NASDAQ:MCFT

MasterCraft Boat (MCFT) Stock Price, News & Analysis

$21.05
-0.45 (-2.09%)
(As of 04/23/2024 ET)
Today's Range
$21.04
$22.01
50-Day Range
$20.84
$23.99
52-Week Range
$19.22
$31.70
Volume
129,783 shs
Average Volume
124,725 shs
Market Capitalization
$358.48 million
P/E Ratio
6.44
Dividend Yield
N/A
Price Target
$24.67

MasterCraft Boat MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
17.2% Upside
$24.67 Price Target
Short Interest
Healthy
4.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.69
Upright™ Environmental Score
News Sentiment
0.51mentions of MasterCraft Boat in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$7.43 M Bought Last Quarter
Proj. Earnings Growth
35.76%
From $1.51 to $2.05 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.16 out of 5 stars

Consumer Discretionary Sector

77th out of 267 stocks

Ship & Boat Building & Repairing Industry

3rd out of 6 stocks

MCFT stock logo

About MasterCraft Boat Stock (NASDAQ:MCFT)

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.

MCFT Stock Price History

MCFT Stock News Headlines

Putin and other countries have a plan
Did you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon.
Putin and other countries have a plan
Did you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon.
MasterCraft Boat's 2Q Sales Drop on Soft Demand
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Ship & boat building & repairing
Sub-Industry
N/A
Current Symbol
NASDAQ:MCFT
Fax
N/A
Employees
1,060
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.67
High Stock Price Target
$30.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+13.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$68.94 million
Pretax Margin
14.15%

Debt

Sales & Book Value

Annual Sales
$662.05 million
Cash Flow
$6.08 per share
Book Value
$10.98 per share

Miscellaneous

Free Float
16,608,000
Market Cap
$371.59 million
Optionable
Optionable
Beta
1.64
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Key Executives

  • Mr. Timothy M. Oxley (Age 65)
    VP, CFO, Treasurer & Secretary
    Comp: $523.72k
  • Mr. George Steinbarger (Age 44)
    President of Crest
    Comp: $450.61k
  • Mr. Stephan Cloutier
    President of Aviara Boats
  • Mr. Bradley M. Nelson (Age 55)
    CEO & Director
  • Mr. Jim Brown
    Vice President of Operations
  • Ms. Charlene Hampton
    Vice President of Human Resources
  • Mr. Dave Ekern
    Chief Product Officer

MCFT Stock Analysis - Frequently Asked Questions

Should I buy or sell MasterCraft Boat stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MasterCraft Boat in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MCFT shares.
View MCFT analyst ratings
or view top-rated stocks.

What is MasterCraft Boat's stock price target for 2024?

6 brokerages have issued 1-year price objectives for MasterCraft Boat's stock. Their MCFT share price targets range from $22.00 to $30.00. On average, they expect the company's stock price to reach $24.67 in the next year. This suggests a possible upside of 17.2% from the stock's current price.
View analysts price targets for MCFT
or view top-rated stocks among Wall Street analysts.

How have MCFT shares performed in 2024?

MasterCraft Boat's stock was trading at $22.64 at the beginning of 2024. Since then, MCFT stock has decreased by 7.0% and is now trading at $21.05.
View the best growth stocks for 2024 here
.

When is MasterCraft Boat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our MCFT earnings forecast
.

How can I listen to MasterCraft Boat's earnings call?

MasterCraft Boat will be holding an earnings conference call on Wednesday, May 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were MasterCraft Boat's earnings last quarter?

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) announced its quarterly earnings data on Wednesday, February, 7th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.17. The company earned $99.48 million during the quarter, compared to analysts' expectations of $95.53 million. MasterCraft Boat had a net margin of 10.66% and a trailing twelve-month return on equity of 32.01%. The firm's revenue for the quarter was down 37.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.16 earnings per share.

What ETFs hold MasterCraft Boat's stock?

ETFs with the largest weight of MasterCraft Boat (NASDAQ:MCFT) stock in their portfolio include Euclidean Fundamental Value ETF (ECML).Roundhill Acquirers Deep Value ETF (DEEP).

What guidance has MasterCraft Boat issued on next quarter's earnings?

MasterCraft Boat updated its third quarter 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of 0.230-0.230 for the period, compared to the consensus earnings per share estimate of 0.230. The company issued revenue guidance of $92.0 million-$92.0 million, compared to the consensus revenue estimate of $92.8 million.

What is John Dorton's approval rating as MasterCraft Boat's CEO?

7 employees have rated MasterCraft Boat Chief Executive Officer John Dorton on Glassdoor.com. John Dorton has an approval rating of 80% among the company's employees.

What other stocks do shareholders of MasterCraft Boat own?

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

When did MasterCraft Boat IPO?

MasterCraft Boat (MCFT) raised $85 million in an initial public offering (IPO) 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?

MasterCraft Boat's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (2.24%), Los Angeles Capital Management LLC (0.29%) and Redmont Wealth Advisors LLC (0.18%). 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.

This page (NASDAQ:MCFT) was last updated on 4/23/2024 by MarketBeat.com Staff

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