Mastercraft Boat (NASDAQ:MCFT) Issues FY 2026 Earnings Guidance

Mastercraft Boat (NASDAQ:MCFTGet Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.180-1.430 for the period, compared to the consensus EPS estimate of 1.200. The company issued revenue guidance of $295.0 million-$310.0 million, compared to the consensus revenue estimate of $301.8 million. Mastercraft Boat also updated its Q2 2026 guidance to 0.160-0.160 EPS.

Mastercraft Boat Stock Performance

NASDAQ MCFT traded down $1.23 during trading hours on Thursday, hitting $20.23. The company had a trading volume of 293,189 shares, compared to its average volume of 136,022. Mastercraft Boat has a 52 week low of $14.39 and a 52 week high of $23.93. The firm has a 50 day simple moving average of $21.60 and a 200 day simple moving average of $19.68. The firm has a market capitalization of $329.55 million, a price-to-earnings ratio of 45.98 and a beta of 1.04.

Mastercraft Boat (NASDAQ:MCFTGet Free Report) last issued its earnings results on Thursday, November 6th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.16 by $0.12. The business had revenue of $69.00 million during the quarter, compared to the consensus estimate of $66.96 million. Mastercraft Boat had a return on equity of 7.01% and a net margin of 2.48%.The firm’s revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.12 EPS. Mastercraft Boat has set its FY 2026 guidance at 1.180-1.430 EPS. Q2 2026 guidance at 0.160-0.160 EPS. On average, research analysts forecast that Mastercraft Boat will post 0.62 earnings per share for the current year.

Analyst Upgrades and Downgrades

MCFT has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mastercraft Boat in a research report on Wednesday, October 8th. Raymond James Financial lifted their price target on Mastercraft Boat from $21.00 to $25.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Zacks Research upgraded Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. B. Riley lifted their price target on Mastercraft Boat from $17.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. Finally, Robert W. Baird lifted their price target on Mastercraft Boat from $20.00 to $24.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $23.00.

Get Our Latest Research Report on MCFT

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership boosted its position in shares of 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 buying an additional 1,188 shares during the period. First Trust Advisors LP boosted its position in shares of 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 buying an additional 1,259 shares during the period. Quantinno Capital Management LP boosted its position in shares of Mastercraft Boat by 18.0% during the second quarter. Quantinno Capital Management LP now owns 16,327 shares of the company’s stock worth $303,000 after buying an additional 2,496 shares during the period. State of Wyoming purchased a new position in shares of Mastercraft Boat during the second quarter worth $61,000. Finally, Empowered Funds LLC raised its stake in shares of Mastercraft Boat by 7.3% in the first quarter. Empowered Funds LLC now owns 87,614 shares of the company’s stock valued at $1,509,000 after acquiring an additional 5,958 shares in the last quarter. 97.64% of the stock is currently owned by hedge funds and other institutional investors.

About Mastercraft Boat

(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.

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