Mastercraft Boat (NASDAQ:MCFT) Releases Q2 2026 Earnings Guidance

Mastercraft Boat (NASDAQ:MCFT) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.160-0.160 for the period, compared to the consensus estimate of 0.190. The company issued revenue guidance of $69.0 million-$69.0 million, compared to the consensus revenue estimate of $67.3 million. Mastercraft Boat also updated its FY 2026 guidance to 1.180-1.430 EPS.

Mastercraft Boat Stock Performance

Shares of NASDAQ:MCFT opened at $21.46 on Thursday. The company has a fifty day moving average of $21.63 and a 200-day moving average of $19.68. The company has a market capitalization of $349.67 million, a PE ratio of 48.77 and a beta of 1.04. Mastercraft Boat has a 52-week low of $14.39 and a 52-week high of $23.93.

Mastercraft Boat (NASDAQ:MCFT) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.22. The business had revenue of $79.52 million for the quarter, compared to analysts’ expectations of $70.45 million. Mastercraft Boat had a net margin of 2.48% and a return on equity of 7.01%. The business’s quarterly revenue was up 46.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. Mastercraft Boat has set its FY 2026 guidance at 1.150-1.40 EPS. Q1 2026 guidance at 0.160-0.160 EPS. On average, equities analysts forecast that Mastercraft Boat will post 0.62 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MCFT has been the subject of a number of recent research reports. Zacks Research upgraded shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Raymond James Financial lifted their price objective on shares of Mastercraft Boat from $21.00 to $25.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. Robert W. Baird boosted their price target on shares of Mastercraft Boat from $20.00 to $24.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. Wall Street Zen upgraded shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 30th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mastercraft Boat in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Mastercraft Boat has an average rating of “Hold” and a consensus price target of $23.00.

Institutional Investors Weigh In On Mastercraft Boat

Hedge funds and other institutional investors have recently bought and sold shares of the business. State of Wyoming purchased a new stake in Mastercraft Boat in the second quarter worth about $61,000. Jane Street Group LLC purchased a new stake in Mastercraft Boat in the first quarter worth about $236,000. Quantinno Capital Management LP grew its holdings in Mastercraft Boat by 18.0% in the second quarter. Quantinno Capital Management LP now owns 16,327 shares of the company’s stock worth $303,000 after purchasing an additional 2,496 shares during the period. Marshall Wace LLP purchased a new stake in Mastercraft Boat in the second quarter worth about $684,000. Finally, First Trust Advisors LP grew its holdings in Mastercraft Boat by 3.1% in the second quarter. First Trust Advisors LP now owns 41,276 shares of the company’s stock worth $767,000 after purchasing an additional 1,259 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, 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.