Mastercraft Boat (NASDAQ:MCFT) Issues Quarterly Earnings Results

Mastercraft Boat (NASDAQ:MCFT) posted its quarterly earnings results on Thursday. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.16 by $0.13, FiscalAI reports. The business had revenue of $71.76 million during the quarter, compared to the consensus estimate of $68.79 million. Mastercraft Boat had a net margin of 5.50% and a return on equity of 8.09%. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.10 earnings per share. Mastercraft Boat updated its Q3 2026 guidance to 0.350-0.350 EPS and its FY 2026 guidance to 1.450-1.600 EPS.

Here are the key takeaways from Mastercraft Boat’s conference call:

• MasterCraft reported Q2 net sales of $71.8M (up 13.2% YoY) and adjusted EBITDA of $7.5M (10.4% margin), and raised full‑year guidance to $300–310M net sales and $1.45–1.60 adjusted EPS.
• The company entered a definitive agreement to combine with Marine Products Corporation (Chaparral and Robalo), creating a five‑brand platform with over 500 dealers and broader inland and coastal market coverage.
• Transaction consideration is 0.232 MasterCraft shares plus $2.43 cash per Marine Products share (implied value ~$232.2M, ~7.2x expected EBITDA); pro forma ownership will be ~66.5% MasterCraft / 33.5% Marine Products and the combined company intends to remain debt‑free with significant liquidity.
• Management expects approximately $6M of annual run‑rate cost savings from eliminating Marine Products’ public company/corporate overhead, sees additional sourcing, manufacturing and revenue synergies, and expects the deal to be accretive to adjusted EPS in fiscal 2027.
• The transaction is subject to customary closing conditions (regulatory and shareholder approvals), the company’s outlook excludes any impact from the combination, and management cautioned there is not yet a sustained consumer demand breakout (retail assumed down 5–10%).

Mastercraft Boat Trading Up 1.0%

MCFT stock traded up $0.25 on Friday, hitting $24.86. The company’s stock had a trading volume of 72,346 shares, compared to its average volume of 125,141. The stock has a market cap of $404.89 million, a price-to-earnings ratio of 25.62 and a beta of 1.07. The firm has a 50 day moving average of $20.29 and a two-hundred day moving average of $20.56. Mastercraft Boat has a 1 year low of $14.39 and a 1 year high of $26.49.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Truist Financial set a $21.00 price target on Mastercraft Boat in a report on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mastercraft Boat in a report on Monday, December 29th. Zacks Research upgraded shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. Wall Street Zen upgraded shares of Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 17th. Finally, B. Riley reissued a “neutral” rating on shares of Mastercraft Boat in a report on Friday. 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $22.67.

Key Headlines Impacting Mastercraft Boat

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

• Positive Sentiment: Q2 beat — MasterCraft reported $0.29 EPS vs. a ~$0.16 consensus and revenue of $71.8M (up ~13% YoY), driving confidence in near‑term profitability. MasterCraft Boat Holdings, Inc. Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Raised FY guidance — Management issued FY 2026 EPS guidance of $1.45–$1.60, well above the prior street estimate (~$1.19), signaling stronger full‑year profit expectations. MasterCraft Boat Holdings, Inc. Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Strategic combination — MasterCraft announced a planned combination with Marine Products Corporation to create a larger, diversified portfolio of recreational marine brands; the deal could deliver scale and cross‑sell opportunities (MasterCraft shareholders to own ~66.5% of the combined entity). MasterCraft Boat Holdings, Inc. and Marine Products Corporation to Combine
• Neutral Sentiment: Earnings materials available — Full earnings transcript, slide deck and call transcript are posted for investors to review management’s detail on results and strategy. MasterCraft (MCFT) Q2 2026 Earnings Transcript
• Neutral Sentiment: Analyst notes and metric review — Coverage (Zacks and others) highlights key margin, revenue and backlog metrics to help assess sustainability of the beat. Here’s What Key Metrics Tell Us About MasterCraft Q2 Earnings
• Negative Sentiment: Weaker near‑term guide — Q3 EPS guidance of $0.35 and revenue guidance of $75M are below consensus (~$0.38 EPS and ~$83M revenue), indicating a near‑term slowdown that offsets some of the FY strength. MasterCraft Boat Holdings, Inc. Reports Fiscal 2026 Second Quarter Results
• Negative Sentiment: Shareholder probe — Halper Sadeh LLC is investigating whether the proposed merger is fair to MasterCraft shareholders, which could create legal/transaction risk and headline volatility. MCFT Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger …
• Negative Sentiment: Conflicting coverage on sales — Some outlets flagged Q4/CY2025 sales as below analyst estimates, adding short‑term uncertainty about top‑line momentum. MasterCraft reports sales below analyst estimates in Q4 CY2025

Insider Activity at Mastercraft Boat

In other Mastercraft Boat news, major shareholder Coliseum Capital Management, L bought 25,000 shares of Mastercraft Boat stock in a transaction dated Monday, December 22nd. The stock was acquired at an average cost 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 of the company’s stock, valued at approximately $72,691,316.52. This represents a 0.68% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 134,807 shares of company stock valued at $2,649,367 over the last three months. 2.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Mastercraft Boat

Several institutional investors have recently added to or reduced their stakes in MCFT. Arrowstreet Capital Limited Partnership grew its stake in shares of 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 during the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Mastercraft Boat during the second quarter worth $2,065,000. JPMorgan Chase & Co. grew its position in Mastercraft Boat by 1,252.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 112,930 shares of the company’s stock valued at $2,423,000 after buying an additional 104,577 shares during the last quarter. Alliancebernstein L.P. increased its stake in Mastercraft Boat by 274.0% in the 3rd quarter. Alliancebernstein L.P. now owns 65,890 shares of the company’s stock valued at $1,414,000 after buying an additional 48,270 shares during the period. Finally, Marshall Wace LLP purchased a new position in Mastercraft Boat during the 2nd quarter worth $684,000. Institutional investors and hedge funds 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.