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

Mastercraft Boat (NASDAQ:MCFT) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.450-1.600 for the period, compared to the consensus estimate of 1.190. The company issued revenue guidance of $300.0 million-$310.0 million, compared to the consensus revenue estimate of $301.8 million. Mastercraft Boat also updated its Q3 2026 guidance to 0.350-0.350 EPS.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MCFT shares. Zacks Research upgraded shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. Seaport Research Partners raised shares of Mastercraft Boat to a “hold” rating in a research report on Monday, December 22nd. Truist Financial set a $21.00 price target on shares of Mastercraft Boat in a research note on Friday, October 24th. B. Riley reissued a “neutral” rating on shares of Mastercraft Boat in a research note on Friday. Finally, Wall Street Zen upgraded Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $22.67.

Mastercraft Boat Stock Up 1.5%

Shares of Mastercraft Boat stock traded up $0.36 on Friday, reaching $24.97. The stock had a trading volume of 54,848 shares, compared to its average volume of 124,416. Mastercraft Boat has a 1 year low of $14.39 and a 1 year high of $26.49. The company has a 50 day moving average price of $20.29 and a 200 day moving average price of $20.56. The stock has a market capitalization of $406.76 million, a P/E ratio of 25.97 and a beta of 1.07.

Mastercraft Boat (NASDAQ:MCFT) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.13. The firm had revenue of $71.76 million during the quarter, compared to analysts’ expectations of $68.79 million. Mastercraft Boat had a return on equity of 8.09% and a net margin of 5.50%.The business’s quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.10 EPS. 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. On average, analysts forecast that Mastercraft Boat will post 0.62 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Mastercraft Boat news, major shareholder Coliseum Capital Management, L acquired 25,000 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was acquired at an average cost of $19.66 per share, for a total transaction of $491,500.00. Following the purchase, the insider owned 3,697,422 shares in the company, valued at approximately $72,691,316.52. The trade was a 0.68% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased a total of 134,807 shares of company stock valued at $2,649,367 in the last 90 days. 2.50% of the stock is owned by corporate insiders.

Key Mastercraft Boat News

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

Institutional Investors Weigh In On Mastercraft Boat

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. State of Wyoming acquired a new position in shares of Mastercraft Boat in the 2nd quarter valued at $61,000. Russell Investments Group Ltd. increased its holdings in Mastercraft Boat by 16.6% in the third 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 in the last quarter. Jane Street Group LLC acquired a new position in shares of Mastercraft Boat in the first quarter worth about $236,000. Algert Global LLC purchased a new stake in shares of Mastercraft Boat during the 3rd quarter worth about $288,000. Finally, Quantinno Capital Management LP grew its position in shares of Mastercraft Boat by 18.0% during the 2nd quarter. Quantinno Capital Management LP now owns 16,327 shares of the company’s stock valued at $303,000 after acquiring an additional 2,496 shares during the period. 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.