Mastercraft Boat (NASDAQ:MCFT) Issues Q3 2026 Earnings Guidance

Mastercraft Boat (NASDAQ:MCFT) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.350-0.350 for the period, compared to the consensus EPS estimate of 0.380. The company issued revenue guidance of $75.0 million-$75.0 million, compared to the consensus revenue estimate of $83.4 million. Mastercraft Boat also updated its FY 2026 guidance to 1.450-1.600 EPS.

Wall Street Analysts Forecast Growth

MCFT has been the subject of several research analyst reports. Zacks Research upgraded Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Truist Financial set a $21.00 price target on Mastercraft Boat in a report on Friday, October 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Mastercraft Boat in a research report on Monday, December 29th. Seaport Research Partners upgraded shares of Mastercraft Boat to a “hold” rating in a research report on Monday, December 22nd. Finally, Loop Capital started coverage on shares of Mastercraft Boat in a research note on Monday, December 22nd. They issued a “hold” rating and a $21.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $23.33.

Mastercraft Boat Stock Performance

MCFT opened at $25.17 on Friday. The company has a fifty day moving average price of $20.43 and a two-hundred day moving average price of $20.60. Mastercraft Boat has a 52 week low of $14.39 and a 52 week high of $26.49. The firm has a market capitalization of $410.02 million, a PE ratio of 26.22 and a beta of 1.07.

Mastercraft Boat (NASDAQ:MCFT) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.13. Mastercraft Boat had a return on equity of 9.58% and a net margin of 5.27%.The company had revenue of $71.76 million for the quarter, compared to the consensus estimate of $68.79 million. During the same quarter in the prior year, the business posted $0.10 EPS. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. Mastercraft Boat has set its Q3 2026 guidance at 0.350-0.350 EPS and its FY 2026 guidance at 1.450-1.600 EPS. Equities analysts forecast that Mastercraft Boat will post 0.62 EPS for the current year.

Insider Activity

In related news, major shareholder Coliseum Capital Management, L purchased 76,000 shares of the stock in a transaction dated Friday, December 19th. The stock was bought at an average cost of $19.79 per share, with a total value of $1,504,040.00. Following the purchase, the insider directly owned 3,672,422 shares in the company, valued at $72,677,231.38. The trade was a 2.11% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. In the last three months, insiders bought 134,807 shares of company stock worth $2,649,367. 2.50% of the stock is currently owned by insiders.

Mastercraft Boat News Roundup

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

• Positive Sentiment: Q2 results beat consensus — MasterCraft reported $0.29 EPS vs. consensus $0.16 and revenue of $71.8M (up 13% YoY), showing margin improvement and stronger sales. Investors generally view the beat as confirmation of demand strength. Press Release
• Positive Sentiment: FY 2026 guidance raised above consensus — MasterCraft guided FY26 EPS to $1.45–$1.60 (consensus ~$1.19) and revenue to $300–$310M (roughly in line with consensus), signaling management confidence for the year and supporting the stock. Guidance Details
• Positive Sentiment: Planned combination with Marine Products Corporation — the companies announced a merger to create a larger, diversified recreational marine portfolio (MasterCraft shareholders to own ~66.5% of the combined entity), which could drive scale, cross‑selling and category diversification. Market reaction reflects strategic upside. Combination Announcement
• Neutral Sentiment: Analyst writeups and call transcripts add color — Zacks and Seeking Alpha provide metric breakdowns and the full earnings call/transcript that investors can use to vet margin drivers, dealer inventory comments and demand trends. These are informational; impact depends on follow‑up commentary. Zacks Analysis
• Neutral Sentiment: Some outlets reported Q4/CY2025 sales below estimates — there are mixed headlines on sales vs. calendar Q4 estimates; investors should prioritize company reported fiscal Q2 results and the call for clarity. MSN Report
• Negative Sentiment: Q3 guidance underwhelms — MasterCraft set Q3 FY26 EPS at $0.35 (below the ~$0.38 consensus) and revenue guidance of $75.0M vs. ~$83.4M consensus, a notable shortfall that could pressure near‑term stock performance if investors focus on the sequential slowdown. Guidance Details
• Negative Sentiment: Shareholder investigation into the merger — law firm Halper Sadeh LLC is investigating whether the proposed merger is fair to MasterCraft shareholders, introducing legal/transactional risk and potential delays or changes to deal terms. Investigation Notice

Hedge Funds Weigh In On Mastercraft Boat

Institutional investors have recently modified their holdings of the business. State of Wyoming bought a new stake in shares of Mastercraft Boat in the second quarter worth $61,000. Russell Investments Group Ltd. increased its stake in Mastercraft Boat by 16.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 9,795 shares of the company’s stock valued at $210,000 after buying an additional 1,394 shares during the last quarter. Algert Global LLC bought a new stake in Mastercraft Boat during the 3rd quarter worth about $288,000. Jane Street Group LLC acquired a new position in shares of Mastercraft Boat during the 1st quarter worth about $236,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of Mastercraft Boat by 849.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 15,415 shares of the company’s stock valued at $331,000 after acquiring an additional 13,792 shares in the last quarter. Institutional investors 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.