Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) Receives Average Rating of “Hold” from Analysts

Shares of Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $23.60.

A number of analysts have issued reports on MCFT shares. Zacks Research raised Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. Robert W. Baird set a $28.00 target price on shares of Mastercraft Boat in a report on Friday, February 6th. Wall Street Zen raised shares of Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Seaport Research Partners upgraded shares of Mastercraft Boat to a “hold” rating in a research report on Monday, December 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Mastercraft Boat in a report on Monday, December 29th.

Insider Transactions at Mastercraft Boat

In other Mastercraft Boat news, major shareholder Fund L.P. Forager sold 30,131 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $23.43, for a total value of $705,969.33. Following the transaction, the insider directly owned 1,637,774 shares in the company, valued at $38,373,044.82. This represents a 1.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Coliseum Capital Management, L acquired 76,000 shares of Mastercraft Boat stock in a transaction on Friday, December 19th. The shares were purchased at an average price of $19.79 per share, for a total transaction of $1,504,040.00. Following the completion of the acquisition, the insider directly owned 3,672,422 shares in the company, valued at $72,677,231.38. This trade represents a 2.11% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have purchased 134,807 shares of company stock valued at $2,649,367 and have sold 61,344 shares valued at $1,446,585. 2.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Mastercraft Boat

A number of hedge funds have recently made changes to their positions in MCFT. Arrowstreet Capital Limited Partnership grew its stake in shares of Mastercraft Boat by 1.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 70,694 shares of the company’s stock worth $1,313,000 after purchasing an additional 1,188 shares during the period. Russell Investments Group Ltd. boosted its holdings in Mastercraft Boat by 12.2% during the fourth quarter. Russell Investments Group Ltd. now owns 10,988 shares of the company’s stock worth $208,000 after buying an additional 1,193 shares in the last quarter. First Trust Advisors LP grew its position in Mastercraft Boat by 3.1% during the second quarter. First Trust Advisors LP now owns 41,276 shares of the company’s stock valued at $767,000 after buying an additional 1,259 shares during the period. New York State Teachers Retirement System purchased a new position in Mastercraft Boat in the third quarter valued at $32,000. Finally, Barclays PLC increased its holdings in Mastercraft Boat by 7.7% in the fourth quarter. Barclays PLC now owns 24,725 shares of the company’s stock valued at $468,000 after buying an additional 1,769 shares in the last quarter. 97.64% of the stock is currently owned by hedge funds and other institutional investors.

Mastercraft Boat Stock Down 1.4%

Shares of MCFT opened at $23.29 on Monday. The business has a 50-day simple moving average of $21.50 and a two-hundred day simple moving average of $20.88. Mastercraft Boat has a 52 week low of $14.39 and a 52 week high of $26.49. The stock has a market cap of $379.16 million, a price-to-earnings ratio of 24.26 and a beta of 1.07.

Mastercraft Boat (NASDAQ:MCFT) last issued its earnings results on Thursday, February 5th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.13. Mastercraft Boat had a net margin of 5.27% and a return on equity of 9.51%. The company had revenue of $71.76 million during the quarter, compared to the consensus estimate of $68.79 million. During the same quarter in the prior year, the firm posted $0.10 EPS. Mastercraft Boat’s quarterly revenue was up 13.2% compared to the same quarter last year. 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, equities analysts anticipate that Mastercraft Boat will post 0.62 earnings per share for the current fiscal year.

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.