Mastercraft Boat (NASDAQ:MCFT) Releases Q2 2026 Earnings Guidance

Mastercraft Boat (NASDAQ:MCFT) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.160-0.160 for the period, compared to the consensus EPS estimate of 0.190. The company issued revenue guidance of $69.0 million-$69.0 million, compared to the consensus revenue estimate of $67.3 million. Mastercraft Boat also updated its FY 2026 guidance to 1.180-1.430 EPS.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on MCFT shares. Zacks Research upgraded shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. B. Riley boosted their price objective on shares of Mastercraft Boat from $17.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. Wall Street Zen raised shares of Mastercraft Boat from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 30th. Truist Financial set a $21.00 price objective on shares of Mastercraft Boat in a research report on Friday, October 24th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mastercraft Boat in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $23.00.

Mastercraft Boat Stock Down 5.7%

Shares of MCFT stock traded down $1.23 during mid-day trading on Thursday, reaching $20.23. 293,189 shares of the company’s stock traded hands, compared to its average volume of 136,022. The company has a market cap of $329.55 million, a P/E ratio of 45.98 and a beta of 1.04. The company’s 50-day moving average price is $21.60 and its 200-day moving average price is $19.68. Mastercraft Boat has a 12 month low of $14.39 and a 12 month high of $23.93.

Mastercraft Boat (NASDAQ:MCFT) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.12. The company had revenue of $69.00 million for the quarter, compared to analysts’ expectations of $66.96 million. Mastercraft Boat had a net margin of 2.48% and a return on equity of 7.01%. Mastercraft Boat’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 EPS. Mastercraft Boat has set its FY 2026 guidance at 1.180-1.430 EPS. Q2 2026 guidance at 0.160-0.160 EPS. Equities analysts predict that Mastercraft Boat will post 0.62 earnings per share for the current year.

Hedge Funds Weigh In On Mastercraft Boat

Hedge funds have recently bought and sold shares of the business. State of Wyoming purchased a new position in Mastercraft Boat in the 2nd quarter worth about $61,000. Jane Street Group LLC purchased a new position in Mastercraft Boat in the 1st quarter worth about $236,000. Quantinno Capital Management LP raised its position in Mastercraft Boat by 18.0% in the 2nd quarter. Quantinno Capital Management LP now owns 16,327 shares of the company’s stock worth $303,000 after buying an additional 2,496 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Mastercraft Boat during the 2nd quarter valued at about $684,000. Finally, First Trust Advisors LP increased its position in shares of Mastercraft Boat by 3.1% during the 2nd quarter. First Trust Advisors LP now owns 41,276 shares of the company’s stock valued at $767,000 after purchasing an additional 1,259 shares during the last quarter. Hedge funds and other institutional investors own 97.64% of the company’s stock.

Mastercraft Boat Company Profile

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.