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

Mastercraft Boat (NASDAQ:MCFT) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.650-1.650 for the period, compared to the consensus EPS estimate of 1.480. The company issued revenue guidance of $312.0 million-$312.0 million, compared to the consensus revenue estimate of $306.1 million.

Analyst Ratings Changes

Several analysts have recently commented on MCFT shares. B. Riley Financial reaffirmed a “neutral” rating on shares of Mastercraft Boat in a report on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of Mastercraft Boat in a research report on Friday, March 27th. Zacks Research cut shares of Mastercraft Boat from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. Robert W. Baird set a $30.00 price objective on shares of Mastercraft Boat in a report on Friday. Finally, Wall Street Zen upgraded shares of Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. One equities research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $24.80.

Mastercraft Boat Stock Up 7.1%

Mastercraft Boat stock traded up $1.81 during trading on Friday, reaching $27.38. The stock had a trading volume of 479,258 shares, compared to its average volume of 131,483. Mastercraft Boat has a 52-week low of $16.46 and a 52-week high of $28.44. The business has a 50 day moving average price of $21.59 and a 200 day moving average price of $20.98. The stock has a market cap of $445.75 million, a PE ratio of 40.27 and a beta of 1.09.

Mastercraft Boat (NASDAQ:MCFT) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.09. The company had revenue of $78.21 million for the quarter, compared to analysts’ expectations of $75.55 million. Mastercraft Boat had a net margin of 3.72% and a return on equity of 10.60%. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the company earned $0.30 earnings per share. Mastercraft Boat has set its FY 2026 guidance at 1.650-1.650 EPS. On average, equities analysts predict that Mastercraft Boat will post 1.34 EPS for the current fiscal year.

Insider Transactions at Mastercraft Boat

In other Mastercraft Boat news, major shareholder Fund L.P. Forager sold 30,131 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $38,373,044.82. The trade was a 1.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 87,841 shares of company stock valued at $2,069,264. Insiders own 2.50% of the company’s stock.

Key Mastercraft Boat News

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

• Positive Sentiment: MasterCraft reported fiscal Q3 EPS of $0.45, topping estimates of $0.36, while revenue rose to $78.21 million versus $75.55 million expected. Article Title
• Positive Sentiment: The company lifted FY 2026 guidance, with EPS guidance of 1.65 and revenue guidance of about $312 million, both above consensus expectations. Article Title
• Positive Sentiment: Management said premium product momentum and the marine products acquisition are helping shape a constructive outlook for the business. Article Title
• Neutral Sentiment: The latest earnings call and transcript commentary will be watched for more detail on demand trends, margins, and integration plans, but no clear negative surprise has emerged from the recent reports. Article Title

Institutional Investors Weigh In On Mastercraft Boat

Institutional investors and hedge funds have recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership lifted its holdings in 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. Coliseum Capital Management LLC grew its position in Mastercraft Boat by 3.8% in the fourth quarter. Coliseum Capital Management LLC now owns 3,697,422 shares of the company’s stock valued at $69,918,000 after acquiring an additional 134,807 shares in the last quarter. Corient Private Wealth LLC purchased a new position in Mastercraft Boat in the second quarter valued at about $2,065,000. JPMorgan Chase & Co. grew its position in shares of Mastercraft Boat by 1,252.0% during the third quarter. JPMorgan Chase & Co. now owns 112,930 shares of the company’s stock worth $2,423,000 after buying an additional 104,577 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Mastercraft Boat by 26.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 272,749 shares of the company’s stock worth $5,158,000 after buying an additional 56,873 shares in 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 (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.