Q2 EPS Estimates for Mastercraft Boat Reduced by B. Riley

Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) – B. Riley cut their Q2 2026 EPS estimates for Mastercraft Boat in a research note issued to investors on Monday, November 24th. B. Riley analyst A. Glaessgen now forecasts that the company will post earnings per share of $0.12 for the quarter, down from their prior forecast of $0.13. B. Riley currently has a “Neutral” rating and a $23.00 price objective on the stock. The consensus estimate for Mastercraft Boat’s current full-year earnings is $0.62 per share. B. Riley also issued estimates for Mastercraft Boat’s Q3 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.36 EPS, FY2026 earnings at $1.06 EPS and FY2027 earnings at $1.32 EPS.

Mastercraft Boat (NASDAQ:MCFT) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.16 by $0.12. Mastercraft Boat had a net margin of 5.50% and a return on equity of 8.09%. The firm had revenue of $69.00 million for the quarter, compared to analyst estimates of $66.96 million. During the same period in the prior year, the business posted $0.12 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Mastercraft Boat has set its FY 2026 guidance at 1.180-1.430 EPS. Q2 2026 guidance at 0.160-0.160 EPS.

A number of other brokerages have also recently weighed in on MCFT. Robert W. Baird lifted their price objective on Mastercraft Boat from $20.00 to $24.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Zacks Research cut Mastercraft Boat from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mastercraft Boat in a research report on Monday. Wall Street Zen upgraded shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 30th. Finally, Truist Financial set a $21.00 price objective on shares of Mastercraft Boat in a research note on Friday, October 24th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $23.00.

Mastercraft Boat Stock Down 2.7%

Shares of NASDAQ MCFT opened at $18.22 on Thursday. The business’s 50 day moving average is $20.31 and its two-hundred day moving average is $19.89. Mastercraft Boat has a 52-week low of $14.39 and a 52-week high of $23.93. The firm has a market cap of $296.72 million, a price-to-earnings ratio of 18.78 and a beta of 1.04.

Insider Transactions at Mastercraft Boat

In other Mastercraft Boat news, major shareholder Fund L.P. Forager sold 58,066 shares of the stock in a transaction dated 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 sale, the insider owned 1,699,928 shares of the company’s stock, valued at $34,627,533.36. This trade represents a 3.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last quarter, insiders sold 103,857 shares of company stock valued at $2,121,382. 2.50% of the stock is owned by company insiders.

Institutional Trading of Mastercraft Boat

A number of large investors have recently made changes to their positions in the company. Gratia Capital LLC purchased a new position in Mastercraft Boat in the second quarter worth approximately $4,273,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Mastercraft Boat by 212.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 220,819 shares of the company’s stock valued at $4,739,000 after purchasing an additional 150,125 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in shares of Mastercraft Boat during the 2nd quarter worth $2,065,000. Forager Capital Management LLC grew its stake in shares of Mastercraft Boat by 6.2% during the second quarter. Forager Capital Management LLC now owns 1,802,975 shares of the company’s stock worth $33,499,000 after purchasing an additional 105,280 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Mastercraft Boat by 1,252.0% in the third quarter. JPMorgan Chase & Co. now owns 112,930 shares of the company’s stock valued at $2,423,000 after buying an additional 104,577 shares during the last quarter. 97.64% of the stock is currently owned by hedge funds and other institutional investors.

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.