Mastercraft Boat (NASDAQ:MCFT) Raised to Strong-Buy at Wall Street Zen

Mastercraft Boat (NASDAQ:MCFT) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Sunday.

A number of other research analysts have also issued reports on the company. Truist Financial set a $21.00 target price on Mastercraft Boat in a report on Friday, October 24th. Zacks Research cut Mastercraft Boat from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. B. Riley boosted their price objective on Mastercraft Boat from $17.00 to $23.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Raymond James Financial upped their target price on shares of Mastercraft Boat from $21.00 to $25.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th. Finally, Robert W. Baird lifted their price target on shares of Mastercraft Boat from $20.00 to $24.00 and gave the stock a “neutral” rating in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $22.67.

Mastercraft Boat Stock Performance

Shares of Mastercraft Boat stock opened at $19.53 on Friday. The stock has a 50 day moving average of $19.57 and a 200 day moving average of $20.10. The firm has a market capitalization of $318.14 million, a price-to-earnings ratio of 20.13 and a beta of 1.09. Mastercraft Boat has a fifty-two week low of $14.39 and a fifty-two week high of $23.93.

Mastercraft Boat (NASDAQ:MCFT) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.16 by $0.12. The business had revenue of $69.00 million for the quarter, compared to analyst estimates of $66.96 million. Mastercraft Boat had a return on equity of 8.09% and a net margin of 5.50%.The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.12 EPS. Mastercraft Boat has set its FY 2026 guidance at 1.180-1.430 EPS and its Q2 2026 guidance at 0.160-0.160 EPS. Analysts forecast that Mastercraft Boat will post 0.62 EPS for the current year.

Insider Activity at Mastercraft Boat

In other news, major shareholder Coliseum Capital Management, L acquired 25,000 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were bought at an average price of $19.66 per share, with a total value of $491,500.00. Following the completion of the acquisition, the insider owned 3,697,422 shares in the company, valued at $72,691,316.52. This trade represents a 0.68% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Fund L.P. Forager sold 58,066 shares of Mastercraft Boat 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 in the company, valued at $34,627,533.36. This trade represents a 3.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have bought 134,807 shares of company stock valued at $2,649,367 and have sold 103,857 shares valued at $2,121,382. 2.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its stake in Mastercraft Boat by 131.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 108,193 shares of the company’s stock worth $1,863,000 after purchasing an additional 61,399 shares during the period. Forager Capital Management LLC increased its stake in Mastercraft Boat by 6.2% in the second quarter. Forager Capital Management LLC now owns 1,802,975 shares of the company’s stock valued at $33,499,000 after purchasing an additional 105,280 shares during the period. Gratia Capital LLC purchased a new stake in shares of Mastercraft Boat in the second quarter valued at about $4,273,000. American Century Companies Inc. boosted its stake in shares of Mastercraft Boat by 7.3% during the second quarter. American Century Companies Inc. now owns 538,225 shares of the company’s stock worth $10,000,000 after buying an additional 36,569 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of Mastercraft Boat during the first quarter worth about $906,000. Hedge funds and other institutional investors own 97.64% of the company’s stock.

Mastercraft Boat News Summary

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

• Positive Sentiment: Major shareholder Coliseum Capital has been accumulating shares across multiple filings (Dec 18, 19 and 22), adding a total of ~134,800 shares and increasing its stake to roughly 3.7M shares — insider buying often signals management/owner confidence and can provide price support. SEC filing: Read More.
• Positive Sentiment: Media coverage highlights Coliseum’s purchases valued at roughly $2.65M, reinforcing the message that a large holder sees value at recent prices; that can attract other investors or reduce sell-side pressure. Read More.
• Positive Sentiment: MasterCraft was upgraded by Wall Street Zen (coverage noted by American Banking News), a small analyst upgrade that may support sentiment among retail/coverage-following investors. Read More.
• Neutral Sentiment: Seaport Research initiated coverage with a “neutral” rating — initiation increases analyst coverage (liquidity/visibility) but a neutral/hold view limits immediate upside from that note. Read More.

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.