Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) Receives Consensus Recommendation of “Hold” from Brokerages

Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $23.60.

Several equities analysts recently issued reports on the company. Seaport Research Partners upgraded Mastercraft Boat to a “hold” rating in a research report on Monday, December 22nd. B. Riley Financial reaffirmed a “neutral” rating on shares of Mastercraft Boat in a research report on Friday, February 6th. Robert W. Baird set a $28.00 target price on Mastercraft Boat in a report on Friday, February 6th. Loop Capital started coverage on Mastercraft Boat in a research note on Monday, December 22nd. They set a “hold” rating and a $21.00 price target for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mastercraft Boat in a report on Monday, December 29th.

Mastercraft Boat Stock Up 1.5%

Shares of NASDAQ:MCFT opened at $21.59 on Friday. Mastercraft Boat has a fifty-two week low of $14.39 and a fifty-two week high of $26.49. The firm’s 50 day moving average price is $21.97 and its 200 day moving average price is $20.85. The stock has a market cap of $351.49 million, a price-to-earnings ratio of 22.49 and a beta of 1.07.

Mastercraft Boat (NASDAQ:MCFT) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.13. The company had revenue of $71.76 million during the quarter, compared to the consensus estimate of $68.79 million. Mastercraft Boat had a return on equity of 9.51% and a net margin of 5.27%.Mastercraft Boat’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the previous year, the business 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, equities analysts anticipate that Mastercraft Boat will post 0.62 EPS for the current year.

Insider Activity at Mastercraft Boat

In other Mastercraft Boat news, major shareholder Fund L.P. Forager sold 26,497 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $23.50, for a total value of $622,679.50. Following the completion of the transaction, the insider owned 1,611,277 shares in the company, valued at approximately $37,865,009.50. This represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 87,841 shares of company stock valued at $2,069,264. 2.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Mastercraft Boat

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Millennium Management LLC acquired a new stake in shares of Mastercraft Boat during the 4th quarter worth $306,000. Man Group plc purchased a new stake in shares of Mastercraft Boat during the fourth quarter valued at approximately $584,000. Engineers Gate Manager LP acquired a new position in Mastercraft Boat in the 4th quarter worth $307,000. AQR Capital Management LLC lifted its stake in shares of Mastercraft Boat by 41.4% in the fourth quarter. AQR Capital Management LLC now owns 15,002 shares of the company’s stock worth $284,000 after acquiring an additional 4,395 shares in the last quarter. Finally, Coliseum Capital Management LLC boosted its stake in shares of Mastercraft Boat by 3.8% during the 4th quarter. Coliseum Capital Management LLC now owns 3,697,422 shares of the company’s stock valued at $69,918,000 after buying an additional 134,807 shares during the last quarter. 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.