Mastercraft Boat (NASDAQ:MCFT) Releases FY 2026 Earnings Guidance

Key Points

• Mastercraft Boat has updated its FY 2026 earnings guidance, projecting EPS of $1.150-$1.40 and revenue of $295.0 million-$310.0 million, significantly exceeding consensus estimates.
• Despite this positive guidance, Mastercraft's stock is currently trading down 2.1% at $20.90, with a market cap of $346.94 million.
• Recent analyst reports show a mixed outlook, with ratings ranging from "buy" to "hold," and a consensus target price of $20.00 for the stock.

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.150-1.40 for the period, compared to the consensus estimate of 0.706. The company issued revenue guidance of $295.0 million-$310.0 million, compared to the consensus revenue estimate of $274.9 million.

Mastercraft Boat Trading Down 2.1%

NASDAQ:MCFT opened at $20.90 on Wednesday. The company's 50-day moving average price is $19.71 and its 200-day moving average price is $18.11. The company has a market cap of $346.94 million, a P/E ratio of -53.59 and a beta of 1.00. Mastercraft Boat has a twelve month low of $14.39 and a twelve month high of $23.00.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Truist Financial boosted their price target on shares of Mastercraft Boat from $16.00 to $17.00 and gave the company a "hold" rating 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 report on Saturday, May 10th. Finally, Raymond James Financial reduced 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 report 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. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $20.00.

Hedge Funds Weigh In On Mastercraft Boat

A number of large investors have recently made changes to their positions in the stock. State of Wyoming acquired a new stake in Mastercraft Boat in the 2nd quarter valued at about $61,000. Jane Street Group LLC acquired a new stake in Mastercraft Boat in the 1st quarter valued at about $236,000. Quantinno Capital Management LP grew its stake in Mastercraft Boat by 18.0% in the 2nd quarter. Quantinno Capital Management LP now owns 16,327 shares of the company's stock valued at $303,000 after acquiring an additional 2,496 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Mastercraft Boat during the 2nd quarter worth about $684,000. Finally, First Trust Advisors LP boosted its stake in shares of Mastercraft Boat by 3.1% during the 2nd quarter. First Trust Advisors LP now owns 41,276 shares of the company's stock worth $767,000 after purchasing an additional 1,259 shares during the last quarter. Hedge funds and other institutional investors own 97.64% of the company's stock.

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.

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