NASDAQ:MCFT MasterCraft Boat (MCFT) Stock Forecast, Price & News $21.12 +0.01 (+0.05%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$20.90▼$21.1750-Day Range$20.70▼$31.5052-Week Range$18.55▼$35.29Volume177,534 shsAverage Volume201,199 shsMarket Capitalization$363.26 millionP/E Ratio5.40Dividend YieldN/APrice Target$26.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MasterCraft Boat MarketRank™ ForecastAnalyst RatingHold2.43 Rating ScoreUpside/Downside23.1% Upside$26.00 Price TargetShort InterestBearish9.68% of Float Sold ShortDividend StrengthN/ASustainability-5.41Upright™ Environmental ScoreNews Sentiment0.96Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth38.10%From $1.68 to $2.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.25 out of 5 starsConsumer Discretionary Sector154th out of 267 stocksShip & Boat Building & Repairing Industry4th out of 6 stocks 3.2 Analyst's Opinion Consensus RatingMasterCraft Boat has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.00, MasterCraft Boat has a forecasted upside of 23.1% from its current price of $21.12.Amount of Analyst CoverageMasterCraft Boat has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.68% of the float of MasterCraft Boat has been sold short.Short Interest Ratio / Days to CoverMasterCraft Boat has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in MasterCraft Boat has recently increased by 6.62%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMasterCraft Boat does not currently pay a dividend.Dividend GrowthMasterCraft Boat does not have a long track record of dividend growth. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMasterCraft Boat has received a -41.29% net impact score from Upright. The largest negative impact of Mastercraft Boat in category "GHG emissions" seems to be driven mostly by its "Diesel pleasure and sporting boats", "Gasoline pleasure and sporting boats", and "Auto trailers" products. See details.Environmental SustainabilityThe Environmental Impact score for MasterCraft Boat is -5.41. Previous Next 2.8 News and Social Media Coverage News SentimentMasterCraft Boat has a news sentiment score of 0.96. 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 is a higher news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for MasterCraft Boat this week, compared to 3 articles on an average week.Search Interest2 people have searched for MCFT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MasterCraft Boat insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.50% of the stock of MasterCraft Boat is held by insiders.Percentage Held by Institutions97.64% of the stock of MasterCraft Boat is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for MasterCraft Boat are expected to grow by 38.10% in the coming year, from $1.68 to $2.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MasterCraft Boat is 5.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.15.Price to Earnings Ratio vs. SectorThe P/E ratio of MasterCraft Boat is 5.40, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.49.Price to Book Value per Share RatioMasterCraft Boat has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MasterCraft Boat (NASDAQ:MCFT) StockMasterCraft 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.Read More MCFT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MCFT Stock News HeadlinesSeptember 25, 2023 | americanbankingnews.comMasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Receives $26.00 Consensus Price Target from AnalystsSeptember 18, 2023 | finance.yahoo.comMasterCraft Boat Holdings (NASDAQ:MCFT) Might Become A Compounding MachineSeptember 26, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 17, 2023 | americanbankingnews.comMasterCraft Boat (NASDAQ:MCFT) Rating Lowered to Hold at StockNews.comSeptember 13, 2023 | finance.yahoo.comMasterCraft Boat Holdings, Inc. Issues 2023 Sustainability ReportSeptember 11, 2023 | finance.yahoo.comBear of the Day: MasterCraft (MCFT)September 2, 2023 | msn.comDA Davidson Maintains MasterCraft Boat Holdings (MCFT) Neutral RecommendationSeptember 1, 2023 | msn.comTruist Securities Maintains MasterCraft Boat Holdings (MCFT) Hold RecommendationSeptember 26, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 1, 2023 | nasdaq.comRaymond James Maintains MasterCraft Boat Holdings (MCFT) Outperform RecommendationSeptember 1, 2023 | msn.comStifel Maintains MasterCraft Boat Holdings (MCFT) Buy RecommendationSeptember 1, 2023 | nasdaq.comBaird Maintains MasterCraft Boat Holdings (MCFT) Outperform RecommendationSeptember 1, 2023 | finance.yahoo.comMasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Analysts Are More Bearish Than They Used To BeAugust 31, 2023 | marketwatch.comBoat Stocks Fall After Demand Warning From MasterCraftAugust 31, 2023 | finance.yahoo.comMasterCraft Boat (MCFT) Q4 Earnings Beat Estimates, Stock DownAugust 31, 2023 | finance.yahoo.comMasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Q4 2023 Earnings Call TranscriptAugust 31, 2023 | markets.businessinsider.comB.Riley Financial downgrades MasterCraft Boat Holdings (MCFT) to a HoldAugust 31, 2023 | msn.comB. Riley Securities Downgrades MasterCraft Boat Holdings (MCFT)August 30, 2023 | uk.investing.comMasterCraft Boat tumbles 23% as FY sales guidance trails consensus by over 60%August 30, 2023 | marketwatch.comMasterCraft’s outlook assumes current retail ‘malaise’ will continue, but CEO thinks there’s upsideAugust 30, 2023 | markets.businessinsider.comMasterCraft Boat Shares Spiral Down On Downbeat OutlookAugust 30, 2023 | msn.comMasterCraft (NASDAQ: MCFT) Takes a Dive as Weak FY24 Outlook Shakes InvestorsAugust 30, 2023 | finance.yahoo.comMasterCraft's Downbeat Forecast Drags on Boating StocksAugust 30, 2023 | msn.comMasterCraft Boat dives after slashing guidance due to weakening demandAugust 30, 2023 | finance.yahoo.comMasterCraft Boat Holdings, Inc. Reports Fiscal 2023 ResultsAugust 29, 2023 | benzinga.comPreview: MasterCraft Boat Hldgs's EarningsAugust 29, 2023 | finance.yahoo.comIs It Too Late To Consider Buying MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT)?See More Headlines Receive MCFT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MasterCraft Boat and its competitors with MarketBeat's FREE daily newsletter. Email Address MCFT Company Calendar Last Earnings8/30/2023Today9/26/2023Next Earnings (Estimated)11/08/2023Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Ship & boat building & repairing Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:MCFT CUSIPN/A CIK1638290 Webwww.mastercraft.com Phone(423) 884-2221FaxN/AEmployees1,060Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.00 High Stock Price Forecast$33.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+23.0%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$3.91 Trailing P/E Ratio5.40 Forward P/E Ratio12.58 P/E GrowthN/ANet Income$68.94 million Net Margins10.41% Pretax Margin17.76% Return on Equity54.60% Return on Assets28.82% Debt Debt-to-Equity Ratio0.26 Current Ratio1.91 Quick Ratio1.34 Sales & Book Value Annual Sales$662.05 million Price / Sales0.55 Cash Flow$5.92 per share Price / Cash Flow3.57 Book Value$10.98 per share Price / Book1.92Miscellaneous Outstanding Shares17,200,000Free Float16,773,000Market Cap$363.44 million OptionableOptionable Beta1.82 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Frederick A. Brightbill (Age 70)Chairman & CEO Comp: $1.44MMr. Timothy M. Oxley (Age 64)CFO, Treasurer & Sec. Comp: $536.62kMr. George Steinbarger (Age 43)Chief Revenue Officer Comp: $454.64kMr. Jim BrownVP of OperationsMr. Mike SchmidtChief Information OfficerMr. Matt McDevittVP of Global SalesMs. Charlene HamptonVP of HRMr. Dave EkernChief Product OfficerMore ExecutivesKey CompetitorsMarine ProductsNYSE:MPXMalibu BoatsNASDAQ:MBUUReservoir MediaNASDAQ:RSVRFunkoNASDAQ:FNKOOneWater MarineNASDAQ:ONEWView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemBought 14,149 shares on 8/21/2023Ownership: 0.118%Orion Portfolio Solutions LLCSold 1,423 shares on 8/17/2023Ownership: 0.260%Coppell Advisory Solutions LLCBought 1,710 shares on 8/17/2023Ownership: 0.010%Nuveen Asset Management LLCSold 15,965 shares on 8/16/2023Ownership: 0.783%State of Tennessee Treasury DepartmentSold 1,668 shares on 8/15/2023Ownership: 0.070%View All Insider TransactionsView All Institutional Transactions MCFT Stock - Frequently Asked Questions Should I buy or sell MasterCraft Boat stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MasterCraft Boat in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MCFT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MCFT, but not buy additional shares or sell existing shares. View MCFT analyst ratings or view top-rated stocks. What is MasterCraft Boat's stock price forecast for 2023? 7 Wall Street analysts have issued 12-month price objectives for MasterCraft Boat's shares. Their MCFT share price forecasts range from $22.00 to $33.00. On average, they anticipate the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 23.0% 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 2023? MasterCraft Boat's stock was trading at $25.87 at the beginning of the year. Since then, MCFT shares have decreased by 18.3% and is now trading at $21.13. View the best growth stocks for 2023 here. When is MasterCraft Boat's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our MCFT earnings forecast. How were MasterCraft Boat's earnings last quarter? MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) issued its quarterly earnings results on Wednesday, August, 30th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.30. The business earned $166.57 million during the quarter, compared to analysts' expectations of $161.88 million. MasterCraft Boat had a trailing twelve-month return on equity of 54.60% and a net margin of 10.41%. 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) and First Trust Dow Jones Select Microcap Index Fund (FDM).iShares US Small Cap Value Factor ETF (SVAL). What guidance has MasterCraft Boat issued on next quarter's earnings? MasterCraft Boat issued an update on its FY 2024 earnings guidance on Wednesday, August, 30th. The company provided earnings per share guidance of $1.46-$1.88 for the period, compared to the consensus earnings per share estimate of $3.94. The company issued revenue guidance of $390.00 million-$420.00 million, compared to the consensus revenue estimate of $569.27 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? (MCFT) raised $85 million in an 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. What is MasterCraft Boat's stock symbol? MasterCraft Boat trades on the NASDAQ under the ticker symbol "MCFT." Who are MasterCraft Boat's major shareholders? MasterCraft Boat's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.90%), Forager Capital Management LLC (7.08%), Coliseum Capital Management LLC (4.32%), Capital World Investors (3.71%), Dimensional Fund Advisors LP (3.30%) and Assenagon Asset Management S.A. (2.46%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is MasterCraft Boat's stock price today? One share of MCFT stock can currently be purchased for approximately $21.13. How much money does MasterCraft Boat make? MasterCraft Boat (NASDAQ:MCFT) has a market capitalization of $363.44 million and generates $662.05 million in revenue each year. The company earns $68.94 million in net income (profit) each year or $3.91 on an earnings per share basis. How many employees does MasterCraft Boat have? The company employs 1,060 workers across the globe. How can I contact MasterCraft Boat? MasterCraft Boat's mailing address is 100 CHEROKEE COVE DRIVE, VONORE TN, 37885. The official website for the company is www.mastercraft.com. The company can be reached via phone at (423) 884-2221 or via email at matt.sullivan@padillacrt.com. This page (NASDAQ:MCFT) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding MasterCraft Boat Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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