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

Mastercraft Boat (NASDAQ:MCFT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.450-1.600 for the period, compared to the consensus EPS estimate of 1.190. The company issued revenue guidance of $300.0 million-$310.0 million, compared to the consensus revenue estimate of $301.8 million. Mastercraft Boat also updated its Q3 2026 guidance to 0.350-0.350 EPS.

Mastercraft Boat Trading Up 6.4%

Mastercraft Boat stock traded up $1.49 during trading on Thursday, reaching $24.61. The company had a trading volume of 724,936 shares, compared to its average volume of 128,001. The firm has a market capitalization of $400.87 million, a price-to-earnings ratio of 25.37 and a beta of 1.07. The firm’s 50-day simple moving average is $20.17 and its 200 day simple moving average is $20.53. Mastercraft Boat has a 52 week low of $14.39 and a 52 week high of $25.73.

Mastercraft Boat (NASDAQ:MCFT) last issued its quarterly earnings results 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 business had revenue of $71.76 million during the quarter, compared to analysts’ expectations of $68.79 million. During the same quarter in the prior year, the business posted $0.10 earnings per share. The business’s quarterly revenue 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. On average, analysts predict that Mastercraft Boat will post 0.62 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MCFT. Weiss Ratings restated a “hold (c)” rating on shares of Mastercraft Boat in a research note on Monday, December 29th. Wall Street Zen upgraded Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. Loop Capital started coverage on shares of Mastercraft Boat in a research report on Monday, December 22nd. They set a “hold” rating and a $21.00 price objective for the company. Truist Financial set a $21.00 price objective on Mastercraft Boat in a research note on Friday, October 24th. Finally, Seaport Research Partners upgraded shares of Mastercraft Boat to a “hold” rating in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $22.67.

Insider Buying and Selling at Mastercraft Boat

In other news, major shareholder Fund L.P. Forager sold 58,066 shares of Mastercraft Boat stock in a transaction on Friday, November 7th. The stock was sold at an average price of $20.37, for a total value of $1,182,804.42. Following the transaction, the insider directly owned 1,699,928 shares in the company, valued at approximately $34,627,533.36. This trade represents a 3.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Coliseum Capital Management, L purchased 25,000 shares of Mastercraft Boat stock in a transaction dated Monday, December 22nd. The stock was bought at an average cost of $19.66 per share, with a total value of $491,500.00. Following the completion of the transaction, the insider owned 3,697,422 shares in the company, valued at approximately $72,691,316.52. This represents a 0.68% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 134,807 shares of company stock worth $2,649,367 in the last ninety days. Insiders own 2.50% of the company’s stock.

Trending Headlines about Mastercraft Boat

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

• Positive Sentiment: Q2 results beat expectations — EPS of $0.29 vs. $0.16 expected and revenue of $71.76M vs. $68.79M, showing 13.2% year‑over‑year revenue growth. Earnings Beat
• Positive Sentiment: Company raised FY2026 guidance to $1.45–$1.60 EPS (well above the prior consensus ~$1.19), and set FY revenue outlook ~$300M–$310M, supporting a more constructive medium‑term view. Press Release
• Positive Sentiment: Strategic combination announced with Marine Products Corporation to create a larger portfolio of brands and broaden consumer reach — a potential long‑term value driver through scale and diversification. Combination Announcement
• Neutral Sentiment: Earnings call transcript, slide deck and press release are available for details on margin drivers and backlog; useful for investors doing deeper diligence. Earnings Transcript
• Neutral Sentiment: Trading volume has spiked well above average, indicating elevated investor interest and liquidity around the news. Market Data
• Negative Sentiment: Near‑term guidance disappointed on Q3: EPS guidance of $0.35 (below the street at ~$0.38) and revenue guidance of $75M (below ~$83.4M consensus), which could pressure short‑term expectations. Guidance Coverage
• Negative Sentiment: Halper Sadeh LLC launched an investigation questioning whether the merger is fair to MasterCraft shareholders, introducing legal/transaction risk and potential shareholder opposition. Investigation Notice
• Negative Sentiment: Analysts/investors have flagged returns on capital as a concern for the company’s long‑term capital efficiency, which could temper valuations if not improved. Returns on Capital Article

Institutional Investors Weigh In On Mastercraft Boat

A number of institutional investors and hedge funds have recently modified their holdings of the company. State of Wyoming acquired a new position in Mastercraft Boat in the 2nd quarter valued at $61,000. Russell Investments Group Ltd. raised its stake 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 purchasing an additional 1,394 shares during the period. Algert Global LLC purchased a new stake in shares of Mastercraft Boat during the 3rd quarter valued at approximately $288,000. Jane Street Group LLC purchased a new position in Mastercraft Boat in the first quarter worth approximately $236,000. Finally, BNP Paribas Financial Markets increased its stake in Mastercraft Boat by 849.8% during the third quarter. BNP Paribas Financial Markets now owns 15,415 shares of the company’s stock worth $331,000 after acquiring an additional 13,792 shares during the last quarter. Institutional investors and hedge funds own 97.64% of the company’s stock.

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.