MASTERCRAFT BOAT HOLDINGS, INC. (NASDAQ:MCFT) Given Average Rating of “Hold” by Brokerages

MASTERCRAFT BOAT HOLDINGS, INC. (NASDAQ:MCFTGet Free Report) has been given an average recommendation of “Hold” by the six analysts that are presently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $22.20.

Several analysts have weighed in on the stock. Wall Street Zen upgraded shares of MASTERCRAFT BOAT from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 30th. Robert W. Baird raised their target price on shares of MASTERCRAFT BOAT from $20.00 to $24.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. Raymond James Financial boosted their price target on MASTERCRAFT BOAT from $21.00 to $25.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. Finally, B. Riley increased their price target on MASTERCRAFT BOAT from $17.00 to $23.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th.

Check Out Our Latest Research Report on MASTERCRAFT BOAT

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Coliseum Capital Management LLC grew its stake in MASTERCRAFT BOAT by 5.6% during the fourth quarter. Coliseum Capital Management LLC now owns 3,562,615 shares of the company’s stock worth $67,939,000 after buying an additional 189,945 shares in the last quarter. Forager Capital Management LLC lifted its holdings in shares of MASTERCRAFT BOAT by 6.2% during the 2nd quarter. Forager Capital Management LLC now owns 1,802,975 shares of the company’s stock worth $33,499,000 after acquiring an additional 105,280 shares during the period. Systematic Financial Management LP boosted its position in shares of MASTERCRAFT BOAT by 0.7% during the 1st quarter. Systematic Financial Management LP now owns 1,078,836 shares of the company’s stock worth $18,578,000 after acquiring an additional 7,412 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of MASTERCRAFT BOAT by 7.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 842,945 shares of the company’s stock worth $16,075,000 after acquiring an additional 57,729 shares in the last quarter. Finally, American Century Companies Inc. raised its position in MASTERCRAFT BOAT by 7.3% during the second quarter. American Century Companies Inc. now owns 538,225 shares of the company’s stock valued at $10,000,000 after purchasing an additional 36,569 shares in the last quarter. Institutional investors and hedge funds own 97.64% of the company’s stock.

MASTERCRAFT BOAT Price Performance

MCFT opened at $23.08 on Monday. The business has a fifty day simple moving average of $20.38 and a 200 day simple moving average of $18.30. MASTERCRAFT BOAT has a 1 year low of $14.39 and a 1 year high of $23.50. The company has a market capitalization of $376.43 million, a PE ratio of 52.46 and a beta of 1.03.

MASTERCRAFT BOAT (NASDAQ:MCFTGet Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.22. The company had revenue of $79.52 million during the quarter, compared to the consensus estimate of $70.45 million. MASTERCRAFT BOAT had a return on equity of 7.01% and a net margin of 2.48%.The company’s revenue was up 46.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.04) earnings per share. MASTERCRAFT BOAT has set its FY 2026 guidance at 1.150-1.40 EPS. Q1 2026 guidance at 0.160-0.160 EPS. Equities analysts anticipate that MASTERCRAFT BOAT will post 0.62 earnings per share for the current fiscal year.

MASTERCRAFT BOAT Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for MASTERCRAFT BOAT (NASDAQ:MCFT)

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