Mastercraft Boat (NASDAQ:MCFT) Issues Q3 2026 Earnings Guidance

Mastercraft Boat (NASDAQ:MCFT) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.350-0.350 for the period, compared to the consensus estimate of 0.380. The company issued revenue guidance of $75.0 million-$75.0 million, compared to the consensus revenue estimate of $83.4 million. Mastercraft Boat also updated its FY 2026 guidance to 1.450-1.600 EPS.

Analyst Ratings Changes

MCFT has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Weiss Ratings restated a “hold (c)” rating on shares of Mastercraft Boat in a report on Monday, December 29th. Seaport Research Partners upgraded shares of Mastercraft Boat to a “hold” rating in a report on Monday, December 22nd. Zacks Research raised shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Finally, Truist Financial set a $21.00 target price on Mastercraft Boat in a research note on Friday, October 24th. One investment 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $22.67.

Mastercraft Boat Stock Performance

Shares of Mastercraft Boat stock traded up $0.36 during trading hours on Friday, reaching $24.97. The company’s stock had a trading volume of 54,848 shares, compared to its average volume of 124,416. The company has a market capitalization of $406.76 million, a P/E ratio of 25.97 and a beta of 1.07. The stock’s fifty day simple moving average is $20.29 and its two-hundred day simple moving average is $20.56. Mastercraft Boat has a one year low of $14.39 and a one year high of $26.49.

Mastercraft Boat (NASDAQ:MCFT) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.13. Mastercraft Boat had a return on equity of 8.09% and a net margin of 5.50%.The firm had revenue of $71.76 million during the quarter, compared to analyst estimates of $68.79 million. During the same period in the previous year, the company posted $0.10 EPS. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. Mastercraft Boat has set its Q3 2026 guidance at 0.350-0.350 EPS and its FY 2026 guidance at 1.450-1.600 EPS. As a group, research analysts forecast that Mastercraft Boat will post 0.62 earnings per share for the current year.

Insiders Place Their Bets

In other news, major shareholder Coliseum Capital Management, L purchased 76,000 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were purchased at an average price of $19.79 per share, with a total value of $1,504,040.00. Following the transaction, the insider directly owned 3,672,422 shares of the company’s stock, valued at approximately $72,677,231.38. This represents a 2.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders acquired 134,807 shares of company stock worth $2,649,367 over the last three months. 2.50% of the stock is currently owned by corporate insiders.

Mastercraft Boat News Summary

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

• Positive Sentiment: Q2 beat — MasterCraft reported $0.29 EPS vs. a ~$0.16 consensus and revenue of $71.8M (up ~13% YoY), driving confidence in near‑term profitability. MasterCraft Boat Holdings, Inc. Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Raised FY guidance — Management issued FY 2026 EPS guidance of $1.45–$1.60, well above the prior street estimate (~$1.19), signaling stronger full‑year profit expectations. MasterCraft Boat Holdings, Inc. Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Strategic combination — MasterCraft announced a planned combination with Marine Products Corporation to create a larger, diversified portfolio of recreational marine brands; the deal could deliver scale and cross‑sell opportunities (MasterCraft shareholders to own ~66.5% of the combined entity). MasterCraft Boat Holdings, Inc. and Marine Products Corporation to Combine
• Neutral Sentiment: Earnings materials available — Full earnings transcript, slide deck and call transcript are posted for investors to review management’s detail on results and strategy. MasterCraft (MCFT) Q2 2026 Earnings Transcript
• Neutral Sentiment: Analyst notes and metric review — Coverage (Zacks and others) highlights key margin, revenue and backlog metrics to help assess sustainability of the beat. Here’s What Key Metrics Tell Us About MasterCraft Q2 Earnings
• Negative Sentiment: Weaker near‑term guide — Q3 EPS guidance of $0.35 and revenue guidance of $75M are below consensus (~$0.38 EPS and ~$83M revenue), indicating a near‑term slowdown that offsets some of the FY strength. MasterCraft Boat Holdings, Inc. Reports Fiscal 2026 Second Quarter Results
• Negative Sentiment: Shareholder probe — Halper Sadeh LLC is investigating whether the proposed merger is fair to MasterCraft shareholders, which could create legal/transaction risk and headline volatility. MCFT Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger …
• Negative Sentiment: Conflicting coverage on sales — Some outlets flagged Q4/CY2025 sales as below analyst estimates, adding short‑term uncertainty about top‑line momentum. MasterCraft reports sales below analyst estimates in Q4 CY2025

Institutional Trading of Mastercraft Boat

A number of hedge funds and other institutional investors have recently made changes to their positions in MCFT. State of Wyoming bought a new position in shares of Mastercraft Boat in the second quarter worth $61,000. Russell Investments Group Ltd. grew its position in Mastercraft Boat by 16.6% during the third quarter. Russell Investments Group Ltd. now owns 9,795 shares of the company’s stock worth $210,000 after buying an additional 1,394 shares in the last quarter. Jane Street Group LLC bought a new position in Mastercraft Boat in the 1st quarter worth about $236,000. Algert Global LLC purchased a new stake in shares of Mastercraft Boat in the 3rd quarter valued at about $288,000. Finally, Quantinno Capital Management LP raised its holdings in shares of Mastercraft Boat by 18.0% in the 2nd quarter. Quantinno Capital Management LP now owns 16,327 shares of the company’s stock valued at $303,000 after acquiring an additional 2,496 shares in the last quarter. 97.64% of the stock is currently owned by institutional investors.

Mastercraft Boat Company Profile

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.