MasterCraft Boat (MCFT) Stock Price, News & Analysis

Company Overview

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. Crest segment provides pontoon boats for use in general recreational boating. The Aviara segment produces luxury day boats for use in general recreational boating. The company also offers ski/wake, outboard, and sterndrive boats, as well as various accessories, including trailers and aftermarket parts. It sells its boats under the MasterCraft, Crest, and Aviara brands through a network of independent dealers in North America and internationally. The company was formerly known as MCBC Holdings, Inc. and changed its name to MasterCraft Boat Holdings, Inc. in November 2018. MasterCraft Boat Holdings, Inc. was incorporated in 2000 and is headquartered in Vonore, Tennessee.

Key Stats

• Today's Range: $18.03 to $18.50
• 50-Day Range: $16.65 to $21.88
• 52-Week Range: $16.23 to $24.05
• Volume: 327,667 shs
• Average Volume: 161,399 shs
• Market Capitalization: $313.98 million
• P/E Ratio: 8.33
• Dividend Yield: N/A
• Price Target: $19.20
• Consensus Rating: Hold

MasterCraft Boat Stock Analysis - MarketRank™

MasterCraft Boat scored higher than 63% of companies evaluated by MarketBeat, and ranked 151st out of 295 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

MasterCraft Boat has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

MasterCraft Boat has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 173.47%

Earnings Growth

Earnings for MasterCraft Boat are expected to grow by 173.47% in the coming year, from $0.49 to $1.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MasterCraft Boat is 8.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of MasterCraft Boat is 8.33, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.27.

Price to Book Value per Share Ratio

MasterCraft Boat has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.53% of the float of MasterCraft Boat has been sold short.

Short Interest Ratio / Days to Cover

MasterCraft Boat has a short interest ratio ("days to cover") of 7.5.

Change versus previous month

Short interest in MasterCraft Boat has recently increased by 8.80%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MasterCraft Boat does not currently pay a dividend.

Dividend Growth

MasterCraft Boat does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.0 / 5
• Environmental Score: -5.80

Percentage of Shares Shorted

8.53% of the float of MasterCraft Boat has been sold short.

Short Interest Ratio / Days to Cover

MasterCraft Boat has a short interest ratio ("days to cover") of 7.5.

Change versus previous month

Short interest in MasterCraft Boat has recently increased by 8.80%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

MasterCraft Boat has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 1 news article for MasterCraft Boat this week, compared to 2 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, MasterCraft Boat insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,222,861.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 2.50% of the stock of MasterCraft Boat is held by insiders.

Percentage Held by Institutions

97.64% of the stock of MasterCraft Boat is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MCFT Stock Analysis - Frequently Asked Questions

How have MCFT shares performed this year?

MasterCraft Boat's stock was trading at $22.64 at the beginning of 2024. Since then, MCFT shares have decreased by 18.3% and is now trading at $18.49.
View the best growth stocks for 2024 here.

How were MasterCraft Boat's earnings last quarter?

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) released its quarterly earnings results on Thursday, August, 29th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.18. The business's revenue for the quarter was down 59.7% compared to the same quarter last year.

When did MasterCraft Boat IPO?

MasterCraft Boat (MCFT) raised $85 million in an initial public offering on Friday, July 17th 2015. The company issued 6,100,000 shares at $13.00-$15.00 per share. Baird, Raymond James and Wells Fargo Securities served as the underwriters for the IPO and KeyBanc Capital Markets and Wunderlich were co-managers.

Who are MasterCraft Boat's major shareholders?

Top institutional shareholders of MasterCraft Boat include Systematic Financial Management LP (5.67%), Dimensional Fund Advisors LP (4.21%), American Century Companies Inc. (2.33%) and Renaissance Technologies LLC (1.26%). Insiders that own company stock include Coliseum Capital Management, L and Donald C Campion.
View institutional ownership trends.

How do I buy shares of MasterCraft Boat?

Shares of MCFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of MasterCraft Boat own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MasterCraft Boat investors own include ITT Educational Services (ESINQ), Malibu Boats (MBUU), Nektar Therapeutics (NKTR), THOR Industries (THO), Western Digital (WDC), Applied Materials (AMAT) and United Parcel Service (UPS).

Company Calendar

• Last Earnings: 8/29/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Ship & boat building & repairing
• Sub-Industry: Shipbuilding, Railroad Equipment
• Current Symbol: NASDAQ:MCFT
• CUSIP: N/A
• CIK: 1638290
• Web: www.mastercraft.com
• Phone: (423) 884-2221
• Fax: N/A
• Employees: 1,060
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $19.20
• High Stock Price Target: $23.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +5.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.22
• Trailing P/E Ratio: 8.19
• Forward P/E Ratio: 37.12
• P/E Growth: N/A
• Net Income: $7.80 million
• Net Margins: 2.13%
• Pretax Margin: 2.76%
• Return on Equity: 9.44%
• Return on Assets: 5.46%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 1.99
• Quick Ratio: 1.42

Sales & Book Value

• Annual Sales: $366.59 million
• Price / Sales: 0.84
• Cash Flow: $1.84 per share
• Price / Cash Flow: 9.86
• Book Value: $10.83 per share
• Price / Book: 1.68

Miscellaneous

• Outstanding Shares: 16,981,000
• Free Float: 16,556,000
• Market Cap: $308.88 million
• Optionable: Optionable
• Beta: 1.61