Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) Given Consensus Rating of “Hold” by Brokerages

Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) has been assigned an average rating of “Hold” from the seven research firms that are presently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $23.60.

A number of brokerages have recently issued reports on MCFT. Loop Capital assumed coverage on shares of Mastercraft Boat in a research note on Monday, December 22nd. They set a “hold” rating and a $21.00 price target on the stock. B. Riley Financial restated a “neutral” rating on shares of Mastercraft Boat in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mastercraft Boat in a report on Monday, December 29th. Robert W. Baird set a $28.00 target price on Mastercraft Boat in a research report on Friday, February 6th. Finally, Wall Street Zen raised Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th.

Mastercraft Boat Trading Up 3.3%

NASDAQ:MCFT opened at $20.32 on Friday. Mastercraft Boat has a 12-month low of $14.39 and a 12-month high of $26.49. The stock’s 50 day simple moving average is $22.00 and its 200-day simple moving average is $20.90. The firm has a market cap of $330.81 million, a P/E ratio of 21.17 and a beta of 1.07.

Mastercraft Boat (NASDAQ:MCFT) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.13. The firm had revenue of $71.76 million for the quarter, compared to analyst estimates of $68.79 million. Mastercraft Boat had a net margin of 5.27% and a return on equity of 9.51%. Mastercraft Boat’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period last year, the firm posted $0.10 EPS. 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. Research analysts forecast that Mastercraft Boat will post 0.62 EPS for the current fiscal year.

Insiders Place Their Bets

In other Mastercraft Boat news, major shareholder Fund L.P. Forager sold 30,131 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $23.43, for a total value of $705,969.33. Following the completion of the sale, the insider owned 1,637,774 shares of the company’s stock, valued at approximately $38,373,044.82. This trade represents a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Coliseum Capital Management, L bought 25,000 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were bought at an average price of $19.66 per share, for a total transaction of $491,500.00. Following the completion of the transaction, the insider directly 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 sold 87,841 shares of company stock worth $2,069,264 in the last ninety days. 2.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Mastercraft Boat

A number of institutional investors have recently added to or reduced their stakes in MCFT. Coliseum Capital Management LLC grew its position in Mastercraft Boat by 3.8% during the fourth quarter. Coliseum Capital Management LLC now owns 3,697,422 shares of the company’s stock worth $69,918,000 after buying an additional 134,807 shares during the period. Forager Capital Management LLC boosted its stake in shares of Mastercraft Boat by 6.2% during the 2nd quarter. Forager Capital Management LLC now owns 1,802,975 shares of the company’s stock worth $33,499,000 after acquiring an additional 105,280 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Mastercraft Boat by 7.3% during the 2nd quarter. American Century Companies Inc. now owns 538,225 shares of the company’s stock worth $10,000,000 after acquiring an additional 36,569 shares in the last quarter. Royce & Associates LP grew its holdings in shares of Mastercraft Boat by 19.0% in the 4th quarter. Royce & Associates LP now owns 305,466 shares of the company’s stock worth $5,776,000 after acquiring an additional 48,764 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Mastercraft Boat by 26.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 272,749 shares of the company’s stock worth $5,158,000 after acquiring an additional 56,873 shares during the period. Hedge funds and other institutional investors 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.