Q2 EPS Estimates for Mastercraft Boat Reduced by B. Riley

Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) – B. Riley reduced their Q2 2026 earnings per share (EPS) estimates for Mastercraft Boat in a report released on Monday, November 24th. B. Riley analyst A. Glaessgen now anticipates that the company will post earnings of $0.12 per share for the quarter, down from their previous forecast of $0.13. B. Riley currently has a “Neutral” rating and a $23.00 price target on the stock. The consensus estimate for Mastercraft Boat’s current full-year earnings is $0.62 per share. B. Riley also issued estimates for Mastercraft Boat’s Q3 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.36 EPS, FY2026 earnings at $1.06 EPS and FY2027 earnings at $1.32 EPS.

Mastercraft Boat (NASDAQ:MCFT) last issued its earnings results on Thursday, November 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.12. Mastercraft Boat had a net margin of 5.50% and a return on equity of 8.09%. The company had revenue of $69.00 million for the quarter, compared to analysts’ expectations of $66.96 million. During the same period in the prior year, the business earned $0.12 EPS. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. Mastercraft Boat has set its FY 2026 guidance at 1.180-1.430 EPS. Q2 2026 guidance at 0.160-0.160 EPS.

Other analysts have also issued research reports about the company. Raymond James Financial upped their target price on Mastercraft Boat from $21.00 to $25.00 and gave the stock an “outperform” rating in a report on Thursday, August 28th. Wall Street Zen raised Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mastercraft Boat in a research report on Monday. Truist Financial set a $21.00 target price on Mastercraft Boat in a research note on Friday, October 24th. Finally, Robert W. Baird boosted their target price on shares of Mastercraft Boat from $20.00 to $24.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $23.00.

Mastercraft Boat Stock Performance

NASDAQ MCFT opened at $18.73 on Thursday. The company has a market cap of $305.09 million, a PE ratio of 19.31 and a beta of 1.04. The firm’s 50 day moving average price is $20.45 and its 200-day moving average price is $19.89. Mastercraft Boat has a 52-week low of $14.39 and a 52-week high of $23.93.

Insider Transactions at Mastercraft Boat

In related news, major shareholder Fund L.P. Forager sold 58,066 shares of the company’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $20.37, for a total transaction of $1,182,804.42. Following the transaction, the insider directly owned 1,699,928 shares of the company’s stock, valued at $34,627,533.36. This represents a 3.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Over the last quarter, insiders sold 103,857 shares of company stock worth $2,121,382. Corporate insiders own 2.50% of the company’s stock.

Institutional Investors Weigh In On Mastercraft Boat

Large investors have recently modified their holdings of the business. SummerHaven Investment Management LLC increased its holdings in shares of Mastercraft Boat by 2.0% during the second quarter. SummerHaven Investment Management LLC now owns 44,177 shares of the company’s stock valued at $821,000 after acquiring an additional 854 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in 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 last quarter. First Trust Advisors LP grew its position in Mastercraft Boat by 3.1% during the 2nd 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 last quarter. Russell Investments Group Ltd. increased its stake in Mastercraft Boat by 16.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 9,795 shares of the company’s stock valued at $210,000 after purchasing an additional 1,394 shares in the last quarter. Finally, New York State Teachers Retirement System purchased a new position in shares of Mastercraft Boat in the third quarter worth $32,000. Hedge funds and other institutional investors own 97.64% of the company’s stock.

About Mastercraft Boat

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.