Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) have received an average rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $24.80.

Several research analysts recently commented on MCFT shares. Truist Financial raised their target price on Mastercraft Boat from $21.00 to $25.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Zacks Research cut Mastercraft Boat from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. B. Riley Financial reaffirmed a “neutral” rating on shares of Mastercraft Boat in a research report on Friday, February 6th. Wall Street Zen upgraded Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Mastercraft Boat in a research note on Friday, March 27th.

Mastercraft Boat News Roundup

Here are the key news stories impacting Mastercraft Boat this week:

• Positive Sentiment: MasterCraft reported fiscal Q3 EPS of $0.45, topping estimates of $0.36, while revenue rose to $78.21 million versus $75.55 million expected. Article Title
• Positive Sentiment: The company lifted FY 2026 guidance, with EPS guidance of 1.65 and revenue guidance of about $312 million, both above consensus expectations. Article Title
• Positive Sentiment: Management said premium product momentum and the marine products acquisition are helping shape a constructive outlook for the business. Article Title
• Neutral Sentiment: The latest earnings call and transcript commentary will be watched for more detail on demand trends, margins, and integration plans, but no clear negative surprise has emerged from the recent reports. Article Title

Insider Transactions at Mastercraft Boat

In other Mastercraft Boat news, major shareholder Fund L.P. Forager sold 30,131 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $23.43, for a total transaction of $705,969.33. Following the completion of the transaction, the insider directly owned 1,637,774 shares in the company, valued at $38,373,044.82. This represents a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 87,841 shares of company stock worth $2,069,264 in the last three months. Corporate insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of MCFT. Empowered Funds LLC raised its stake in Mastercraft Boat by 7.3% during the first quarter. Empowered Funds LLC now owns 87,614 shares of the company’s stock worth $1,509,000 after acquiring an additional 5,958 shares in the last quarter. Jane Street Group LLC acquired a new position in Mastercraft Boat during the first quarter worth $236,000. Arrowstreet Capital Limited Partnership raised its stake in Mastercraft Boat by 1.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 70,694 shares of the company’s stock worth $1,313,000 after acquiring an additional 1,188 shares in the last quarter. First Trust Advisors LP raised its stake in Mastercraft Boat by 3.1% during the second quarter. First Trust Advisors LP now owns 41,276 shares of the company’s stock worth $767,000 after acquiring an additional 1,259 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in Mastercraft Boat during the second quarter worth $684,000. 97.64% of the stock is currently owned by institutional investors and hedge funds.

Mastercraft Boat Price Performance

Shares of MCFT stock opened at $27.38 on Friday. The stock has a market cap of $445.75 million, a P/E ratio of 40.27 and a beta of 1.09. Mastercraft Boat has a one year low of $16.46 and a one year high of $28.44. The stock has a fifty day moving average price of $21.59 and a 200 day moving average price of $20.98.

Mastercraft Boat (NASDAQ:MCFT) last issued its earnings results on Thursday, May 7th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.36 by $0.09. The firm had revenue of $78.21 million during the quarter, compared to analysts’ expectations of $75.55 million. Mastercraft Boat had a return on equity of 10.60% and a net margin of 3.72%.Mastercraft Boat’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the business earned $0.30 earnings per share. Mastercraft Boat has set its FY 2026 guidance at 1.650-1.650 EPS. Equities research analysts anticipate that Mastercraft Boat will post 1.34 EPS for the current year.

About Mastercraft Boat

MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) is a designer, manufacturer and marketer of high-performance recreational powerboats. The company’s portfolio includes the MasterCraft®, Aviara®, Crest® Classic and Supra® brands, each of which features multiple model lines tailored for activities such as wakeboarding, waterskiing, cruising and luxury day boating. MasterCraft oversees the full product lifecycle from hull design and propulsion engineering to interior appointments and final assembly.

Founded in 1968 and headquartered in Vonore, Tennessee, MasterCraft has built a reputation for innovation in hull design, ballast systems and tower architecture to enhance wake performance and ride quality.