MASTERCRAFT BOAT HOLDINGS, INC. (NASDAQ:MCFT) Receives Average Recommendation of “Hold” from Brokerages

Shares of MASTERCRAFT BOAT HOLDINGS, INC. (NASDAQ:MCFT) have earned a consensus rating of “Hold” from the six analysts that are presently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $22.20.

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

MASTERCRAFT BOAT Stock Performance

Shares of MCFT opened at $21.43 on Friday. The company has a 50 day moving average price of $21.24 and a 200-day moving average price of $18.88. MASTERCRAFT BOAT has a fifty-two week low of $14.39 and a fifty-two week high of $23.93. The stock has a market capitalization of $349.09 million, a PE ratio of 48.71 and a beta of 0.97.

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

Institutional Investors Weigh In On MASTERCRAFT BOAT

Hedge funds and other institutional investors have recently bought and sold shares of the company. State of Wyoming purchased a new stake in MASTERCRAFT BOAT during the second quarter valued at approximately $61,000. GAMMA Investing LLC lifted its position in MASTERCRAFT BOAT by 6,422.7% during the first quarter. GAMMA Investing LLC now owns 8,610 shares of the company’s stock valued at $148,000 after acquiring an additional 8,478 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in MASTERCRAFT BOAT by 8.2% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 13,200 shares of the company’s stock valued at $227,000 after acquiring an additional 1,000 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of MASTERCRAFT BOAT in the first quarter worth $236,000. Finally, Squarepoint Ops LLC raised its holdings in shares of MASTERCRAFT BOAT by 144.1% in the fourth quarter. Squarepoint Ops LLC now owns 14,534 shares of the company’s stock worth $277,000 after buying an additional 47,510 shares during the last quarter. Hedge funds and other institutional investors own 97.64% of the company’s stock.

MASTERCRAFT BOAT Company Profile

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.