zen upgraded shares of Mastercraft Boat from a "sell" rating to a "hold" rating in a research note on Saturday, May 10th. Finally, Truist Financial lifted their price objective on shares of Mastercraft Boat from $16.00 to $17.00 and gave the stock a "hold" rating in a research note on Thursday, May 8th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Mastercraft Boat presently has an average rating of "Hold" and a consensus target price of $20.00.

Mastercraft Boat Price Performance

Shares of Mastercraft Boat stock opened at $20.90 on Wednesday. The firm has a fifty day moving average price of $19.71 and a 200 day moving average price of $18.11. Mastercraft Boat has a 1 year low of $14.39 and a 1 year high of $23.00. The stock has a market cap of $346.94 million, a PE ratio of -53.59 and a beta of 1.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Wyoming purchased a new position in Mastercraft Boat in the second quarter valued at $61,000. Corient Private Wealth LLC purchased a new position in Mastercraft Boat in the second quarter valued at $2,065,000. Bridgeway Capital Management LLC increased its holdings in Mastercraft Boat by 6.0% in the second quarter. Bridgeway Capital Management LLC now owns 147,582 shares of the company's stock valued at $2,742,000 after buying an additional 8,368 shares in the last quarter. Quantinno Capital Management LP increased its holdings in Mastercraft Boat by 18.0% in the second 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. Finally, Marshall Wace LLP purchased a new position in Mastercraft Boat in the second quarter valued at $684,000. Hedge funds and other institutional investors own 97.64% of the company's stock.

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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